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The NGX sheds N3.28 trillion in one session as Dangote Cement falls 10 per cent, erasing about N2.5 trillion of value while the index stays up 60% for 2026.

Slowest Russian winter sowing since 2013, Ukraine moisture deficits, a 9% palm oil deficit and El Nino converge on African food importers with a 2027 squeeze.

Cloudflare jumps 20% after Q3 revenue and adjusted earnings beat expectations and it raised its sales outlook, upending the AI-capex panic narrative.

IFC makes its first investment in Kifiya Financial Technology at AFIS in Luanda, scaling AI risk-decisioning that has enabled $1bn-plus in credit for 1.1 million MSMEs and farmers.

IFC launched an agritech financing programme injecting equity into 15 African startups and linking them to 200 banks via guarantees.

ArcelorMittal EBITDA of $2.02bn beat consensus, but $852m impairments and a $293m Ukraine charge weighed on the steel group.

The Bank of England raised rates 25bp to 4%, the first hike in three years, as war-era energy costs pushed UK inflation back up.

Access Holdings posts N667.4bn nine-month pre-tax profit as Q3 earnings rebound 78.4%, leading Nigerian bank earnings season delivery.

MTN Nigeria migrates MoMo onto Alipay+ while fintech revenue fell 26 percent during the platform rebuild and credit service suspension.

The UK Manufacturing PMI climbed to 52.8 in October with the strongest output growth in more than two years, just as fast-rising costs put a Bank of England rate rise back on the table.

MTN Nigeria grew nine-month profit after tax 55.3 percent to N1.17 trillion as data revenue surged 35.8 percent and cash tax payments jumped to N295.4 billion.

Intel beat third-quarter estimates on record data-centre demand, then lost about 29% on Friday after issuing a weak PC outlook.

Serval announces a $150 million funding round led by Sequoia as it expands workplace automation and implementation services.

Chevron reports a sharp annual increase in quarterly earnings, although profit and operating cash flow decline from the preceding quarter.

Amazon reports faster AWS growth and stronger operating profit, while heavy AI investment pushes annual free cash flow below zero.

First HoldCo, the holding company of FirstBank, surrendered 10 per cent of its value on Thursday while the broader market closed at a record, with 343.8 million shares traded in the counter as profit-taking met a heavy tape.

UK-funded institutional support aims to mobilise $2.7 million of Nigerian private capital through a revenue-based financing network.

The Treasury preserves its fiscal rules while forecasts show higher financing needs, modest growth and persistent inflation.

Refinery closures, sanctions and strong demand are keeping European product markets tight, with knock-on effects for African importers.

The Omotosho project would compress and truck gas to industrial and transport customers beyond pipeline reach, moving from a Licence to Establish towards construction approval and offtake deals.

The SEC-led Nigerian Capital Market Masterplan 2.0 targets expansion from about N250 trillion to N750 trillion by 2036, with a National Savings Scheme and a trillion market ambition unveiled in Abuja.

More than £2 million from the UK's ZE-Gen Scale-up Fund will back ten African clean energy projects, including 100 solar cold storage units and four solar agricultural hubs in Nigeria.

The House Downstream Committee said domestic refineries supply more than 75% of national petrol with over 25 days of sufficiency, as it passed confidence votes on Tinubu, NMDPRA and Dangote and sought stronger pipeline funding.

Renda has raised $1.9 million in pre-seed funding to expand its operations, according to BusinessDay, in a round that adds to recent venture deal flow in Nigeria's technology and services market.