Nigeria Stocks Near Record on Mostly Short-Term Inflows
Nigeria's stock market has more than tripled since 2023 and is worth about US$122 billion, but 95% of early-2026 foreign...
October 4, 2026Topic
naira
Nigeria Stocks Fall 0.16% as Banks Drag
Nigeria's NGX All-Share Index fell 0.16% to 250,808 on 2 October as banks slipped, while the September PMI rose to...
October 3, 2026
Nigeria’s Pension Funds Pledge US$182 Million to Infrastructure
Nigeria pension funds pledge about US$182 million for pension infrastructure investment, but nothing is invested yet and deployment is due...
September 28, 2026
Nigeria’s Banks Swim in Cash After Sharp Rate Cut, Testing Inflation Fight
Nigeria cut its key interest rate from 26.5% to 23% on 22 September. Spare cash in Nigerian banks could now...
September 27, 2026
Nigeria Cuts Interest on Late Tax Bills to Central Bank Rate Plus 1 Point
From 1 October, Nigeria sets late tax interest at the central bank rate plus 1 point, not plus 5, or...
September 24, 2026
Nigeria Keeps Electricity Tariffs Frozen at a US$1.45 Billion Cost
Nigeria tariff freeze stays in place as Abuja rules out a price rise, with the 2025 power subsidy put at...
September 22, 2026
Nigeria’s Central Bank Cuts Its Benchmark Rate to 23 Percent
The CBN interest rate fell to 23 percent from 26.5 percent on 22 September 2026, a surprise move Nigeria's central...
September 22, 2026
Nigeria Education Inflation Jumps to 10.72% as Last Year’s Dip Lifts the Rate
Nigeria education inflation rose to 10.72% in August 2026 from 7.51%, yet school prices rose only 0.17% in the month....
September 21, 2026
Nigeria Bond Auction Allots US$563 Million at Lower Rates
Nigeria allotted ₦748.64 billion of bonds on 14 September, about US$563 million. Both instruments cleared below August rates.
September 16, 2026