Logo
paper-plane-tilt
Subscribe
Logo
Search
Daily Bread News
Daily Bread News

Daily Bread delivers quick & insightful updates about Nigeria's business world.

news

+2

Send your OPay

Sep 9, 2026

•

5 min read

Send your OPay

The story of Nigeria's largest fintech

Daily Bread News
Demilade Ademuson
Daily Bread News, +1

fintech

+3

🍞 OPay, from the brink of failure, to Nigeria's largest fintech

Sep 9, 2026

•

10 min read

🍞 OPay, from the brink of failure, to Nigeria's largest fintech

How OPay went from a casualty of government policy to Nigeria's largest fintech.

Daily Bread News
Daily Bread News

economy

+2

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

Sep 8, 2026

•

2 min read

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.

Daily Bread News
Daily Bread News

aerospace

+2

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

Sep 8, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

Otedola

+4

Otedola commends FirstHoldCo's FTSE Frontier 50 admission

Sep 8, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

exchanges

+2

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

Sep 7, 2026

•

4 min read

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.

Daily Bread News
Daily Bread News

NGX

+4

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

Sep 7, 2026

•

2 min read

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

Daily Bread News
Daily Bread News

Dangote

+2

Dangote Cement schedules London roadshow ahead of LSE listing

Sep 3, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

FX

+2

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

Sep 3, 2026

•

2 min read

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.

Daily Bread News
Daily Bread News

economy

+3

🍞 States & Capital

Sep 2, 2026

•

12 min read

🍞 States & Capital

The world's great cities and regions turned a comparative advantage into a globally owned brand. Nigeria's states hold advantages just as strong, and yet benefits from none of them.

Daily Bread News
Daily Bread News

FX

+3

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

Sep 2, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

economy

+2

Nigeria posts fastest growth in five years on oil boom

Sep 2, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

exchanges

+2

FTSE Russell upgrades Nigeria to frontier market, sparking rally

Sep 2, 2026

•

2 min read

FTSE Russell upgrades Nigeria to frontier market, sparking rally

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

Daily Bread News
Daily Bread News

finance

+2

Nigeria is back on the global markets map

Aug 28, 2026

•

2 min read

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?

Daily Bread News
Demilade Ademuson
Daily Bread News, +1

infrastructure

+2

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

Aug 26, 2026

•

2 min read

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.

Daily Bread News
Daily Bread News

FX

+1

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

Aug 26, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

finance

+2

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

Aug 21, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

finance

+1

BOI to funnel 80% of loans into priority sectors

Aug 17, 2026

•

2 min read

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.

Daily Bread News
Daily Bread News

Industrials

+3

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

Aug 14, 2026

•

1 min read

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

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

Daily Bread News
Daily Bread News

finance

+2

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

Aug 14, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

Oil & Gas

+2

Nigeria implements fixed rules to unlock $50bn

Aug 12, 2026

•

2 min read

Nigeria implements fixed rules to unlock $50bn

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

Daily Bread News
Daily Bread News

Industrials

+1

Ajaokuta Steel gets gas deal after 50 idle years

Aug 12, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

finance

+1

NGX chief pushes Tinubu for fintech listing mandate

Aug 12, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

energy

+1

Tinubu revives NNPC listing plan

Aug 12, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

newsletter

🍞 The Other Oil Billionaire

Aug 5, 2026

•

10 min read

🍞 The Other Oil Billionaire

How Rasheed Sarumi turned a crop-chemicals startup into a billion-dollar palm oil empire, in a crop Nigeria once led the world in and then handed away.

Daily Bread News
Daily Bread News
Load more

Quick Links

Subscribe

Archive

Contact

Socials

© 2026 Daily Bread News.
beehiivPowered by beehiiv