Nigeria’s trade surplus jumps 67% to N12.59trn in Q2’26By Yinka Kolawole Nigeria’s merchandise trade surplus surged by 66.8 per cent quarter-on-quarter to N12.59 trillion in the second quarter of 2026, from N7.55 trillion recorded in Q1, as a sharp rise in exports widened ...
Maritime Reforms: Nigeria’s ports record 12.3% rise in cargo throughputBy Emeka Anaeto The Nigerian Ports Authority (NPA), has reported significant growth in cargo throughput, vessel traffic, container movements, vehicle traffic among others in the second quarter of 2026, Q2’26, attributi ...
Foreign investors pull out N266bn from Nigeria in 3 yrsForeign Portfolio Investment (FPI) net capital outflow from the Nigerian equities market widened by more than 1,073 per cent in three years, rising from N22.68 billion in the first seven months of 2023 to N266.07 bill ...
Dangote Petroleum Refinery set for landmark IPO following SEC approval… Proposed 4.1bn share offer could raise approximately ₦2.15trnBy Udeme Akpan The Securities and Exchange Commission (SEC) has approved the commencement of the Initial Public Offering (IPO) of Dangote Petroleum Refin ...
Nigeria’s reserves hit $54bn, highest in 18 yearsNigeria’s external reserves have risen to $54.08 billion, reaching their highest level in nearly 18 years and moving further above the Central Bank of Nigeria’s (CBN) projection for the end of 2026. Latest CBN data s ...