Aradel Holdings, Seplat Energy and Oando Build N2.86 Trillion Cash War Chest in H1 2026
Aradel Holdings, Seplat Energy and Oando Plc ended the first half of 2026 with a combined N2.86 trillion in cash...
Month: September 2026
PTAD Disburses N18.96 Billion to Settle BEC Arrears for 3,958 Former PHCN Pensioners
The Pension Transitional Arrangement Directorate (PTAD) has disbursed a total of N18.96 billion to settle outstanding Back-End Computation (BEC) arrears...
Nigeria’s FX Reserves Rise $12.76 Billion to $54.61 Billion in One Year
Nigeria’s gross foreign exchange reserves rose by $12.76 billion year-on-year to $54.61 billion as of September 14, 2026, strengthening...
Nigeria’s FX Reserves Cross $54 Billion, but Quality of Inflows Becomes Key Question
Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, strengthening the country’s external position and giving the...
Nigeria’s Energy Inflation Rises to 4.69% in August Despite Continued Headline Disinflation
Nigeria’s energy inflation rate rose to 4.69% in August 2026, up from 4.40% in July, reversing the decline recorded...
FG Commissions 3.3MW Solar Mini-Grid at Yakubu Gowon University
The Federal Government has commissioned a 3.3MWp solar hybrid mini-grid with 2MWh battery storage at Yakubu Gowon University, formerly...
Nigeria Is Diverse, But Not Yet Diversified
Nigeria’s economy is already broad, and its export profile is changing. But being diverse is not the same as...
For Nigeria’s Small Investors, Dangote Refinery IPO Makes the Stock Market Personal
Tunde Ayinde drives a commercial bus between Ojota and CMS every day, and on the morning the newspapers announced...
Nigeria’s Headline Inflation Eases to 15.39% in August as Annual Price Pressure Continues to Moderate
Nigeria’s headline inflation rate eased marginally to 15.39% in August 2026, from 15.43% in July, according to the latest...
Nigeria Records N797.5 Billion Trade Surplus With US in June as Urea Exports Surge
Nigeria’s trade balance with the United States swung sharply into a N797.50 billion surplus in June 2026, marking the...
