Five Nigerian listed companies generated a combined profit after tax of more than N1.4 trillion in the first half of 2026, but beyond the sheer size...
For years, Nigeria’s foreign exchange market struggled with more than just dollar shortages. It was weighed down by fragmented exchange rate windows, opaque pricing, speculative activity...
Electronic payment solutions provider eTranzact International Plc has projected a return to stronger earnings in the third quarter of 2026, forecasting a profit after tax of...
SUNU Assurances Nigeria Plc paid significantly higher insurance claims in the first half of 2026 as growing underwriting obligations weighed on profitability, even as the insurer...
Nigeria’s foreign capital inflows almost doubled in 2025 as ongoing foreign exchange market reforms and attractive domestic investment yields restored investor confidence, with total capital importation...
United Capital Plc delivered a strong financial performance in the first half of 2026, posting a 77 per cent increase in profit after tax on the...
Linkage Assurance Plc has completed its N16.2 billion Rights Issue, raising fresh capital to strengthen its balance sheet and meet the National Insurance Commission’s (NAICOM) revised...
FCMB Group Plc has reported a 99 per cent increase in profit before tax (PBT) for the first half of 2026, posting earnings of N157.3 billion...
Investors traded shares worth N306.14 billion on the Nigerian Exchange (NGX) last week, as sustained buying interest pushed the market capitalisation closer to the N160 trillion...
President Bola Tinubu has signed an Executive Order establishing a coordinated regulatory framework for cryptocurrencies and other virtual assets. The Order is bringing the Central Bank...
The Central Bank of Nigeria (CBN) has launched a new tracking system for bureau de change operators, called the BDC FX Tracker. Alongside it, the CBN...
Nigeria’s headline inflation rate eased marginally to 15.91 per cent in June 2026 from 15.93 per cent in May, extending the country’s disinflation trend but highlighting...
As Early-Stage Investment Hits Five-Year Low African start-ups raised $1.36 billion in disclosed funding during the first half of 2026, maintaining a relatively stable performance despite...
The Nigerian stock market staged a sharp rebound last week, handing investors a gain of N9.342 trillion just seven days after a selloff had wiped over...
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) and private sector experts have raised fresh concerns that political spending ahead of the 2027...
Nigeria could record stronger oil revenues in 2026 as higher crude prices driven by the conflict in the Middle East improve earnings for oil-exporting countries, but...
Turkish Airlines has been knocked out of Africa’s top 10 airlines by seat capacity, replaced by a Nigerian carrier whose growth rate more than doubled that...
Nigeria has posted the fastest airline capacity growth of any major African market, with seat numbers climbing 44.5 per cent year-on-year to overtake more established rivals...
President Bola Tinubu has taken the first formal step towards implementing state police in Nigeria by inaugurating a Presidential Working Group to draft the National Policing...
The Nigerian stock market extended its bullish run on Tuesday, adding N1.86 trillion in market value as renewed investor appetite for heavyweight stocks, led by MTN...
