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Insiders at MTN Nigeria have been buying the shares of the telecommunications giant aggressively—a signal that they perceive the stock to be trading at a bargain—with recent insider buys...
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MTN Nigeria Insiders Spend ₦9.74 Billion in Buying Spree as Stock Trades at 12.57x P/E Amid 166% EPS Surge

Insiders at MTN Nigeria have been buying the shares of the telecommunications giant aggressively—a signal that they perceive the...

The ₦2.7 Trillion T-Bill Surge: DMO Turns to Short-End Issuance to Mop Up Excess Liquidity

Nigeria's multi-trillion-naira fiscal requirement has triggered an unprecedented frontloading strategy across the sovereign yield curve. In the Treasury bills market...

Otedola Acquires 680 Million First Holdco Shares at N44.06 in Private Placement, Boosting Stake to 20.42%

Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has acquired approximately 680 million shares in the company...

FirstHoldCo Closes ₦45 Billion Private Placement at N44.06; Further Strengthening FirstBank’s Capital Base

First HoldCo Plc (FirstHoldCo) hereby notifies the Nigerian Exchange Limited (NGX), its shareholders, and the investing public that it...

Afreximbank Warns Raw Material Exports Leave Africa Exposed to Global Shocks

The African Export-Import Bank (Afreximbank) has released Volume 10, Issue 1 of its Trade and Development Finance Brief, titled...

The AfCFTA Risk: Mupita Reveals MTN Makes 80% of Earnings Outside South Africa

The recent surge of anti-immigrant sentiment in South Africa has predictably triggered a counter-reaction across West Africa, with trending...
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Nigeria Inflation Slows to 15.93% in May 2026 as Food Price Growth Eases, But Upside Risks Loom

The National Bureau of Statistics reported that the Consumer Price Index increased to 15.93% in May 2026, up from...

IMF Flags Fiscal Risks in Nigeria’s $5 Billion Debt Swap, Urges Tight Monetary Policy

The International Monetary Fund (IMF) has strongly advised the Central Bank of Nigeria (CBN) to keep its restrictive monetary...

Nigeria Posts Record ₦7.55 Trillion Trade Surplus as Dangote Refinery Erases Fuel Import Drag

Nigeria has recorded its largest merchandise trade surplus in recent economic history. Data released by the National Bureau of...

Nigeria’s Capital Importation Surges 84% to Record $10.37bn in Q1 as FPI Dominates Inflows

Nigeria's capital importation surged 83.80% year-on-year to a record $10.37 billion in Q1 2026, up from $5.64 billion in...

Moniepoint CEO Plots Shift From Payment Movements to Layered Data-Driven Credit

...as Cardoso Launches PSV 2028 As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System...

Oil Rally Spurs Nigeria to Weigh Refinancing High-Cost Debt on Favorable Market Conditions

Nigeria plans to refinance high-cost debt and raise funds to help plug its budget deficit, leveraging strong investor confidence...
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