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economy

+4

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

Sep 23, 2026

•

1 min read

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

What the CBN rate cuts mean for the stock market

Daily Bread News
Daily Bread News

Dangote

+5

Moniepoint's IPO POS

Sep 23, 2026

•

3 min read

Moniepoint's IPO POS

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

Daily Bread News
Daily Bread News

economy

+2

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

Sep 15, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

economy

+2

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

Sep 15, 2026

•

1 min read

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.

Daily Bread News
Daily Bread News

economy

+2

Nigeria oil output edges up 0.4% in August

Sep 15, 2026

•

2 min read

Nigeria oil output edges up 0.4% in August

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

Daily Bread News
Daily Bread News

Dangote

+3

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

Sep 15, 2026

•

9 min read

🍞 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?

Daily Bread News
Daily Bread News

Dangote

+3

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

Sep 14, 2026

•

9 min read

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

What Nigeria Is Really Buying in the Dangote Refinery

Daily Bread News
Daily Bread News

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

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

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

news

+1

The Brand and the Bottle

Aug 19, 2026

•

4 min read

The Brand and the Bottle

Coca-Cola's 75 Years in Nigeria

Demilade Ademuson
Demilade Ademuson

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
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