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CBN cuts rates to 23%, but the real move is smaller than it looks

Sep 23, 2026

CBN cuts rates to 23%, but the real move is smaller than it looks

What the CBN rate cuts mean for the stock market

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Moniepoint's IPO POS

Sep 23, 2026

Moniepoint's IPO POS

Moniepoint has turned its POS terminals into a share-subscription channel for the Dangote Refinery IPO.

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Petrol hits ₦1,450 as Brent crude climbs past $107

Sep 15, 2026

Petrol hits ₦1,450 as Brent crude climbs past $107

Pump prices jump 7–11% in a week as Dangote Refinery raises wholesale rates and Middle East supply disruptions push crude near four-month highs.

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Nigeria's petrol import bill surges almost 1,000% despite Dangote refinery ramp-up

Sep 15, 2026

Nigeria's petrol import bill surges almost 1,000% despite Dangote refinery ramp-up

Imports jumped elevenfold to ₦952 billion in Q2 2026, reversing a dramatic Q1 decline as domestic supply tensions persist.

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Nigeria oil output edges up 0.4% in August

Sep 15, 2026

Nigeria oil output edges up 0.4% in August

Amidst the Dangote Refinery IPO, Nigeria has its fourth consecutive month of meeting OPEC quota

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🍞 The Biggest IPO in African History: Part 2 - The Dangote Refinery

Sep 15, 2026

🍞 The Biggest IPO in African History: Part 2 - The Dangote Refinery

Unpacking the refinery's business and analysing the more important question for investors: do its financials justify the price?

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🍞 The Biggest IPO in African History: Part 1 - The Cement Factory

Sep 14, 2026

🍞 The Biggest IPO in African History: Part 1 - The Cement Factory

What Nigeria Is Really Buying in the Dangote Refinery

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Send your OPay

Sep 9, 2026

Send your OPay

The story of Nigeria's largest fintech

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Nigeria's export record is oil, wearing a new outfit

Sep 8, 2026

Nigeria's export record is oil, wearing a new outfit

Nigeria sold more non-crude than crude abroad for the first time in at least six years last quarter.

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Air Peace re-enters Africa's top 10 after 55% capacity surge

Sep 8, 2026

Air Peace re-enters Africa's top 10 after 55% capacity surge

Nigeria's largest airline posted the fastest growth among the continent's carriers to reclaim 10th position in September 2026.

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Otedola commends FirstHoldCo's FTSE Frontier 50 admission

Sep 8, 2026

Otedola commends FirstHoldCo's FTSE Frontier 50 admission

The financial services holding company joins five other Nigerian stocks in the elite 50-stock global frontier index, effective 21 September.

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The 31 Nigerian Stocks listed on the UK's FTSE  Russell

Sep 7, 2026

The 31 Nigerian Stocks listed on the UK's FTSE Russell

After three years in index exile, Nigeria re-enters the FTSE Frontier Index Series on 21 September. Here is every name on the list, what it means for capital flows, and which stocks stand out in each tier.

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OPay is going public in New York. It may also list in Lagos.

Sep 7, 2026

OPay is going public in New York. It may also list in Lagos.

One of Nigeria's biggest fintech companies is about to list on Wall Street. The question that matters for Nigerian investors is whether they will get a seat at the table

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Dangote Cement schedules London roadshow ahead of LSE listing

Sep 3, 2026

Dangote Cement schedules London roadshow ahead of LSE listing

Africa's largest cement maker will host a Capital Markets Day on September 21 to pitch international investors before its proposed secondary listing.

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Naira heads for best year since 2018; defies the election-year script

Sep 3, 2026

Naira heads for best year since 2018; defies the election-year script

Nigeria's currency is climbing into a vote that usually weakens it, and this time the strength is home-grown, not a gift from a soft dollar.

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Moody's lifts Nigeria's outlook to positive on reserves, growth

Sep 2, 2026

Moody's lifts Nigeria's outlook to positive on reserves, growth

Rating agency cites stronger external buffers and better-than-expected GDP expansion as outlook shifts from stable.

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Nigeria posts fastest growth in five years on oil boom

Sep 2, 2026

Nigeria posts fastest growth in five years on oil boom

The economy expanded 4.43% in Q2 2026, the strongest pace since Q2 2021, as oil output surged and services accelerated.

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FTSE Russell upgrades Nigeria to frontier market, sparking rally

Sep 2, 2026

FTSE Russell upgrades Nigeria to frontier market, sparking rally

Index provider confirms September 21 reclassification after clearing FX and settlement concerns.

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Nigeria is back on the global markets map

Aug 28, 2026

Nigeria is back on the global markets map

The FTSE adds Nigerian stocks back to its index; forcing UK and global investors to purchase Nigerian stocks...this is great for the NGX but is it good for Nigeria's economy?

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Nigeria's competition regulator approves MTN's $6.2bn IHS takeover, with conditions

Aug 26, 2026

Nigeria's competition regulator approves MTN's $6.2bn IHS takeover, with conditions

MTN acquisition of 75% of IHS towers approved; however, MTN must sell 30% of IHS Nigeria to local investors, protecting rivals' access to tower infrastructure.

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Nigeria's FX turnover hits 2026 record at $5.06 billion

Aug 26, 2026

Nigeria's FX turnover hits 2026 record at $5.06 billion

Weekly trading surges 146% as spot transactions cross $5 billion for the first time this year.

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Standard Bank eyes OPay stake ahead of $4bn New York IPO

Aug 21, 2026

Standard Bank eyes OPay stake ahead of $4bn New York IPO

Africa's largest bank in talks to invest in Nigerian fintech before its planned US listing later this year.

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The Brand and the Bottle

Aug 19, 2026

The Brand and the Bottle

Coca-Cola's 75 Years in Nigeria

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BOI to funnel 80% of loans into priority sectors

Aug 17, 2026

BOI to funnel 80% of loans into priority sectors

Nigeria's key development bank, Bank of Industry, pivots its financing strategy toward priority sectors amid a manufacturing slump and power crisis.

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AFC leads $2.5bn Dangote refinery equity raise after loan repayment

Aug 14, 2026

AFC leads $2.5bn Dangote refinery equity raise after loan repayment

Pan-African leads oversubscribed private placement ahead of Africa's most anticipated IPO

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Central Bank of Nigeria (CBN) eased restrictions on foreign exchange and government securities transactions

Aug 14, 2026

Central Bank of Nigeria (CBN) eased restrictions on foreign exchange and government securities transactions

Naira gains as CBN removes penalties on banks trading FX and securities while tapping emergency liquidity.

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Nigeria implements fixed rules to unlock $50bn

Aug 12, 2026

Nigeria implements fixed rules to unlock $50bn

President Tinubu approves transparent deepwater framework, ending decades of case-by-case negotiation with IOCs.

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Ajaokuta Steel gets gas deal after 50 idle years

Aug 12, 2026

Ajaokuta Steel gets gas deal after 50 idle years

Federal government signs 20-year NNPC supply agreement to finally power the complex that has consumed $8 billion without rolling a single coil.

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NGX chief pushes Tinubu for fintech listing mandate

Aug 12, 2026

NGX chief pushes Tinubu for fintech listing mandate

Exchange CEO Temi Popoola wants policy requiring OPay, PalmPay and other Nigerian unicorns to list at home or dual-list.

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Tinubu revives NNPC listing plan

Aug 12, 2026

Tinubu revives NNPC listing plan

President pledges to float the entire state oil company on the NGX, rekindling a proposal first mooted in 2016 and mandated by the 2021 Petroleum Act.

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