Economy, markets, finance, CBN policy, energy, and industry.
The National Bureau of Statistics reports a drop in Nigeria's headline inflation rate to 15.39% in August, marking a continued easing trend. This decline is attributed to lower core inflation rates and a slowdown in food price increases.
United Bank for Africa (UBA) has opened a subscription channel for the highly anticipated Initial Public Offering (IPO) of Dangote Refinery, allowing both Nigerian and eligible international investors to partake in this significant industrial opportunity. This move positions UBA as a key facilitator in connecting investors with one of Africa's most impactful economic ventures.
The Federal Government has expressed its support for the MyCityApp's initiative aimed at launching a comprehensive 100-day tourism calendar designed to stimulate Nigeria's economy. This announcement was made during the Ember2Remember National Stakeholders' Conference held in Victoria Island, Lagos.
DHL Express has launched its Domestic Select service, aimed at facilitating affordable shipping solutions for businesses across Nigeria. This initiative is designed to enhance operational efficiency and support the burgeoning domestic trade sector.
On September 15, 2026, the Nigerian naira was valued at ₦1,326.30 against the dollar in the official market, while the parallel market saw rates ranging from ₦1,385 to ₦1,410. This ongoing disparity highlights the complexities of dollar access and demand in Nigeria's foreign exchange landscape.
Alhaji Aliko Dangote announces the Initial Public Offering of Dangote Petroleum Refinery, aimed at empowering Nigerians and global investors to share in Africa's industrial growth. The N2.2 trillion offer is a significant milestone for Nigeria's capital market and economic development.
The Federal Ministry of Art, Culture, Tourism and the Creative Economy has launched the 'Ember to Remember 2026' initiative, aiming to unlock Nigeria's vast potential in tourism and the creative sector. This 100-day national tourism season seeks to enhance GDP contributions, create jobs, and attract investments while positioning Nigeria favorably on the global stage.
The Nigeria Upstream Petroleum Regulatory Commission has reported a 0.4% rise in crude oil output for August, reflecting a slight recovery in the nation's oil sector. This increase, although marginal, highlights ongoing efforts to stabilize production levels amid various challenges.
In a bold assertion, economic analyst 'Tope Fasua claims that President Bola Ahmed Tinubu has successfully addressed over half of Nigeria's economic challenges within a three-year tenure. This examination delves into Nigeria's economic history to unveil the complexities and implications of these reforms.
Bamboo and Cowrywise experienced significant service interruptions as a result of the overwhelming traffic from investors eager to subscribe to the Dangote Refinery IPO. Both platforms confirmed the disruptions via social media, highlighting the IPO's impact on digital trading services.
In a bold move aimed at expanding its global footprint, Dangote Refinery has announced plans to list on the U.S. stock market within the next three to four years. This strategic decision underscores the company's ambition to capture a significant share of America's refining capacity.
The initial public offering (IPO) of Dangote Refinery has sparked a remarkable surge in investment, with billions of naira subscribed within minutes of its launch. This unprecedented interest underscores the market's confidence in the refinery's potential impact on Nigeria's economy.
