NGX gains N410bn as buying interest strengthens
Equity trading on the Nigerian Exchange Limited rebounded on Tuesday, as renewed buying interest in industrial, consumer goods, and select banking stocks pushed the main indicators back into positive territory. The All-Share Index gained 632.79 points or 0.26 per cent... Read More →
Inflation to decline to 15.6% in 2026 – Report
Nigeria’s annual-average inflation is projected to decline significantly to 15.6 per cent in 2026 before easing further to 14.7 per cent in 2027, according to the latest economic assessment by the International Monetary Fund. This expected slowdown marks a noticeable... Read More →
NewGold Issuer reports $2.55m profit
NewGold Issuer Limited Pty Ltd has published its quarterly unaudited financial statements for the period ended 30 September 2026, delivering a total comprehensive income of $2.55m (N3.83bn or ZAR 42.27m). The financial disclosure, submitted to the Nigerian Exchange Group on... Read More →
Stablecoins could expand diaspora access to Dangote Refinery IPO, says Graph Finance CEO
Stablecoins are creating new channels for diaspora investors to participate in Nigerian investment opportunities, including the Dangote Refinery initial public offering (IPO), according to Abdul Akubo, Founder and Chief Executive Officer of Graph Finance. Akubo said stablecoins are evolving beyond... Read More →
SpaceX revenue jumps 161% to $14.58 billion as Q3 2026 profit beats estimates
SpaceX reported a 161% year-on-year increase in third-quarter revenue to $14.58 billion on Tuesday, up from $5.58 billion in the same period of 2025, beating analysts’ estimates as growth in its artificial intelligence (AI) business and Starlink satellite internet unit... Read More →
LASACO returns to profit with N1.60 billion pre-tax earnings in 9M 2026
LASACO Assurance Plc has returned to profit, reporting Group pre-tax earnings of N1.60 billion for the nine months ended September 30, 2026, compared with a N4.72 billion loss in the corresponding period of 2025. Its unaudited consolidated financial statements show... Read More →
SEC targets 10-fold growth in investment funds
Nigeria has unveiled a 10-year capital market roadmap aimed at mobilising domestic and foreign investment, expanding private-sector access to financing and supporting its ambition to build a $1tn economy by 2030. The Nigeria Capital Market Masterplan 2.0, covering 2026 to... Read More →
NGX loses N1.47 trillion in single day as Dangote Cement, banking stocks slide
Bearish sentiments dominated trading on the Nigerian Exchange Limited (NGX) on Monday, October 19, 2026, as market capitalisation plummeted by N1.47 trillion (0.91%) to close at N159.26 trillion, down from N160.73 trillion recorded at the close of trading on Friday.... Read More →
Nigeria targets N750 trillion capital market as Shettima unveils 10-year roadmap
Nigeria has unveiled a 10-year capital market development roadmap targeting N750 trillion in market capitalisation by 2036, while Finance Minister Taiwo Oyedele has proposed a more ambitious $1 trillion target within the same period. Vice President Kashim Shettima unveiled the... Read More →
Taiwo Oyedele pushes for NNPCL, NLNG listing to boost transparency, wealth creation
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has maintained that key government assets, such as the Nigerian National Petroleum Company Limited (NNPC Ltd) and Nigeria LNG Limited (NLNG), must be listed to boost transparency and... Read More →









