NGX Gains N160bn Amid IPO Rush

The Nigerian Exchange opened the trading week in positive territory on Monday, 14 September 2026, adding about N160bn in value on the same day Aliko Dangote sounded the gong to launch the largest public share offer in the country’s history, an event that has dominated market attention for weeks and continues to shape how investors…

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FIFA, CAF Review Nigeria Football Crisis

  A joint FIFA and CAF delegation opened a two day assessment of the leadership crisis inside the Nigeria Football Federation in Abuja on Monday, holding its first talks with the National Sports Commission chairman, Shehu Dikko, and members of the federation’s federating units as world football’s governing bodies weigh how to return the NFF…

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Arms Imports Climb 104% In Six Months

Nigeria’s spending on imported arms and ammunition rose sharply in the first half of 2026, climbing to N55.06bn from N26.95bn in the same period of 2025, a 104.31 per cent increase that arrives less than five months before the country returns to the polls. The figures are drawn from the National Bureau of Statistics foreign…

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FG Raises N1.23trn to Tackle GenCo Debt

FG Raises N1.23trn to Tackle GenCo Debt

The federal government has raised 1.23 trillion naira through two bond sales to chip away at a four-trillion-naira mountain of legacy debt choking electricity generation companies. Akin Odeyemi, chief executive officer of the Nigerian Bulk Electricity Trading Company, announced the capital haul in Abuja on Monday. The latest issuance brought in 728.9 billion naira under…

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Nigeria Returns to JP Morgan Bond Index

Nigeria Returns to JP Morgan Bond Index

JPMorgan has readmitted Nigeria to its emerging-market debt tracking tables after an eleven-year exile. The American investment bank allocated Africa’s most populous nation a 7.4 per cent weighting in its newly minted Government Bond Index–Emerging Markets Edge. That decision covers sixteen naira-denominated federal bonds worth roughly 17.47 billion dollars. The index tracks roughly 328 billion…

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