Nigerian Exchange

Nigeria Naira exchange rate and liquidity dynamics

41 clusters · 59 sources · last updated 1 day ago

Latest: Nigeria budget deficits drive currency depreciation and credit constraints

By late October 2026, the Nigerian naira continued to exhibit volatility against the US dollar. On October 13, the currency weakened to ₦1,335.50 per dollar, its weakest level since August, due to rising demand for inter

Ghanaian economic performance and market trends

17 clusters · 38 sources · last updated 1 day ago

Latest: Ghana Stock Exchange index rises 63% year-to-date

Ghanaian economic indicators show signs of growth and recovery, though recent data suggests volatility and deceleration. On the Ghana Stock Exchange (GSE), the composite index has experienced significant fluctuations. Wh

Dangote Group refinery expansion and IPO developments

74 clusters · 305 sources · last updated 1 day ago

Latest: Dangote Industries launches US$2.5 billion fuel project in Namibia

Since commissioning, Dangote Petroleum Refinery has reshaped Nigeria’s energy landscape, supplying approximately 80% of domestic petrol demand. The company is advancing a massive capital raise to support its ‘Vision 2030

Nigeria market volatility: business confidence and NGX swing

36 clusters · 79 sources · last updated 3 days ago

Latest: Nigerian Exchange Index rises as Transcorp Power and banks drive rally

Following the bearish downturn in early October, the Nigerian Exchange (NGX) showed brief signs of recovery around October 9, with the All-Share Index (ASI) gaining 0.13 percent to close at 248,363.55 points, adding N209

Ghana-Nigeria Treasury bill and OMO liquidity demand

35 clusters · 60 sources · last updated 3 days ago

Latest: Ghana Treasury bill auctions see 4% oversubscription in October

By late October 2026, liquidity and debt market dynamics in Nigeria and Ghana continued to evolve through central bank interventions and shifting investor appetites. In Nigeria, the Central Bank of Nigeria (CBN) has util

Nigeria pursues trillion-dollar economy amid cost-of-living

13 clusters · 52 sources · last updated 4 days ago

Latest: Nigeria unveils National Economic Doctrine to ensure policy stability

Nigeria is advancing strategic frameworks to achieve a $1 trillion economy by 2030, focusing on infrastructure, human capital, and increased production. While macroeconomic indicators show positive trends, a disconnect p

Access Holdings financial performance and regulatory focus

2 clusters · 6 sources · last updated 4 days ago

Latest: Access Holdings and Linkage Assurance report profit growth in Nigeria

Access Holdings has reported strong financial growth, with profit after tax for the 2025 financial year reaching ₦743 billion, a 15.7% increase. For the nine month period ending September 2026, the group reported a pre-t

Dangote Group industrial and financial expansion

4 clusters · 13 sources · last updated 4 days ago

Latest: Dangote Group explores industrial investment expansion into Egypt

Aliko Dangote, chairman of the Dangote Group, has announced plans to invest between $10 billion and $15 billion in Egypt. Following discussions with Egyptian President Abdel Fattah El-Sisi, the group is exploring opportu

FirstHoldco financial performance and share divestment

3 clusters · 5 sources · last updated 5 days ago

Latest: FirstHoldCo shares decline amid large-scale divestment

FirstHoldco Plc reported significant growth in its nine-month financial results ending September 30, 2026. The group saw a 60.8% increase in profit before tax, reaching N911.24 billion, and a 65.1% rise in profit after t

Critical minerals investment in Africa

4 clusters · 10 sources · last updated 6 days ago

Latest: United States funds rare earth project in Madagascar

Investment activity in the African critical minerals sector continues to evolve through private market movements and expanded international development finance. On the Nigerian Exchange, Critical Minerals Financing Corpo

Zenith Bank financial performance and expansion

4 clusters · 12 sources · last updated 6 days ago

Latest: Zenith Bank reports N928.8 billion pre-tax profit for nine months

Zenith Bank Plc reported a 1.91% increase in pre-tax profit for the first half of 2026, reaching N637.6 billion. This growth was attributed to a significant reduction in impairment charges, which fell to N141.1 billion f

Monetary policy and lending rate shifts in Nigeria

9 clusters · 48 sources · last updated 11 days ago

Latest: Nigeria banking sector faces scrutiny over recapitalisation and international earnings

In Nigeria, banking lending rates have begun to decline following a reduction in the Monetary Policy Rate (MPR). In August 2026, the average maximum lending rate dropped to 29.19 percent from 33.16 percent in July, follo

Nigeria Rural Electrification and Power Sector Challenges

16 clusters · 39 sources · last updated 14 days ago

Latest: Nigerian electricity DisCos remit N385.44bn in Q2 2026

In late July 2026, Nigeria’s Rural Electrification Agency (REA) deepened its multi‑partner drive to bring power and digital services to underserved areas. Following a renewed AI-analytics partnership with VIDA place GmbH

Transcorp Hotels financial performance

2 clusters · 6 sources · last updated 17 days ago

Latest: Transcorp Hotels reports 4.8% profit rise to N15.54bn

Transcorp Hotels Plc reported a 4.85 percent increase in profit after tax for the nine months ending September 2026, totaling N15.54 billion compared to N14.82 billion in the previous year. This growth occurred despite a

Leadership awards for Abdul Samad Rabiu and BUA Group

3 clusters · 7 sources · last updated 28 days ago

Latest: Ram Charan and Abdul Samad Rabiu recognized for business leadership

Abdul Samad Isyaku Rabi’u, chairman of the BUA Group, has received multiple leadership recognitions in Nigeria. In mid-September, Leadership newspaper named Rabi’u as its Man of the Year, citing his business success, ph

Sterling Financial Holdings share capital reconstruction

2 clusters · 4 sources · last updated 29 days ago

Latest: Sterling HoldCo resumes trading on NGX after share reconstruction

Sterling Financial Holdings Company Plc initiated a share capital reconstruction to consolidate its equity structure. The process involved a 90 percent reduction in issued shares, consolidating every ten existing ordinar