Why NGX Postponed Its New Shares Pricing Methodology Launch
NGX postponed its tiered shares pricing methodology launch after regulators demanded broader consultation, delaying rules set for August 17, 2026.
September 10, 2026Topic
Nigerian Exchange
Dangote Refinery IPO Approved at US$0.40 a Share
Nigeria's SEC cleared the Dangote Refinery IPO: 4.1 billion shares at US$0.40 each (₦525), raising up to US$1.63 billion, Africa's...
September 6, 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 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
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’s Biggest Banks Cannot Publish Their Half-Year Accounts Yet
Nigeria bank results for the first half of 2026 have slipped to late September and October at GTCO, Zenith and...
August 21, 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
Femi Otedola Tightens Grip On Nigeria’s Oldest Bank, First HoldCo
Femi Otedola has lifted his stake in First HoldCo, parent of First Bank of Nigeria, to 25.87 percent and says...
August 8, 2026