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Nigeria's pension fund assets have grown beyond N31 trillion and now cover more than 11 million retirement savings account holders, with the regulator pushing to channel more of the money into infrastructure and the capital market.
The SEC warned that Wayvepay is not registered to operate in the capital market, after the platform said it would offer access to the Dangote Refinery IPO.
Food inflation slowed sharply in August 2026, offering relief to households, but international agencies warn that conflict and high input costs still leave millions of Nigerians acutely food insecure.
Africa's largest economy posted a record quarterly trade surplus in the second quarter of 2026 as exports outpaced imports, with non-crude receipts now accounting for more than half of outbound trade.
Shell has agreed to sell Shell Nigeria Gas Group to Vaaris Energy Limited, the latest step in the oil major's restructuring of its Nigerian portfolio.
The National Insurance Commission has begun final verification of insurers' compliance with higher capital requirements, with consolidation expected to follow.
The Securities and Exchange Commission has warned that a lack of credible companies willing to list is limiting the depth of Nigeria's capital market.
The Central Bank of Nigeria is mopping up excess cash to keep money-market conditions tight, supporting the naira and inflation but keeping borrowing costs elevated.
KuCoin Nigeria has secured conditional approval-in-principle from the Securities and Exchange Commission to join its regulatory incubation programme.
Five leading Nigerian financial institutions reported a combined pre-tax profit of about N2.29 trillion in the first half of 2026, cementing banking's dominance of corporate earnings.
Fitch Ratings has revised Nigeria's credit outlook to Positive from Stable, citing sustained reforms, disinflation and improved foreign reserves of $54.9 billion.
Dangote Petroleum Refinery has pushed the close of its $1.6 billion IPO to October 27, giving investors more time to subscribe to Africa's biggest listing.
The World Bank Group says it is helping to mobilise up to $5.79 billion in private financing for Nigeria in 2026, a push projected to support about 850,000 direct and indirect jobs.
JPMorgan missed expectations as Goldman Sachs and Citigroup posted strong results in a mixed opening to the US bank earnings season.
Nigerian fintech OPay has filed for an IPO on the New York Stock Exchange, targeting a valuation of about $4 billion and planning a secondary listing in Lagos.
Independent marketers are pressing for an extension of the 30-day petrol discount, warning of fresh price increases when the window lapses.
British universities have withdrawn offers to Nigerian students as higher visa refusal rates prompt institutions to tighten screening.
The Nigeria Labour Congress has given the federal government two weeks to address petrol prices and the minimum wage, warning of industrial action.
The federal government has rolled out a 30-day petrol discount at NNPC stations, a temporary measure to ease household costs amid lingering reform pressures.
The IMF has warned that Nigeria's improving economic indicators are not reaching the poorest households, questioning whether the country's reforms are creating shared prosperity.
The US banking giant plans to establish a merchant bank in Nigeria before the end of 2026 and has added the country to a new emerging-market bond index, in twin votes of confidence for the capital market.
Nigeria's central bank has delivered its largest-ever cut to the benchmark rate. The question now is whether banks will pass it on to the businesses and households that need affordable credit.
Nine companies disclosed funding in September, down from $364.1 million across 20 startups in the previous month.
Ten greenfield projects form part of a $7.1 billion, 10-year programme that could reduce import demand if financing, farms and factories are delivered on schedule.