The archive
Analysis
Everything this desk has published, newest first.
Naira Exchange Rate Falls to N1,365/$: Sharpest Daily Drop in 18 Months as FX Demand Stays High
The naira exchange rate fell N28 to N1,365/$ on 22 October, its sharpest daily drop since April 2025. What CBN data shows and what to watch next.
FGN Bond Auction: DMO Sells N1.21 Trillion as Investors Pile Into the 2036 Paper at 17.29%
The October FGN bond auction drew N1.75 trillion in bids and the DMO sold N1.21 trillion. The September 2036 bond took N781 billion at a 17.29% marginal rate.
NGX Late Filing Fines: 15 Companies Pay N123.17 Million as Analysts Ask Whether Penalties Still Work
NGX late filing fines hit N123.17m across 15 companies, led by International Energy Insurance, Caverton and Legend Internet, as analysts push for tougher steps.
Dangote Refinery IPO Enters Final Days: NGX Says the N525 Offer Could Triple or Quintuple Nigeria's Active Investors
The Dangote refinery IPO closes 27 October at N525 a share. NGX's Temi Popoola says it could lift Nigeria's active investors three to five times. Key numbers.
Nigeria Private Sector Credit Falls N537.6bn in September Despite the CBN's Biggest Rate Cut Since 2006
Nigeria's private sector credit fell N537.6bn to N83.93trn in September, even after the CBN's 350bp rate cut. What is holding back bank lending in Nigeria.
Kenya Pipeline Company: Dangote Buys 25% Stake for $327 Million in NSE Block Trade
Aliko Dangote has bought 25% of Kenya Pipeline Company for about $327m in an NSE block trade, months after KPC's IPO. The price, the asset and the risks.
Guinness Nigeria Profit Rises 55% to N61.65bn in 9M 2026 as Finance Costs Fall; N7 Interim Dividend Declared
Guinness Nigeria profit before tax rose 55% to N61.65bn in 9M 2026 as finance costs fell 62%. The brewer declared a N7 interim dividend, payable 13 November.
Nigeria 10-Year Bond Yield Climbs to 17.05% as US, Kenya and South Africa Yields Fall
The Nigeria 10-year bond yield rose 46 bps to 17.05% while US, Kenyan and South African yields fell. Here is what the October FGN bond auction tells investors.
Ghana Raw Mineral Export Ban by 2030: What Mahama's Plan Means for Manganese, Bauxite and Lithium
Ghana's raw mineral export ban is set for 2030. What Mahama announced, which minerals are covered, what miners must build, and how markets may react.
Nigeria Money Supply Jumps N7.5 Trillion in September to N146.6 Trillion
Nigeria money supply rose 5.4% in September to N146.6 trillion after a flat August, CBN data show. What drove the jump and what it could mean for inflation.
Ghana Cedi Steadies at GH¢11.61 After Losing 10% of Its Value in 2026
The Ghana cedi firmed to GH¢11.61 per dollar on the Bank of Ghana interbank market, but it is still about 10% weaker than at the start of 2026. Here is why.
Nigeria’s mutual fund assets near N10 trillion as money market funds dominate
Nigeria's mutual fund assets are close to N10 trillion, and money market funds hold about two-thirds of them. Here is how the industry has grown, why the largest funds matter, and what to watch.