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, 2026Topic
Lagos
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
Nigeria Would Make Crypto Exchanges Base Their Chief Executive There
Draft Nigeria crypto rules published on 20 August would require an exchange to keep its chief executive in the country,...
August 23, 2026
Nine in Every Ten Naira Traded in Lagos Now Comes From Nigerians
Nigeria stock market domestic investors drove 89.21% of trading to July 2026, even as US$4 billion came off the exchange...
August 22, 2026
Nigeria Approved a US$45 Million Rail Link to Its Lagos Ports. Almost Nobody Noticed
Nigeria ports and rail links are the missing piece around the Dangote refinery. A US$45.3 million line to four Lagos...
August 20, 2026
Nigerian Stock Turnover Jumps as the Market Falls 1.2%
Nigerian stock turnover rose 26.6% to about US$129 million in the week to 14 August 2026, but the index fell...
August 17, 2026
Dangote Refinery IPO Is Aimed at Nigerian Savers, Not London
The Dangote refinery IPO is being pitched as a retail-first Lagos listing, with chief executive David Bird ruling out any...
August 16, 2026
Dangote Refinery IPO Could Raise Up to US$5 Billion
Dangote's refinery IPO could raise up to US$5 billion, Nigeria's largest ever, as funds sell banks and telecoms to raise...
August 3, 2026
Tyla Drops Lagos Concert After Xenophobia Backlash
Tyla’s 22 December Lagos show vanishes from her A*POP World Tour schedule after Nigerian calls for a boycott over xenophobic...
July 31, 2026