Cross-border law enforcement collaboration reached a major milestone this week as Nigerian authorities handed over two suspects to American federal agents. On Wednesday, August 26, 2026, the EFCC extradites two Nigerians to US law enforcement to stand trial for alleged…
The local stock exchange closed the week on a strong high note as buyers poured back into domestic equities. Fresh market optimism triggered a widespread surge across banking, energy, and commodity shares. Consequently, the ongoing Nigerian equities rally FTSE Russell…
The Federal Airports Authority of Nigeria (FAAN) has authorized e-hailing giant Bolt to immediately resume pickup operations across all federally managed airports nationwide. The decision brings relief to thousands of air travelers who faced commuting friction and elevated airport transportation…
The Nigerian stock market extended its bearish streak post-holiday as investors continued to lock in profits, driving equity values downward across key sectors. The ongoing correction reflects strategic portfolio adjustments following an extended rally earlier in the month. Trading activity…
Nigeria’s gross foreign exchange reserves have surged past $53 billion for the first time in over 17 years, signaling a major boost to the nation’s external financial stability. This steady accumulation provides monetary authorities with stronger buffers to absorb global…
President Bola Tinubu has challenged the leadership of Nigeria Liquefied Natural Gas (NLNG) Limited to eliminate domestic gas flaring and turn wasted energy resources into direct economic benefits for local households and businesses. Speaking during an audience with the NLNG…
Security challenges across Nigeria have taken a heavy financial toll on everyday households as abduction incidents spike across multiple regions. The growing frequency of mass abductions and highway ambushes has forced families to exhaust lifetime savings and sell personal assets…
The Federal Government has openly held the private concessionaire accountable for the deteriorating state of the Benin-Asaba Expressway, signaling a major policy review of how public-private road projects are awarded and managed across the nation. During an inspection of the…
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), returned to the primary market to auction N700 billion in Nigerian Treasury Bills (NTB). This issuance represents a key move in the central bank’s liquidity…
Energy policy remains one of the most sensitive economic issues in modern Nigeria. As household budgets continue to feel the weight of elevated fuel prices and high transportation costs, political leaders are clashing over the best framework to bring relief…
Rising retail fuel price swings across Nigeria have accelerated a major energy transition on the nation’s roads. As pump prices remain volatile following crude oil fluctuations and depot supply adjustments, commercial transporters and private vehicle owners are turning to Compressed…
Navigating the Nigerian capital market requires a mix of patience and sharp timing. After experiencing a brief pullback in June, Nigeria’s equity mutual fund segment staged a notable comeback by the end of July 2026. Net Asset Value (NAV) across…
Nigeria’s pension industry has achieved steady expansion, yet structural coverage gaps persist. Recent regulatory data shows that the National Pension Commission (PenCom) registered 143,248 new Retirement Savings Accounts (RSAs) over the first half of 2026. This brings total registered contributors…
A distinct shift has transformed the Nigerian Exchange (NGX). International capital long considered the primary engine for emerging and frontier market liquidity has largely stepped aside during one of the most explosive equity surges in recent memory. Overseas funds account…
Investing in Nigerian equities requires navigating a fast-moving environment. Over the past year, macroeconomic shifts, regulatory bank recapitalization exercises, and persistent inflation have made stock picking both lucrative and challenging. For many investors, equity mutual funds have served as a…