The Dangote Refinery IPO Opens Today, Africa’s Largest Share Sale, for 3.3% of the Company
Aliko Dangote is selling a sliver of the refinery that ended Nigeria's dependence on imported petrol. The sliver alone is...
September 14, 2026Topic
Lagos
Oxygen X Brings Digital Loans to Nigerian Market Traders
Oxygen X loans go street-level: Access Holdings' digital lender took agents into Lagos' Balogun and Trade Fair markets after US$2.6...
September 11, 2026
A New Fund Wants Pension Money to Build Nigeria’s Infrastructure
A new Nigeria infrastructure fund from Africa Finance Corporation seeks domestic pension money, backed by a US$253 million Green Climate...
August 29, 2026
Nigeria Is Back in the FTSE Frontier Index, Three Years On
Nigeria frontier market status returns on 21 September after FTSE Russell cleared the settlement cycle, three years after the country...
August 28, 2026
Nigeria Now Ships Seven Times More Fuel Than It Did Three Years Ago
Nigeria petroleum exports rose from 46,000 barrels a day in 2023 to 350,000 in the second quarter of 2026, US...
August 27, 2026
Nigeria’s Exports to China Jump 81% After Tariffs End
Nigeria China trade hit US$17.4 billion in the first half of 2026 as exports to China jumped 81% to US$2.25...
August 26, 2026
Foreigners Are Just 5.6% of Nigeria’s Record Stock Rally
Foreign investors were 5.60% of Nigeria stock market trades in July 2026, the year's low, while the index rose 53.81%...
August 25, 2026
Nigeria Opens Central Bank Bills to Small Savers
Nigeria's central bank reopened its bill auctions to ordinary savers at about 20%. The Lagos stock market has fallen for...
August 24, 2026
Nigeria’s Power Grid Fell to 1,132 Megawatts
Nigerian electricity generation collapsed to 1,132 megawatts on Saturday night. Distributors began load shedding and no official explanation followed.
August 24, 2026