News
Flutterwave puts Nigeria at the centre of a $3.2B bet
Ripple’s equity investment positions Nigeria’s largest fintech at the center of a stablecoin-powered cross-border payment corridor across Africa.
Tobi Opeyemi AmureJun 19, 2026
Editorial
Latest Articles
Page 12 of 15.
News
Elon Musk’s $60B Cursor deal puts Nigerian devs on notice
The SpaceX-Cursor merger raises hard questions about AI tool access for the hundreds of Nigerian developers who built workflows around the code editor.
Tobi Opeyemi AmureJun 19, 2026
News
MTN Nigeria CFO goes on a ₦1.03bn share buying spree
The telecom giant’s finance chief purchased 1.3 million shares across 13 separate tranches in two trading days, a regulatory filing with the Nigerian Exchange Limited shows.
Damilola EsebameJun 19, 2026
Investing
Dangote Refinery IPO: Everything Nigerian investors need to know
Africa’s biggest planned listing is moving closer, and Nigerian investors have a narrow window to get every account, document, and decision in place.
Damilola EsebameJun 18, 2026
News
Stanbic IBTC ETF tumbles 10% despite 905% yearly gain
You do not often see a fund lose 10% and still carry a 905% year-to-date gain, but that is where the Stanbic IBTC ETF 30 landed on June 17, 2026.
Hillary RemyJun 18, 2026
News
Transcorp Hotels soars past its 52-week high on NGX
Something shifted for Transcorp Hotels on the Nigerian Exchange this week, and the numbers suggest the move was anything but subtle.
Peace LongeJun 18, 2026
News
MTN Nigeria CFO pours ₦218m into company shares
The person responsible for MTN Nigeria’s financial strategy just put ₦218 million of personal capital behind the company’s stock price trajectory.
Damilola EsebameJun 18, 2026
News
Vitafoam tumbles 8% as consumer goods stocks slide
Vitafoam Nigeria opened June 15 at its 52-week high of ₦210 per share, a level first reached on June 10 after an 8.25% single-day rally on the Nigerian Exchange.
Damilola EsebameJun 17, 2026
News
Ecobank trades ex-dividend as NGX stocks face rout
Ecobank Transnational Incorporated opened the trading week carrying an “X” marker on the Nigerian Exchange, confirming it was trading without its dividend for the first time since 2022.
Peace LongeJun 17, 2026
News
Nigeria’s prices climb again as inflation hits 15.93%
Grocery bills and fuel costs kept climbing for Nigerian households during May as the country’s annual inflation rate rose for a third consecutive month.
Hillary RemyJun 17, 2026
News
Julius Berger sheds 10% on thin volume across NGX
A 10% single-session decline in one of Nigeria’s most recognizable infrastructure stocks would normally trigger urgent conversations across the trading floor.
Damilola EsebameJun 17, 2026
News
FAAC allocation surges 10% despite oil tax slump
The Federation Account Allocation Committee distributed ₦2.257 trillion for April, a jump of roughly ₦217 billion from the previous month.
Peace LongeJun 15, 2026
News
CBN proposes sweeping ring-fencing plan for banks
If you bank with any of Nigeria’s major financial institutions, the company behind your account likely owns a fintech, an insurance arm, or a microfinance subsidiary.
Damilola EsebameJun 15, 2026
News
Electricity sector VAT crashes 51% in Q1 2026
Nigeria collected a record ₦2.42 trillion in Value Added Tax during the first three months of 2026, a figure that paints a rosy picture of the country’s expanding tax base.
Hillary RemyJun 15, 2026
News
CBN moves to strip holdcos of power over bank lending
Investors holding shares in Nigerian banking groups have weathered a punishing regulatory cycle, and a fresh proposal from Abuja could trigger another costly rethink.
Damilola EsebameJun 13, 2026
News
UK stakes £10m on Nigeria’s non-oil future
Nigeria has spent decades promising to reduce its dependence on oil revenue, and nearly every administration has pledged diversification.
Tobi Opeyemi AmureJun 13, 2026
News
Nigeria’s VAT revenue climbs past ₦2.4trn in Q1 2026
Nigeria pulled in ₦2.42 trillion in value-added tax during the first quarter of 2026, marking a new quarterly high in the country’s most critical non-oil revenue stream.
Hillary RemyJun 13, 2026
News
TotalEnergies slips 10% on thin Lagos volume
A stock that sat frozen near ₦640 for months suddenly cracked open on June 11, 2026, and what spilled out may trouble shareholders.
Peace LongeJun 12, 2026
News
CAP PLC stumbles 7.5% in a brutal Thursday session
If you owned CAP PLC shares heading into the second week of June 2026, the trading floor had a painful surprise waiting.
Damilola EsebameJun 12, 2026
News
NGX ETFs rattled as 6 of 12 funds slip into the red
If you held a basket of Nigerian exchange-traded funds heading into June 10, 2026, the closing bell probably left a mark on your portfolio.
Damilola EsebameJun 11, 2026
News
First HoldCo moves 100,000 shares without budging
Something unusual happened to First HoldCo Plc on the Nigerian Exchange on June 10, 2026, and it had nothing to do with a crash or a rally.
Tobi Opeyemi AmureJun 11, 2026
News
Seplat Energy slides 6.7% to ₦10,604 in a single session
Seplat Energy, the first stock in the 65-year history of the Nigerian Exchange to break the ₦10,000 barrier, gave back a significant chunk of its year-to-date gains on June 10, 2026.
Peace LongeJun 11, 2026
News
BUA Foods skids below ₦900 after opening strong
BUA Foods opened trading on June 9, 2026, at ₦939 per share, a price that suggested stability for the consumer goods heavyweight.
Hillary RemyJun 10, 2026
News
Airtel Africa shatters its 52-week high in one session
Airtel Africa closed at ₦4,021.20 on the Nigerian Exchange on June 8, 2026, obliterating a 52-week high that had held firm for weeks.
Damilola EsebameJun 10, 2026
News
Nigeria’s petrol import bill plunges 96% in Q1 2026
A year ago, petrol was the single most expensive item on Nigeria’s import ledger, consuming over 20% of the entire import bill.
Hillary RemyJun 9, 2026
News
Nigeria’s trade surplus surges 341% to ₦7.55tn in Q1
Nigeria’s merchandise trade balance delivered a number in the first quarter of 2026 that underscored a dramatic shift in the country’s external sector dynamics.
Peace LongeJun 9, 2026
News
Abbey Mortgage Bank surges 10% to lead NGX gainers
A stock that traded quietly for weeks just became the most active equity on the entire Nigerian Exchange on June 5, 2026.
Damilola EsebameJun 8, 2026
News
MTN Nigeria climbs ₦12 as bulls hold the reins
MTN Nigeria shares added ₦12 to close at ₦775 on the Nigerian Exchange, lifting the telecom giant while much of the market slid.
Peace LongeJun 6, 2026
News
CBN overhauls forex rulebook untouched since 2018
Nigeria’s foreign exchange market just received its biggest regulatory shake-up in nearly a decade, and banks sit squarely in the crosshairs.
Damilola EsebameJun 6, 2026
News
CBN’s forex numbers at ₦1,373 raise new questions
If you checked the Central Bank of Nigeria’s exchange rate dashboard in early June 2026, the numbers looked reassuring at first glance.
Hillary RemyJun 6, 2026
Newsletter
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