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Markets
Seplat surge hands Tony Elumelu N680bn investment windfall
Just five months after executing a landmark $500 million acquisition to become Seplat Energy Plc’s single largest shareholder, billionaire investor Tony Elumelu is already reaping extraordinary rewards....
Maritime
Consumers face higher prices as biggest shipper raises import fees
Nigerian consumers could face rising prices as Mediterranean Shipping Company (MSC), the world’s largest shipping firm, increases its local import fees, adding further strain on already cash-strapped households....
Editor | Jan 08, 2026
Economy
Nigeria’s disinflation dividend comes with strings attached
Nigeria is entering 2026 with inflation easing sharply, giving policymakers their clearest window in years to stabilise the economy and reset investor confidence. That window, however, is conditional: the slowdown in prices will persist only if oil revenu...
Editor | Jan 06, 2026
Markets
Stocks cross N100trn valuation as investors eye earnings season
Nigeria’s equities market has broken through the N100 trillion capitalisation barrier for the first time, closing at N101.8 trillion on Monday, January 5, 2026. The landmark moment comes as investors adjust to the country’s new tax regime, which took effe...
Editor | Jan 06, 2026
Markets
Nigeria crosses N100trn market cap on January effect
Nigeria has finally crossed the N100trillion equities market capitalisation mark. The record feat at the close of trading on Monday January 5, 2026 happened as Nigerians brace for a year set to test investors reactions to Nigeria’s new tax laws which bec...
Editor | Jan 05, 2026
Energy
Nigeria faces revenue risk as Trump signals Venezuela crude revival
Nigeria's N58.18 trillion ($41.5 billion) 2026 budget, anchored on a $64.85 per barrel crude oil benchmark, faces mounting pressure as President Donald Trump's intervention in Venezuela threatens to unleash a flood of new crude supplies onto an already ov...
Editor | Jan 05, 2026
Economy
Markets bet on prolonged tight policy as CBN defends inflation, naira
Nigeria’s benchmark interest rate is likely to remain above 22 percent through 2026 as the Central Bank of Nigeria (CBN) prioritises inflation control and currency stability over growth acceleration, according to economists and analysts polled by Business...
Editor | Jan 02, 2026
Economy
What to expect from interest rate cuts in 2026
Nigeria’s benchmark interest rate is likely to remain above 22 percent through 2026 as the central bank prioritises inflation control and currency stability over growth acceleration, according to economists and analysts polled by BusinessDay....
Editor | Jan 01, 2026
Economy
Four mega trends to shape Nigerian economy in 2026
Nigeria is poised for its biggest economic boom in at least a decade in 2026, driven by developments such as the implementation of the harmonised tax rules, the long-awaited listing of the giant Dangote Refinery, and the new capital rules for banks and in...
Editor | Jan 01, 2026
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