Topic
Nigeria
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.
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.
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.
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.
J.P. Morgan Merchant Bank in Nigeria Moves Closer After N50bn CBN Deposit
J.P. Morgan's merchant bank in Nigeria is a step closer: the US lender has deposited N50bn with the CBN, meeting the licence capital floor. What it could do.
Kano cuts 2026 budget by N276 billion, cites FAAC revenue shortfall
Kano State has cut its 2026 budget by about N276 billion after FAAC receipts fell short. Here is what the numbers show, what happens to capital projects, and what to check in the revised budget.
NGX Loses N1.47 Trillion in a Day as Dangote Cement Falls 5.5% and Banks Slip
The NGX All-Share Index fell 0.91% on 19 October, wiping N1.47 trillion off market value as Dangote Cement dropped 5.5% and bank stocks saw profit-taking.
Nigeria capital market targets N750 trillion by 2036: the maths and the risks
The Nigeria capital market master plan aims to triple the market to N750 trillion by 2036. Here is the maths, what it means for investors and the main risks.
Nigeria FX Turnover Falls 22% to $2.62bn as Forward Deals Drop 81%
Nigeria FX turnover fell 22.23% to $2.62bn in the week to 16 October as forwards dropped 81%. The naira held near N1,333/$ after a $430.6m CBN sale.