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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....
Markets
Nigeria’s overdue technical correction wipes N8.24trn off stocks post-T+1
The Nigerian equities market has lost about N8.24 trillion within just three weeks since June 1 transitioning to the T+1 settlement framework....
Editor | Jun 19, 2026
Energy
NNPC's $1bn Dangote bet is now worth $2.84bn
The Nigerian National Petroleum Company Limited (NNPC) spent the better part of three decades and tens of billions of dollars on three refineries it built, owns outright and runs by itself....
Editor | Jun 19, 2026
Economy
Why Nigeria is looking beyond Eurobonds for foreign financing
Nigeria has raised more than $4.5 billion from international investors in the last two years, attracting record demand despite concerns over debt levels, foreign exchange volatility, and sweeping economic reforms....
Editor | Jun 17, 2026
Markets
Nigerian corporates pick expensive debt over equity raise
The Boardroom of Primal Nigeria Limited (not real name) smelled of stale filter coffee and unspoken panic....
Editor | Jun 17, 2026
Pensions
Pension turns lifeline as jobless Nigerians withdraw N12bn to survive
Nigeria's worsening employment and economic challenges are forcing thousands of workers to fall back on their retirement savings for immediate survival, with more than N12 billion withdrawn from pension accounts by unemployed contributors in just three mo...
Editor | Jun 16, 2026
Economy
Nigeria's middle class wanted better cars. The naira had other plans
Kekemeke Karatei realised he had saved up more hope than cash after arriving at the car lot to be informed that the N6 million he had been nursing for many months to finally own a 14-year-old used Honda was only sufficient to get him something even older ...
Editor | Jun 15, 2026
Markets
Nigerian corporates crowd Commercial Paper as IPO market freezes
With the primary equities market experiencing a prolonged chill, Nigerian corporate issuers are aggressively shifting their gaze toward the short-term debt capital market....
Editor | Jun 13, 2026
Markets
From Lagos to New York: Inside Segun Agbaje’s N8.5bn multi-currency stock portfolio
Few African corporate titans have managed to anchor themselves as firmly in the local financial ecosystem while simultaneously projecting their influence into the ultra-competitive arenas of global Western commerce. ...
Editor | Jun 12, 2026
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