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Food prices across major Lagos markets rose again in May 2026, reversing part of the broad-based relief observed in April as transportation costs, seasonal supply fluctuations, and rising logistics expenses affected staple commodities. The post Food prices spike in May…
Read moreThe Nigerian Exchange ended trading on 26 May 2026 in the red, shedding 1,386.2 points to close at 249,738.8, with Dangote Sugar and Transcorp Power leading decliners. The post All-Share Index sheds N810 billion, loses grip on 250,000-point territory appeared…
Read moreFidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued to expand its core banking market share. The post Fidelity Bank grows gross earnings by 38%…
Read moreFidelity Bank Plc has released its Q1 2026 results, posting a pretax profit of N92.4 billion, a 12.57% decline from the N105.7 billion recorded in Q1 2025. The post Fidelity Bank records N92.4 billion Q1 2026 profit appeared first on…
Read moreFidson Healthcare Plc will allot all 600 million ordinary shares offered under its N21 billion Rights Issue after the offer closed oversubscribed by 117.3%, with excess applications expected to result in refunds of about N3.65 billion to investors. The post…
Read moreThe Eko Electricity Distribution Plc is set to use the EKEDP Power App, a smart digital platform designed to give customers more control, visibility and convenience in managing their electricity consumption. Built to simplify everyday power management, the app allows…
Read moreAdhere, the AI-driven AML and fraud detection division of Smartcomply, launches as the Group’s UK pilot – while Smartcomply Group stands ready as the pan-African compliance powerhouse scaling from Africa to the UK. Smartcomply, the African compliance and cybersecurity company, trusted by more…
Read moreNigeria recorded a sharp increase in foreign portfolio investment inflows in January 2026, with hot money inflows rising to $3.37 billion and accounting for 95.72% of the country’s total capital importation. The post Hot money inflows surge to $3.37 billion,…
Read moreTotal transactions on the Nigerian Exchange Limited (NGX) rose by 3.35% month-on-month to N1.803 trillion in April 2026, up from N1.744 trillion recorded in March 2026. The post NGX: Domestic & Foreign Portfolio Investments rise 3.35% to N1.803 trillion in…
Read moreThe Republic of the Congo has announced plans to grant visa-free access to all African nationals from January 2027, in a move aimed at deepening regional integration and improving free movement across the continent. The post Congo to remove visa…
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