Business Daily NG: Breaking Business News Everyday https://validator.w3.org/feed/docs/rss2.html NGX extends losing streak as market capitalisation falls by N544.5 billion Home Why Corporate Nigeria Can No Longer Overlook Group Life Insurance Nigeria’s energy inflation falls to 4.37% in July, lowest in four months eTranzact grows H1 2026 revenue by 22.6% to N16.28 billion as rising costs pressure profit FG urges banks, payment operators to unlock Nigeria’s $14.8bn annual gender financing opportunity Trump declares ‘economic warfare’ against Iran, warns countries and businesses supporting Tehran Nigeria’s additional debt-service costs hit N10.61tn, 64% above strategic infrastructure spending Lagos requires N6tn annually to bridge housing capital gap as deficit hits 3.4m units Seplat Market Value Hits $5.24 Billion as Heirs Holdings’ Stake Crosses $1 Billion NGX extends losing streak to 8 sessions as market sheds N440bn, cumulative losses hit N5.4tn FMDQ Exchange records N426.51 trillion turnover in seven months of 2026 NGX becomes global stock market standout as Mr Eazi plans to “go big” on Nigerian equities EFCC recovers 2.3 million litres of diesel worth N4.49 billion from Ibafon Oil and Gas May & Baker warns public against fraudulent ‘M&B Equity Stake’ investment scheme Coronation Insurance Advocates for Occupiers Liability Insurance for Nigerian Properties NAFEM turnover rises to $1.41 billion, highest in five weeks Standard Bank in talks to acquire stake in OPay ahead of planned US IPO Dangote Refinery secures $400 million underwriting commitment ahead of planned IPO Dangote Refinery secures $1 billion underwriting programme ahead of planned IPO FCCPC investigation finds possible cement price manipulation in Nigeria Uber Technologies Inc. has been fined €825 million ($966 million) by the Dutch Data Protection Authority for allegedly using automated systems to suspend and deactivate drivers’ accounts without adequately informing them or providing sufficient safeguards around automated decision-making. Nigeria targets sugar self-sufficiency with $1 billion pipeline, N10 billion fund Nigeria’s headline inflation falls to 15.43% in July 2026 FAAN Removes Company Over Alleged N25,000 Parking Fines at Abuja Airport Nigeria’s net FX flow rises 38% year-on-year to $4.94 billion in March The Evolution of Motor Insurance: Electric Vehicles (EVs) and Usage-Based Models EFCC urged to investigate alleged $300 million fraud claim in River Park Estate dispute NGX extends losing streak as market cap falls by N106 billion EFCC facilitates recovery of $60 million from Nestoil over outstanding debt Gold price in Nigeria rises to N220,000 per gram as traders await US inflation data CBN FX sales hit $953.41 million in March, highest monthly level since April 2025 CBN OMO auction attracts N4.93 trillion subscriptions against N600 billion offer CBN raises 364-day Treasury Bill stop rate to 17.59% despite N4.2 trillion demand Naira strengthens to N1,360.15/$, hits strongest level since June NGX loses N1.76 trillion as consumer stocks lead second straight session of losses SEC sets 5:00 p.m. T+1 deadline for equities, commodities settlement NGX market capitalisation crosses N160 trillion as Airtel Africa leads 1.20% rally Nigeria’s FX market turnover surges 117% to $3.73 billion in week ended August 7 NGX extends losing streak as market cap falls by N613 billion Five applicants account for over half of IEI’s N25.84 billion public offer Botswana pula leads African currencies as naira ranks 8th in July 2026 Nigeria Revives Long-Delayed Plan to List NNPC on the Stock Exchange Rising Domestic Borrowing Pushes Up Nigeria’s Debt Servicing Costs Nigerian Listed Firms Earn N179.5bn from Treasury Bills, Bank Placements in H1 2026 NGX Urges FG to List Indorama, NLNG Stakes to Expand Nigerian Ownership Naira Holds Below N1,580/€ as CBN Reforms Support Forex Market Stability N10 million invested in four top SWOOT stocks could have grown to N26.15 million African startup funding falls to $102.2m in July as capital concentrates among top 10 companies