Nigeria’s Economic Growth Hits Five-Year High on War-Induced Oil Rally
Nigeria’s economy grew at its fastest pace in five years in the second quarter of 2026, helped by a sharp
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Author: Markets Reporters
Dangote Refinery Threatens Supply Cut to Marketers Still Importing Fuel
The Dangote Petroleum Refinery and Petrochemicals is reportedly preparing to impose strict sales restrictions on major fuel marketers who continue
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Nigeria’s Debt Outlook Upgraded to Positive by Moody’s for First Time Since 2023
Moody’s Ratings has returned Nigeria’s sovereign outlook to positive for the first time since December 2023, citing stronger foreign exchange
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Nigeria Stocks Rebound as Investors Digest FTSE Russell’s Reclassification
Nigeria’s equities market rebounded for the second straight day on Friday after FTSE Russell cleared the way for the country’s
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Nigeria Regains Frontier Market Status as FTSE Backs T+1 Settlement
FTSE Russell says its review found no material settlement, operational or funding problems following Nigeria’s transition to a T+1 settlement
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Boko Haram Gets 90% of N7.8bn Ransom Payments Amid Nigeria’s Kidnapping Crisis
Nigeria’s kidnap economy became more lucrative in the year to June 2026, with ransom payments more than tripling to N7.78
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Tinubu: NLNG Train 7 Key to Nigeria’s Gas-Led Economic Future
President Bola Tinubu has described Nigeria LNG Limited’s Train 7 Project as central to the country’s gas-led economic ambitions, saying
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Dangote Refinery Warns Fuel Imports Are Pushing Local Production Into Export Markets
The Dangote Petroleum Refinery and Petrochemicals has raised concerns over the continued issuance of petroleum product import licences, saying the
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Continental Re Deepens East Africa Footprint With New Rwanda Office
Continental Reinsurance has expanded its East African presence after securing a licence from the National Bank of Rwanda to establish
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EBRD Makes First Pan-African Venture Capital Bet with $8 Million Investment
The European Bank for Reconstruction and Development has committed $8 million (€6.8 million) to Ventures Platform Pan-African Fund II, marking
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