Tracking African financial markets, commodity flows, and investment signals — every week.

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Central Bank of Nigeria headquarters exterior, representing the CBN's 350-basis-point reset of the Monetary Policy Rate to 23%.
Macro & Economy

CBN says MPR reset due to disconnect with market rates

The CBN reset its MPR from 26.5% to 23%, its biggest cut since 2006, to close a gap with actual market lending rates.

6 min read

A trader studies a rising stock chart on a screen inside a Nigerian financial trading floor, with a soft downward-easing interest rate graph overlaid in the background.
Investment Signals

CBN 350bps MPR cut to drive equities demand as investors rotate from fixed income

The CBN's record 350bps rate cut to 23% is set to push investors from fixed income into equities — here's what's driving the shift and what to watch.

6 min read

NGX trading floor with stock charts showing an upward trend, representing Nigeria's stock market hitting a record N162.68 trillion market cap.
Exchange indeces

Bank stocks fuel NGX surge as market cap hits N162.68 trillion

Bank stocks drove the NGX to a record N162.68 trillion, as Nigeria's frontier market return fueled foreign investor interest.

6 min read

A fuel tanker truck is parked at a Nigerian import terminal at dusk, with refinery storage tanks visible in the background and a subtle upward supply-chart overlay in the sky.
Commodities

NMDPRA approves fresh petrol import permits despite rising Dangote output

: NMDPRA has approved 830,000 tonnes of Q4 petrol imports even as Dangote Refinery fights to void such permits in court — here's what's at stake.

6 min read

Lagos financial district skyline at dusk, representing Access Bank's redemption of its $500 million Eurobond from internal liquidity.
African Equities

Dangote Refinery shares could hit N1,500 in months, say analysts

Access Bank redeemed its $500 million Eurobond at maturity from internal liquidity, without refinancing — a signal of balance sheet strength.

5 min read

Photorealistic premium editorial photograph for MarketPulse Africa. Wide landscape composition inside a modern exhibition hall at a major construction trade fair in Lagos. In the m
African Equities

Julius Berger, subsidiaries display broad range of construction solutions at Big 5 Expo

Julius Berger Nigeria Plc and its subsidiaries are showcasing aluminium, glass, precast concrete, design engineering and facility management solutions at the Big 5 Construct Nigeria Expo in Lagos.

6 min read

Professional editorial image of the Central Bank of Nigeria building in Abuja with a restrained upward financial chart element in green, MarketPulse Africa logo top-left, Midnight
Macro & Economy

CBN slashes rate in record cut as benchmark catches up with market

Nigeria’s central bank surprised markets with a 350-basis-point rate cut to 23%, framing the move as a recalibration to restore policy transmission after the benchmark had drifted above actual money-market rates.

14 min read

Balance scale graphic symbolizing Nigeria's Monetary Policy Committee weighing cooling inflation against rising global oil prices.
Macro & Economy

MPC faces interest rate dilemma as oil jumps, inflation cools

Nigeria's MPC faces a tough call: cut rates on cooling inflation, or hold amid a renewed global oil price shock.

7 min read

Nigerian naira and US dollar banknotes with an upward trend graphic, representing Nigeria's 20.5% rise in FX supply to $8.94 billion in 2025.
Macro & Economy

CBN: Nigeria’s FX supply rises 20.5% to $8.94 billion in 2025

Nigeria's FX supply climbed 20.5% to $8.94 billion in 2025, CBN data show, though demand for dollars rose even faster.

6 min read

Large-scale fertiliser production complex in Nigeria with processing towers and storage silos, representing Dangote Fertiliser's 2028 IPO plans.
African Equities

Dangote sets 2028 IPO for fertiliser business, targets world’s largest status

Dangote Fertiliser will IPO in 2028, targeting status as the world's largest producer after a 12-million-tonne urea expansion.

6 min read

AMD Hits $1 Trillion Market Cap: What It Means for Africa
Investment Signals

AMD crosses $1 trillion market cap as AI rally lifts shares

AMD joined the $1 trillion club as AI chip demand surged — a milestone with real implications for Africa's growing data center investment.

6 min read

Autonomous battery-electric haul truck operating in an African mining site, illustrating automation and electrification trends in mining technology.
Commodities

Q&A: Sandvik Australia’s Craig Johnston on the technologies reshaping mining

Sandvik's automation and electrification push offers lessons for African mining, where technology adoption already shapes export revenue and jobs.

5 min read