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Shell launches a $5 billion share buyback programme after reporting strong quarterly operating cash flow and adjusted earnings.

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

US GDP grew at a 3.4% annual rate in the third quarter, with investment strengthening while weaker exports restrained the expansion.

US consumer spending rose in September, but inflation absorbed almost all the gain and real disposable income declined.

US stocks slipped on Thursday after Alphabet's quarterly results disappointed and the Federal Reserve kept its target range at 3.75 to 4 per cent, while the ECB held rates and Christine Lagarde announced a resignation effective in February.

Global oil benchmarks held firm on Thursday, with Brent trading near $110.80 after a week in which Middle East refinery damage kept supply risk at the centre of pricing, and the US Federal Reserve's decision to hold rates cooled demand expectations.

Central Bank of Nigeria Governor Olayemi Cardoso reported gross external reserves of $55.25 billion as of 18 September 2026, the highest reading in 18 years, with cover for about 11.3 months of imports and net reserves above $45 billion.

The Central Bank of Nigeria's September 2026 Business Expectations Survey placed the Business Confidence Index at 13.4 points, down marginally from 14.8 in August, but businesses projected the reading to rise to 23.6 points this month and 36.6 points by March 2027.

The Central Bank of Nigeria's Composite Purchasing Managers' Index rose to 53.0 in September from 52.7 in August, marking the fourth consecutive month of expansion, while the household expectations survey showed consumer sentiment worsening to minus 18.7 points.

The Nigerian agricultural exporter's commercial paper offer was oversubscribed by 46.7 per cent, with proceeds earmarked for cocoa procurement and expansion, underlining deep investor appetite for food and agribusiness paper.

Seplat Energy has declared an interim dividend of five US cents per share together with a special dividend of 14 US cents, with a qualification date of 12 November 2026 and register closure on 13 November, ahead of payment on about 27 November.

Nigeria has presented a plan to expand tree crop plantations by one million hectares to European investors in Brussels, positioning cocoa and other tree crops as an investment frontier while rehearsing compliance with the EU's deforestation regulation.

The Central Bank of Nigeria and the National Information Technology Development Agency said their partnership on a national sovereign cloud initiative will support compliance with the January 2027 deadline for payment service providers to retain customer and transaction data in Nigeria, an executive dialogue in Lagos heard.

Google Pay has launched in Nigeria for eligible cardholders, adding the world's largest digital wallet platform to the country's payment mix, with industry speakers describing stablecoins as the next frontier for faster cross-border payments.

A Nigerian Economic Summit Group survey covering 18,000 households and 9,097 businesses found 74.4 per cent of households accept the government's right to collect taxes, yet trust in tax authorities remains low and 67.2 per cent reported paying informal levies.

NGX Group, the parent of the Nigerian Exchange, reported nine-month 2026 results with profit before tax of N20.6 billion, up 83.3 per cent year on year, and profit after tax of N14.7 billion, up 86.4 per cent, in filings published on 27 October.

The offshore acreage transaction expands their exploration partnership without establishing new reserves or an immediate increase in production.

Investment income lifted net profit, while smaller gains outside the income statement and substantial financing costs qualify the improvement.

Net interest earnings more than doubled, but reported earnings per share fell against a much larger capital base.

Operating profit grew faster than revenue, but finance costs absorbed about half of that result as the company expanded its fixed assets.

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

Data released on 29 October show physical energy exports declining in 2024–25 while the renewable share of domestic electricity increased.

The November climate indicator slipped to minus 30.8 as income expectations and willingness to buy remained weak despite a better national outlook.

The manufacturer delivered 547 aircraft in nine months, leaving about 37% of its annual target for the final quarter while free cash flow remained negative.