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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.
Nigeria’s president draws a sharp line between refinery activity and refinery profitability as billions in rehabilitation spending face fresh scrutiny.
BUA Foods drops to ₦714 per share as Nascon hits the NGX 10% daily limit and Northern Nigeria Flour Mills falls close behind.
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.
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.
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.
Customs pulled in more revenue in six months than most government agencies collect in a full year, and the agency says it is only getting started.
NPF Microfinance Bank traded 989,978 shares in a single session on the NGX, raising questions about what is driving the unusual volume at these price levels.
Zenith Bank gained ground on the Nigerian Exchange as GTCO and UBA finished in the red, highlighting a split in sentiment across Nigeria’s biggest banking stocks.
