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Market Snack Archive

Market Snack - October 19, 2026

Generated Oct 19, 06:00 WAT

Top movers

Thomas Wyatt NigeriaTHOMASWY

₦2.42
+10.00%

eTranzact InternationalETRANZACT

₦17.30
+9.84%

Austin Laz & CompanyAUSTINLAZ

₦2.92
+9.77%

Top stories

Macroeconomy · BusinessDay

Energy security a partway to digital inclusion – Okwuosa

Energy sector stakeholders called for greater investment to improve reliable energy security, describing it as a foundation for digital inclusion. The discussion took place at an engineering conference in Port Harcourt, where Oilserv Group chairman Emeka Okwuosa was conferred as a Fellow.

Macroeconomy · Nairametrics

Nigeria, Benin, Cameroon partner Afreximbank on border modernisation

The Nigeria Customs Service and customs administrations in Benin and Cameroon are partnering with Afreximbank on a regional border modernisation programme. The initiative aims to improve cross-border trade, customs procedures and infrastructure, and advance the African Continental Free Trade Area.

Macroeconomy · Nairametrics

Nigeria’s imported food Price growth slows to 9.2%, lowest in six months

Nigeria’s imported food price index rose 9.19% year on year in September 2026 to 135.5, based on calculations using the latest National Bureau of Statistics data. The annual growth rate was its slowest since March, down from the index level of 124.1 in September 2025.

Macroeconomy · Nairametrics

FG rules out return to fuel subsidy, multiple exchange rates

The Federal Government ruled out restoring fuel subsidies and multiple exchange rates, reaffirming its commitment to economic reforms. Finance Minister Taiwo Oyedele said the government aims to turn stabilisation gains into investment, economic growth and job creation.

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