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CATEGORY

Markets

Dangote Refinery Targets July IPO with Rare Dollar-Dividend Offer

The President of the Dangote Group, Aliko Dangote, has confirmed that the Dangote Petroleum Refinery will open its doors to individual Nigerian investors within the...

Unilever Nigeria Amasses ₦110bn War Chest as Profits Double

While most Nigerian consumer goods firms struggled with currency-induced insolvency in 2004/2025, Unilever Nigeria Plc has emerged as the sector's "liquidity fortress." As of December...

Parallel Market Gap Hits 0.3% as Naira Gains ₦33 in One Week

The Nigerian Naira has staged a powerful recovery this week, with the parallel market rate strengthening to ₦1,317/$1 as of Friday, February 20, 2026. This...

First HoldCo “Deep Value” Opportunity Set to Trigger Catch Up Rally on NGX

The current valuation of First HoldCo Plc, presents a stark anomaly in the Nigerian banking sector. Despite its status as a systemically important financial...

US Supreme Court Strikes Down Trump’s Global Tariffs

President Trump’s global tariffs are illegal, the Supreme Court ruled Friday, in a stinging repudiation of a signature White House initiative. The 6-3 decision, written...

Kigali to Host Inclusive FinTech Forum 2026, Convening Global Leaders to Shape the Future of Inclusive Finance

Despite rapid innovation in financial technology, nearly 300 million adults across Africa remain unbanked, most of them in rural and low-income communities. This persistent gap...

Ellah Lakes ARPN Acquisition Stays on Track for Q1 2026 Despite Funding Hit

Ellah Lakes Plc announced today, February 20, 2026, that its ambitious ₦235 billion Public Offer failed to meet the minimum subscription threshold. Despite a high-profile...

Trump Weighs ‘Bloody Nose’ Strike Against Iran to Force Nuclear Capitulation

As of February 20, 2026, the standoff between Washington and Tehran has reached a critical juncture. Following a week of high-stakes negotiations in Geneva,...

FAAN, MTN Partner to Launch Free Abuja, Lagos Airport WiFi Service

The Federal Airports Authority of Nigeria (FAAN), in partnership with MTN Nigeria, has unveiled free WiFi services at the Murtala Muhammed International Airport Terminal...

The Nature Conservancy and FSC Africa Sign Strategic Partnership to Strengthen Sustainable Forest Management Across Africa

The Nature Conservancy (TNC) and the Forest Stewardship Council (FSC) Africa have entered into a new strategic partnership to advance sustainable forest management and...

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