NGX Market Capitalisation Hits Record N163 Trillion as ASI Rises 0.23%
The market capitalisation of the Nigerian Exchange Limited (NGX) reached a record N163 trillion on Wednesday, September 23, 2026,...
Month: September 2026
EFCC Recovers N1.23tn, Secures 10,872 Convictions in 34 Months Under Olukoyede
The Economic and Financial Crimes Commission (EFCC) recovered N1.23 trillion and secured 10,872 convictions during the first 34 months...
CBN Slashes MPR by 350bps to 23% as MPC Signals Major Shift in Monetary Policy
The Central Bank of Nigeria (CBN) has cut its Monetary Policy Rate (MPR) by 350 basis points to 23% from...
Dangote Rejects Monopoly Claims as Refinery IPO Opens to Nigerian Investors
Aliko Dangote, Chairman of Dangote Group, has dismissed accusations that he is running a monopoly in Nigeria’s oil-refining sector,...
Dangote Signs $450 Million Deal for 700,000-Bpd Kenya Refinery Project
Dangote Group has signed a contract worth more than $450 million with Engineers India Limited (EIL) for the development...
Credit to Government Falls to N32.7 Trillion as Private Sector Lending Rises
Credit to the Nigerian government fell for the third consecutive month in August 2026, declining to N32.70 trillion as...
Nigeria’s Refined Petroleum Exports Surge 66.2% as Current Account Surplus Hits $7.54 Billion
Nigeria’s refined petroleum product exports surged by 66.24% quarter-on-quarter to $3.94 billion in Q2 2026, providing a major boost to...
Coronation Life Assurance Advocates for Early Education Planning
At Coronation Life Assurance, we believe planning for your child’s education goes beyond preparing for the next school bill. It...
Nigeria’s FX Supply Rises 20.5% to $8.94 Billion in 2025
Nigeria’s foreign exchange supply rose by 20.5% to $8.94 billion in 2025, from $7.43 billion recorded in 2024, pointing...
Naira Outlook Turns Marginally Bearish as Dollar Strength and Fuel Costs Weigh on Currency
The naira’s near-term outlook has turned marginally bearish, as expectations of a cautious monetary-policy stance, a stronger US dollar...
