July 2026

Dangote resumes naira petrol sales, hikes price by N140 The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit, popularly called petrol, in naira, ending its brief dollar-denominated pricing regime, while increasing its ex-depot price by N140 per... Read More →

Prioritise governance over account openings, CBN tells banks The Central Bank of Nigeria has urged financial institutions to shift their focus from mere account- opening metrics to delivering measurable customer outcomes, warning that financial inclusion without strong corporate governance risks... Read More →

Inflows, FX reforms lift external reserves 58% under Cardoso Nigeria’s external reserves have risen by 58 per cent since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria  in September 2023, driven by stronger export earnings, increased ... Read More →

Businesses, economists back CBN’s 26.5% interest rate decision The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, the benchmark interest rate, at 26.5 per cent for the second consecutive meeting, citing renewed... Read More →

Unilever declares N11bn dividend on N119bn H1 revenue Unilever Nigeria Plc has announced a 22 per cent growth in revenue for the first half of 2026, reaching N119.9bn. In a financial statement released to the Nigerian Exchange on Tuesday, the... Read More →

NGX gains N307bn as market capitalisation rises to N159tn The Nigerian Exchange sustained its upward momentum on Tuesday as investors added N307bn to market capitalisation, driven by renewed buying interest in medium-cap stocks that easily outweighed profit-taking in selected equities.... Read More →

Zenith Bank’s liquidity ratio climbs 70.97% Zenith Bank Plc has significantly boosted its liquidity position over the past decade, with its liquidity ratio climbing 70.97 per cent from 47.70 per cent, reflecting a stronger capacity to meet short-term obligations and... Read More →

Industrial sector drags NGX down 0.14% The Nigerian Exchange Limited experienced a wave of mixed sentiments during the trading week ended 17 July 2026. A sharp decline in the industrial sector effectively offset strong gains in banking equities, reflecting a... Read More →

Federal Government, LASG Bonds Listing on NGX Jump to N6.93trn The federal government and Lagos State government bonds listings on the Nigerian Exchange Limited (NGX) increased to N6.93 trillion between January and July 16, 2026 amid playing a critical role... Read More →

Oyedele: Tinubu Hasn’t Borrowed Up to N80trn, Blames Debt Rise on FX, Legacy Liabilities •    Says FG generated N21.6trn tax revenue in six months, external reserves hit 17-year high •    Senators raise concerns over rising debt, poor budget implementation despite... Read More →