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…
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…
The Federal Airports Authority of Nigeria (FAAN) has ordered a transport company accused of unlawfully clamping vehicles and extorting drivers at the Abuja airport to immediately vacate the premises. The directive followed complaints alleging that the operator improperly enforced no-parking…
The Dangote Petroleum Refinery and Petrochemicals has expanded its free fuel delivery initiative to include Kano, Imo, Anambra, and Nasarawa states. Initially covering Lagos, Ogun, Rivers, Kaduna, Abuja, and Delta, the program is designed to lower distribution costs for independent…
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…
Financial intelligence disclosures show that tax crimes and fraud led the nation’s illicit financial activities throughout 2025. The latest annual report from the Nigerian Financial Intelligence Unit (NFIU) highlights how financial fraud, tax evasion, and digital scams accounted for the…
The Nigerian equities market experienced a sharp reversal after hitting record highs earlier in August 2026. A broad-based NGX sell off wipes N5.9 trillion from aggregate market capitalization across consecutive trading sessions, driven by heavy profit-taking among major institutional investors.…
The Securities and Exchange Commission (SEC) has proposed a minimum capital requirement of up to ₦2 billion alongside a ₦30 million registration fee for Nigerian digital asset or crypto operators. These proposals form part of the SEC’s draft rules governing…
As the English Premier League season kicks off, thousands of DStv GOtv subscribers face activation delays across Nigeria. Pay-TV customers attempting to renew their accounts faced payment processing glitches, delayed error code clearing, and slow signal restoration right before match…
Kenya, Ethiopia and Rwanda have expressed interest in joining the multibillion-dollar refinery project after the Dangote Group offered East African countries a combined 30% stake in its proposed refinery in Kenya. Kenyan President William Ruto’s economic adviser, David Ndii, disclosed…
In a dramatic shift of fortune across West African financial markets, the Femi Otedola net worth surge has brought the Nigerian industrialist within striking distance of the $2 billion mark. His total net worth reached an estimated $1.8 billion following…
Lagos State is making its boldest move yet to overhaul its public transportation grid. Under the Bus Industry Transition Programme (BITP), government officials signed a landmark agreement with transport unions to phase out the iconic yellow Danfo buses. The initiative…
