Dangote Refinery Valued 33.4% Over IPO Price
Renaissance Capital Africa values Dangote's refinery at ₦700.41 a share (about US$0.52), 33.4% above the IPO price. The offer now...
October 20, 2026Topic
naira
Nigeria Inflation Rate Test Looms on 15 October
Nigeria's inflation rate is forecast to rise to 15.5% in September 2026, testing whether disinflation has stalled and what the...
October 14, 2026
Nigeria Public Debt Hits US$120.93 Billion in 2026
Nigeria public debt reached US$120.93 billion in June 2026, with debt service consuming over half of federal revenue, raising risks...
October 12, 2026
Nigeria Current Account Seen at US$8.69 Billion
Nigerian dealers project a US$8.69 billion current account surplus for July to September, up from US$7.54 billion. What it means...
October 7, 2026
Donald Duke Targets 23-Cent Petrol in Nigeria
Donald Duke aims for petrol at N300 (about US$0.23) a litre if elected in 2027. Our arithmetic shows why the...
October 7, 2026
Nigeria Stocks Dip 0.06%
Nigeria's NGX All-Share Index fell 0.06% to 250,668 on 5 October as volume rose 57%, while the naira held near...
October 5, 2026
Nigeria’s Naira Breaks Below N1,500 Against the Euro
Nigeria's naira closed at N1,496.19 per euro on 2 October 2026, its strongest official level in two years, as a...
October 5, 2026
Nigerian ETFs Split as Greenwich Alpha Gains 97.63%
Nine of 12 Nigerian ETFs rose in the year to September. Greenwich Alpha nearly doubled in price, while two Meristem...
October 4, 2026
Nigeria’s US$376 Minimum Wage Ask Would Lift Inflation
Nigerian civil servants are striking for a US$376 monthly minimum wage, seven times today's floor. A leading economist says US$94...
October 4, 2026