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Markets
Northern Billionaires split biggest chunk of Jaiz Bank’s N4.91bn dividend
Nigeria’s premier non-interest financial institution, Jaiz Bank Plc recently got shareholders approval for a massive 57 percent increase in its dividend payout to 11 kobo per share following a stellar financial year 2025....
Wealth
Dangote, Rabiu lead Africa’s billionaire gains in 2026 as wealth jumps $5bn
Nigeria’s stock market rally is boosting the fortunes of the country’s richest industrialists, with Aliko Dangote and Abdulsamad Rabiu recording the biggest wealth gains among African billionaires so far in 2026. Data compiled by BusinessDay from the Blo...
Editor | Feb 23, 2026
Economy
Naira rally lifts Nigeria stocks to Africa’s top spot
Nine months after the Advertising Regulatory Council of Nigeria (ARCON) introduced additional vetting processes to curb the use of online adverts for scams, questions are arising whether the policy is achieving its intended aim....
Editor | Feb 23, 2026
Markets
N8.14trn richer: Stock investors toast to biggest weekly gain in history
The Nigerian stock market has entered a historic super-cycle, recording an unprecedented N8.14 trillion gain in just five trading sessions to February 20. ...
Editor | Feb 21, 2026
Oil & Gas
Flush with oil revenues, Tinubu faces hardest test in fiscal discipline
Nigeria's three tiers of government are swimming in more oil money than they have seen in years. The harder question, one that has defeated administrations before, is whether they will spend it wisely....
Editor | Feb 20, 2026
Energy
NNPC must cough up the cash as Tinubu issues new executive order
President Bola Tinubu has signed an executive order directing the Nigerian National Petroleum Company (NNPC) Limited to remit oil and gas revenues directly to the Federation Account, stripping the company of billions of naira in deductions that his admini...
Editor | Feb 19, 2026
Oil & Gas
Nigeria's oil firms survive on $7 per barrel as insecurity tames profit
Nigeria's oil producers are clinging to razor-thin margins despite crude prices hovering around $70. After paying for production and protection, many firms are left with profits between $5 to $7 per barrel....
Editor | Feb 18, 2026
Economy
Nigeria’s $14 billion portfolio surge masks weak direct investment
Nigeria’s investment recovery is being driven by short-term portfolio inflows rather than long-term foreign direct investment, raising fresh questions about the durability of the country’s economic rebound....
Editor | Feb 18, 2026
Economy
Nigeria joins African peers as food inflation slows to single digit
Nigeria’s food inflation fell to single digits in January 2026 for the first time since May 2015, signalling easing in cost-of-living pressures. This trend, first predicted by BusinessDay, aligns Africa’s most populous nation with peers such as Ghana, Eth...
Editor | Feb 17, 2026
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