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Vitafoam Nigeria shed ₦18.80 per share on July 22, falling far harder than the broader NGX in a session that points to targeted profit-taking after months of steep appreciation.
Calvados Global Services, the Otedola-linked investment vehicle, purchased over 706 million First HoldCo shares at a premium, lifting the chairman’s stake past 21%.
How to file personal income tax FIRS-style under NRS rules, from documents and deadlines to portal steps and what to do if you cannot pay.
The short answer is yes, and the Nigeria Tax Act 2025 has made enforcement far more aggressive than most self-employed workers expect.
Nigeria’s reserves now cover 11 months of imports after the Central Bank confirmed a $52.52 billion stockpile, blowing past its own full-year forecast with five months still left in 2026.
Okomu Oil and Presco, Nigeria’s two largest listed palm oil producers, lost a combined ₦371 billion in market value during the July 21 session, even as the broader NGX index edged higher.
Airtel Africa has purchased over 841,000 ordinary shares across five trading sessions, pushing its total buyback past 13.7 million shares since the program launched in May 2026.
Nigerian regulators have given borrowers real tools to fight loan app harassment, and you can start using them today.
A loan app “blacklist” and a formal credit bureau record are two different problems, and each one requires a different fix.
Skyway Aviation shares slid to ₦154.10 on the same session they touched a record high, raising questions about whether the stock’s rally has run out of altitude.
Cadbury Nigeria jumped to its highest close in weeks as a Mondelez subsidiary outpaced every consumer goods peer on the board.
Nigeria’s upstream regulator says the country can reach 3 million barrels a day by 2030, but the gap between ambition and execution has swallowed promises before.
First HoldCo delivered its strongest half-year on record, but a closer look at the numbers raises questions about what is driving the gains.
Mandatory e-invoicing Nigeria rules are reshaping how businesses file VAT, and the penalties for falling behind are steep.
Nigeria tax penalties 2026 hit harder under the NTAA, with a 40% surcharge on un-deducted withholding tax and escalating fines that can exceed the original liability.
The NGX added ₦612 billion in market value, but a sharp drop in trading volume suggests the rally is running on a thinner crowd.
Nigerian Breweries closed unchanged at ₦75.00 on a day when First HoldCo alone commandeered nearly half of all NGX trading value, raising fresh questions about investor conviction ahead of the brewer’s July 27 earnings report.
How do Palmcredit vs FairMoney vs Carbon stack up on rates, loan limits, and regulatory standing in the best Nigerian loan app comparison of 2026?
A loan app that doesn’t require BVN skips the one check designed to protect you from fraud, data theft, and predatory recovery tactics.
Access Bank offloaded over 12 million shares in its Ghanaian subsidiary, but the regulatory pressure behind the deal tells a bigger story.
First HoldCo posted three consecutive near-limit-up sessions while blue chips across the Nigerian Exchange cratered by 10%, and one billionaire’s bet crossed $641 million in the process.
Transcorp Power posted ₦182 billion in half-year revenue, but infrastructure sabotage dragged its top line well below last year’s pace.
A pre-IPO share sale for Dangote’s mega-refinery pulled in far more than expected, and the real test is still to come.
GTBank Quick Credit gives salary earners collateral-free loans of up to ₦5 million at 2.95% monthly interest, but the total repayment cost depends on your tenure.
The CBN has rolled out a digital surveillance system that tracks every dollar BDC operators purchase, and any unsold foreign exchange must go back to the market within a day.
President Bola Ahmed Tinubu commits $3.05 billion in World Bank-backed funding to five social programs, but with 140 million Nigerians below the poverty line, the gap between reform and relief remains wide.
Transcorp Hotels shares opened at their highest price in a year on July 16, 2026, then dropped roughly 10% by the close as profit-taking swept across NGX heavyweight stocks.
Nigeria kept its VAT rate at 7.5% this year, but almost every rule around registration, credits, invoicing, and penalties now looks different.
Nestle Nigeria lost 10% of its share value on just one unit traded, raising fresh questions about blue-chip liquidity on the exchange.
Airtel Africa closed at a record N6,266 on July 15, but the price moved on just one trade while the broader NGX slipped into the red.
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