Naira Strengthens Toward N1,300/$ as Dollar Demand Eases and FX Liquidity Improves
The Nigerian naira demonstrated renewed resilience over the past week, trading within the N1,302/$–N1,315/$ range at the official foreign exchange...
Month: September 2026
Six NGX Companies Add 14.44 Billion Shares Worth N37.19 Billion as Insurers Lead Capital Raising
Six companies listed on the Nigerian Exchange (NGX) added a combined 14.44 billion new shares valued at N37.19 billion...
Nigerian Banks Restore Dollar Spending Limits as FX Liquidity Improves
Nigerian banks are gradually expanding customers’ access to dollar-denominated international payments, reversing years of restrictions imposed amid severe...
Liquid Network Pauses Transactions After $320 Million Bitcoin Withdrawal
Liquid Network, a Bitcoin-based payments and settlement network, has reported a major security incident after approximately 4,000 Bitcoin, valued...
Multinational Exits Reshape Nigeria’s Corporate Landscape as Global Companies Scale Back Operations
A wave of multinational exits, divestments and business restructuring has reshaped Nigeria’s corporate landscape since President Bola Tinubu assumed office...
AFC Says Dangote Group’s Investments Critical to Unlocking Africa’s Industrial Potential
The Africa Finance Corporation (AFC) has described the Dangote Group’s sustained investments across Africa as critical to unlocking the continent’s...
Tinubu Says African Credit Rating Agency Must Earn Global Investor Confidence Through Independence and Credibility
President Bola Ahmed Tinubu has said the soon-to-be-launched African Credit Rating Agency (AfCRA) must establish itself as an independent,...
Naira Climbs to N1,322/$ as Rising Dollar Liquidity Strengthens Currency Outlook
The Nigerian naira has recorded a notable appreciation in recent trading sessions, reaching N1,322/$ in the official foreign exchange...
Dangote Refinery IPO Expected to Open Within 10–12 Days
The initial public offering (IPO) of Dangote Refinery, Africa’s largest oil refinery, is expected to open within the next...
CBN Allots N865.71 Billion as Treasury Bills Stop Rate Falls to 16.84%
The Central Bank of Nigeria (CBN) allotted N865.71 billion at its Wednesday, September 2, 2026, Treasury Bills primary market...
