AMD Briefly Crosses $1 Trillion Market Cap as AI Demand Fuels Record Rally
Advanced Micro Devices (AMD) briefly crossed the $1 trillion market capitalisation mark for the first time on Monday, as...
Month: September 2026
Dangote Targets World’s Largest Fertiliser Business, Plans 2028 IPO
Dangote Industries Limited President and Chief Executive Officer, Aliko Dangote, has said his fertiliser business is targeting a position...
Over 67% of Nigerians Surveyed Want Fuel Subsidy Restored — SBM Intelligence
More than 67% of Nigerians surveyed support the reinstatement of the petrol subsidy, reflecting growing public dissatisfaction with the...
Dangote Refinery IPO Triggers Surge in Retail Demand as Bamboo and Cowrywise Face Platform Disruptions
When the Dangote Petroleum Refinery IPO went live on the Nigerian Exchange on Monday, September 14, excitement among retail...
IMF Says FX Market Shocks Alone Do Not Automatically Justify Central Bank Intervention
The International Monetary Fund (IMF) has cautioned that evidence of financial shocks in foreign exchange markets does not, on its...
NGX Market Capitalisation Rises N1.18 Trillion as Bullish Run Extends to Five Sessions
The Nigerian Exchange (NGX) sustained its bullish momentum on Thursday, September 17, 2026, as investors gained approximately N1.18 trillion...
Nigeria’s Current Account Surplus Jumps 67.9% to $7.54 Billion in Q2 2026
Nigeria’s current account surplus rose by 67.9% to $7.54 billion in the second quarter of 2026, from $4.49 billion...
J.P. Morgan Adds Nigeria to New Emerging-Market Bond Index With 7.4% Weight
J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge (GBI-EM Edge), assigning Nigerian local-currency...
Dangote Refinery IPO Sparks Digital Race as Platforms Target Millions of Retail Investors
The Dangote Petroleum Refinery and Petrochemicals initial public offering (IPO) has triggered an unprecedented digital race among Nigerian banks, stockbrokers,...
Nigeria Attracts $6.03 Billion in Portfolio Investment as Financial Liabilities Rise in Q1 2026
Nigeria’s financial account recorded $6.03 billion in portfolio investment inflows in the first quarter of 2026, making portfolio investment the...
