
Nigeria’s top firms post ₦3trn profit but are owed more
Nigeria’s 18 biggest listed companies earned ₦3.02 trillion in H1 2026, yet their customers still owe them ₦4.83 trillion in unpaid invoices that have yet to convert to cash.
Hillary Remy is a finance and technology writer at FinanceTracked covering the intersection of stock markets, personal finance, crypto, Web3, and iGaming. His work spans Nigerian and international equity analysis, daily NGX market coverage, and reporting on how digital assets, emerging online markets, and new financial technologies are reshaping wealth creation and modern consumer behavior.
Hillary brings a versatile editorial approach to his coverage, whether he is analyzing stock movements on the NGX, breaking down cryptocurrency market trends, or examining how iGaming platforms are creating new economic opportunities. He has a particular interest in the way emerging technologies influence investor behavior and consumer decision-making across both traditional and digital markets.
At FinanceTracked, Hillary contributes reporting and analysis that helps readers navigate a rapidly evolving financial landscape. His work is grounded in making complex developments across equities, digital assets, and online markets clear and actionable for a broad audience.

Nigeria’s 18 biggest listed companies earned ₦3.02 trillion in H1 2026, yet their customers still owe them ₦4.83 trillion in unpaid invoices that have yet to convert to cash.

Uber ends 12 years in Nigeria as the ride-hailing giant cuts 3,300 jobs and shrinks its African presence to just four countries.

CNG investment in Nigeria has crossed $2 billion and converted 120,000 vehicles, but the real test of whether cheaper fuel means cheaper fares starts now.

Paystack has absorbed a Nigerian card-issuing startup it bought in 2025, its third acquisition in 18 months.

OPay is reportedly preparing to list shares on the Nigerian Exchange, a move that could deliver the first technology IPO since the bourse’s Tech Board launched in 2022.

Moniepoint pulled MonieWorld from the UK remittance market after roughly 16 months, and the retreat carries uncomfortable implications for every African fintech eyeing international expansion.

The NESG projects external reserves will reach $53 billion by December 2026, but 15.5% inflation and a shrinking factory sector could test the momentum.

Conoil fell to ₦189 per share as the Nigerian Exchange posted its eighth straight session of losses, erasing trillions in market value.

UBA approved its H1 2026 audited financials on August 13, but the numbers remain sealed until the Central Bank of Nigeria clears them for release.

Nigeria’s government is calling on banks and fintechs to redesign lending models and capture an unclaimed women’s finance gap worth billions annually.

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.

Ecobank shareholders approved a governance overhaul on August 13, 2026, reshaping board size, quorum thresholds, and director tenure rules across the pan-African lender.