Forex inflow rises 36.5% to $33.76bn in five months
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […]
Listed companies: Nigeria ranks 3rd in Africa
The Organisation of Economic Co-operation and Development (OECD) says Nigeria’s stock market ranks third-highest in Africa by the number of listed companies.
Tinubu cheers NGX’s ₦100trn boom, calls for greater local investment
PRESIDENT Bola Tinubu has commended corporate Nigeria, citizens, and capital market stakeholders for propelling the Nigerian Exchange, NGX, surpassing the historic ₦100 trillion market capitalization milestone.
Private sector remains in growth territory in 2025 —Stanbic IBTC PMI
By Peter Egwuatu The Stanbic IBTC Purchasing Manager Index, PMI report, has indicated that the Nigeria private sector remained in sustained growth at the end of 2025 as improvements in customer demand fed through to higher new orders, output and purchasing activity. The report for December 2025 stated that employment also increased, but the rate of job […]
Nigeria records N12trn trade surplus, 21% non-oil export growth — Trade Ministry
…Special economic zones generate $500m export revenue, 20,000 jobs By Progress Godfrey Nigeria recorded a N12 trillion trade surplus in the first half of 2025 as non-oil exports grew by 21 percent to $12.8 billion, signaling a strong export rebound driven by policy reforms under the Federal Ministry of Industry, Trade and Investment. The performance reflects a […]
LCFE to list Kian Smith’s N21 bn gold bars
By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) has finalized plans to list over N21 billion worth of Kian Smith FZE gold in a landmark transaction aimed at deepening Nigeria’s commodities market and expanding investable asset classes within the capital market. The forthcoming listing will feature internationally certified 1kg London Bullion Market Association […]
