Nigeria spent N5.28 trillion servicing domestic debt in the first half of 2026, according to the Debt Management Office. Interest and rental payments accounted for N4.95 trillion of the total.
The IMF has backed the Central Bank of Nigeria’s September interest-rate cut, citing progress in reducing inflation while monetary policy remains tight. The rate reset is a relevant macroeconomic development for Nigerian equities.
The IMF said the CBN’s September interest rate cut was appropriate, noting progress in reducing inflation while monetary policy remains tight. The assessment concerns Nigeria’s monetary policy and economic conditions relevant to the equities market.
Housing experts have called for affordable rental schemes, innovative construction methods and new financing to improve access to housing in Abuja. The discussion was reported alongside Abuja Properties Development Company’s 20th anniversary.
Aliko Dangote said the IPO would prioritise people investing N50,000 or less and described it as an opportunity for Nigerians to own a stake in a landmark industrial enterprise.
The article says Nigerian banks are well capitalised, profitable and holding substantial cash, while government borrowing is taking funds that businesses need to grow. It frames public debt as a constraint on private-sector financing, with implications for the wider Nigerian economy.
Dangote Petroleum Refinery and Petrochemicals FZE is extending its $1.6 billion IPO offering to Egypt to attract additional African investors. The expansion broadens the investor outreach for the refinery’s share sale.
Zenith Bank is positioning to expand its presence in East Africa following its acquisition of Paramount Bank in Kenya. The development concerns the Nigerian-listed lender’s international expansion.
$CMFC maintaining its uptrend after a brief visit to the lows of 3.11.
Looks like CMFC support around this 3naira per share area held. Current price: 3.85.
I remain bullish above 3naira
#cmfc #ngx https://t.co/QTLs4bgOzt https://t.co/RRPESW8q10
An expert says Finance Minister Taiwo Oyedele’s economic management strategy is focused on long-term national revenue, infrastructure development and job creation. The item discusses broad economic priorities rather than specific NGX companies or securities.
Olisa Agbakoba has urged candidates in Nigeria’s 2027 presidential election to present clear petroleum pricing policies. The proposal concerns fuel pricing and could be relevant to the operating environment for Nigerian listed oil and gas companies.
CBN Governor Olayemi Cardoso said Nigeria’s $55.1 billion foreign exchange reserves provide a buffer against global economic shocks and help protect Nigerians from external pressures.
The Nigerian equities market was marginally bullish on Wednesday, reversing two consecutive days of declines. The move was supported by a broad-based rally across mid- and small-cap stocks, while the report’s headline says the bull market remains intact.
@MyFCMB please I need help knowing the state of the FCMB shares I got for my child since 2024… I expect that dividend would be dropping in the account we provided, but nothing since that time.