News
FG pushes banks to tap $14.8bn women’s finance gap
Nigeria’s government is calling on banks and fintechs to redesign lending models and capture an unclaimed women’s finance gap worth billions annually.
Hillary RemyAug 20, 2026
Editorial
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Page 5 of 15.
News
Tijani reveals $750M plan to reshape Nigeria’s cloud
Tijani’s new cloud policy puts the federal government’s buying power on the table to attract private investors to build local digital infrastructure.
Tobi Opeyemi AmureAug 19, 2026
News
Standard Bank chases OPay stake before $4B US IPO
Africa’s largest lender is in discussions to buy into OPay before the Nigerian fintech lists its shares in New York later this year.
Damilola EsebameAug 19, 2026
News
World Bank reveals Africa’s trade problem starts at home
A new World Bank report finds that 60% of Africa’s trade costs originate inside countries, not at borders, raising hard questions about where integration efforts should focus.
Hillary RemyAug 19, 2026
News
First HoldCo slips to ₦130 as big banks trade sideways
First HoldCo shares dropped to their lowest level in two weeks while GTCO, Zenith, and UBA barely moved, as the NGX shed ₦544 billion in a single session.
Damilola EsebameAug 19, 2026
News
Airtel Africa adds $15m more firepower to share buyback
Airtel Africa expanded its Barclays buyback agreement just three months into a program that has already consumed over 18 million shares, and the company is not slowing down.
Damilola EsebameAug 18, 2026
News
Skyway Aviation hits a 52-week peak then drops 10%
Skyway Aviation opened at its highest price in a year before a broad NGX selloff dragged it to the daily loss limit, raising fresh questions about the stock’s valuation.
Peace LongeAug 18, 2026
News
Otedola deepens First HoldCo grip with 147m shares
Otedola’s Calvados Global Services just dropped another ₦20.68 billion on First HoldCo stock, pushing his ownership past 26% as the billionaire chairman inches closer to a regulatory tripwire.
Damilola EsebameAug 18, 2026
News
Ecobank scraps non-exec tenure cap in board reboot
Ecobank shareholders approved a governance overhaul on August 13, 2026, reshaping board size, quorum thresholds, and director tenure rules across the pan-African lender.
Hillary RemyAug 18, 2026
News
Geregu Power taps three-decade veteran as acting CEO
Geregu Power names a new acting chief executive just days after a bond default and collapsing revenue rattled investors on the Nigerian Exchange.
Tobi Opeyemi AmureAug 17, 2026
News
Tinubu sets new bar for what a working refinery means
Nigeria’s president draws a sharp line between refinery activity and refinery profitability as billions in rehabilitation spending face fresh scrutiny.
Hillary RemyAug 17, 2026
News
NGX volume surges 127%, but the market still fell
NGX trading activity more than doubled in a single week as investors swapped 12.15 billion shares, yet the All-Share Index still closed lower.
Peace LongeAug 17, 2026
News
NGX rewrites the rules for Nigeria’s priciest stocks
NGX’s revised pricing framework could reshape how much capital it takes to move premium stock prices on the Nigerian exchange.
Damilola EsebameAug 17, 2026
News
BUA Foods sinks 6% as food stocks face a selling wave
BUA Foods drops to ₦714 per share as Nascon hits the NGX 10% daily limit and Northern Nigeria Flour Mills falls close behind.
Hillary RemyAug 15, 2026
News
Transcorp Power slides to 52-week low in Friday rout
Transcorp Power sat at its 52-week floor of ₦219.60 on August 14 as the broader NGX selloff dragged the stock deeper into yearly-low territory.
Peace LongeAug 15, 2026
News
PwC warns of tax traps in Nigeria’s crypto rules
PwC Nigeria flagged critical gaps in the country’s first virtual asset tax framework that could over-tax compliant crypto investors and exchanges.
Damilola EsebameAug 15, 2026
News
Dangote Sugar lands ₦486bn despite crushing debt
Dangote Sugar pulled off one of Nigeria’s largest equity raises with investors piling in, even as the refiner carried a staggering ₦628 billion debt load on its books.
Damilola EsebameAug 15, 2026
News
Transcorp Hotels stumbles 9% from its 52-week peak
Transcorp Hotels shed ₦20.90 per share in a single session as profit-taking dragged Nigeria’s biggest hospitality stock away from record territory, but the story underneath the selloff may surprise you.
Hillary RemyAug 14, 2026
News
Dangote Refinery shelves foreign listing for 3+ years
Dangote Refinery is preparing what could become Africa’s largest IPO, but the company’s CEO just slammed the brakes on a key part of the global expansion plan.
Damilola EsebameAug 14, 2026
News
Nestle holds at ₦2,800 while peers crumble around it
Nestle Nigeria barely moved on August 13 as BUA Foods, Guinness, and NASCON each shed roughly 10% in a consumer goods rout that erased N613 billion from the NGX.
Peace LongeAug 14, 2026
Taxes
Did VAT actually increase in Nigeria in 2026? Here’s what really happened
The VAT increase rumor in Nigeria refuses to die, but the final law tells a different story from the one most people heard first.
Damilola EsebameAug 14, 2026
Taxes
Top-up tax for Nigerian multinationals — global minimum tax explained
The Nigeria Tax Act forces parent companies of large multinational groups to pay a top-up tax in Nigeria, closing gaps that once let profits sit untaxed in low-rate jurisdictions abroad.
Damilola EsebameAug 13, 2026
News
Seplat sets ₦1,360 rate for Q2 dividend payout
Seplat Energy has locked in the naira conversion rate for its record quarterly dividend, and the number carries real weight for every NGX shareholder expecting a deposit on August 28.
Tobi Opeyemi AmureAug 13, 2026
News
Dangote Sugar draws 73,000 shares and still edges up
Dangote Sugar closed higher on a session that wiped ₦1.76 trillion from the NGX, and the reason goes beyond one good day.
Peace LongeAug 13, 2026
News
BUA Cement buckles below ₦300 in broad market retreat
BUA Cement shares fell nearly 9% in a single session, dragged down by broad selling pressure that erased trillions in NGX market value.
Damilola EsebameAug 13, 2026
News
Zenith Bank and GTCO slip as mid-tier lenders surge
Zenith Bank and GTCO closed lower on August 11 as Fidelity Bank, Sterling, and Wema Bank posted gains in a session that wiped ₦1.17 trillion from the NGX.
Hillary RemyAug 12, 2026
News
Guinness Nigeria drops 9% in broad NGX selloff
Guinness Nigeria shed nearly 9% on August 11 as a sweeping selloff erased N1.17 trillion from the Nigerian Exchange in one session.
Peace LongeAug 12, 2026
News
NGX Group insider sells ₦11.6m stake in single trade
An NGX Group employee offloaded 85,000 shares in one transaction, raising fresh questions about insider confidence at the exchange operator.
Damilola EsebameAug 12, 2026
News
AfDB reveals West Africa’s hidden capital problem
The AfDB says West Africa’s $90 billion financing gap has less to do with missing money and more to do with how existing capital sits idle.
Hillary RemyAug 12, 2026
News
Aradel Holdings plunges 10% from its opening price
Aradel Holdings shed ₦152.60 per share in a single trading session, and the reasons behind the sell-off may not be what you expect.
Damilola EsebameAug 12, 2026
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