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  • Nairametrics (Nigeria)Markets

    NCDC identifies two suspected Ebola cases, traces 53 primary contacts

    The Nigeria Centre for Disease Control and Prevention (NCDC) has identified two additional suspected cases of Ebola virus disease and 53 primary contacts as authorities intensify efforts to contain the infection in Nigeria. The Director-General of the NCDC, Dr Jide Idris,…

  • Nairametrics (Nigeria)Markets

    Robert Mbonu and the N200 billion Nigerian art market

    The Nigerian Art market is valued at about $144 million, which gives us roughly N200 billion. The market however remains in its infancy. You can count Nigerian artists who have broken into the mainstream global art world with the fingers on your right hand. Robert Mbonu, the…

  • Nairametrics (Nigeria)Markets

    Domestic equity trading hits N13.52 trillion, surpasses full-year 2025

    Domestic investors traded N13.52 trillion worth of equities on the Nigerian Exchange (NGX) in the first nine months of 2026, exceeding the N9.27 trillion recorded throughout 2025 by N4.24 trillion, or 45.73%. The post Domestic equity trading hits N13.52 trillion, surpasses…

  • Nairametrics (Nigeria)Markets

    AfDB raises $2.5 billion in global bond as orders hit $4.8 billion

    The African Development Bank (AfDB) has raised $2.5 billion through a three-year global benchmark bond after investor orders reached $4.8 billion, nearly twice the amount issued. The post AfDB raises $2.5 billion in global bond as orders hit $4.8 billion appeared first on…

  • Nairametrics (Nigeria)Markets

    FMDQ turnover hits N551.23 trillion in nine months as FX, OMO lead

    Trading turnover on the FMDQ Exchange reached N551.23 trillion in the first nine months of 2026, equivalent to $403.08 billion, with foreign exchange and Open Market Operations (OMO) bills accounting for nearly two-thirds of market activity. The post FMDQ turnover hits N551.23…

  • Nairametrics (Nigeria)Markets

    NGX Group’s pre-tax profit rises 83% to N20.58 billion in 9M 2026

    Nigerian Exchange Group Plc (NGX Group) has reported an 83.29% year-on-year increase in group profit before tax to N20.58 billion for the nine months ended September 30, 2026, compared with N11.23 billion in the corresponding period of 2025. The post NGX Group’s pre-tax profit…

  • Nairametrics (Nigeria)Markets

    Stanbic IBTC pension business posts N52.58 billion pre-tax profit in 9M 2026

    Stanbic IBTC Pension Managers Limited recorded a profit before tax of N52.58 billion for the nine months ended September 30, 2026, making it the largest profit contributor among Stanbic IBTC Holdings Plc’s non-bank subsidiaries with separately disclosed results. The post Stanbic…

  • Nairametrics (Nigeria)Markets

    Unilever Nigeria announces Chika Nwobi’s retirement after nine years on Board

    Unilever Nigeria Plc has announced that Chika Nwobi will retire from its board of directors on December 31, 2026, after nearly nine years as an Independent Non-Executive Director. The post Unilever Nigeria announces Chika Nwobi’s retirement after nine years on Board appeared…

  • Nairametrics (Nigeria)Markets

    Geregu Power signs Siemens transformer deal after sharp revenue decline

    Geregu Power Plc has signed an agreement with Siemens Energy for three generator transformers to strengthen plant reliability, following a sharp decline in electricity revenue during the first half of 2026. The company disclosed the agreement in an October 23, 2026 announcement…

  • Nairametrics (Nigeria)Markets

    SEC establishes Unclaimed Monies Office to help investors recover funds

    The Securities and Exchange Commission (SEC) has established an Unclaimed Monies Office to help investors resolve issues involving unclaimed funds, providing a direct channel for complaints without lengthy processes. The post SEC establishes Unclaimed Monies Office to help…

  • Nairametrics (Nigeria)Markets

    Coronation Insurance revives minority buyout, seeks SEC approval for delisting

    Coronation Insurance Plc has renewed its application for regulatory approval of a scheme to buy out minority shareholders and delist its shares from the Nigerian Exchange Limited. The post Coronation Insurance revives minority buyout, seeks SEC approval for delisting appeared…

  • Nairametrics (Nigeria)Markets

    Sanwo-Olu says Lagos delivered 10,623 housing units across 23 estates

    Lagos State Governor Babajide Sanwo-Olu says his administration has delivered 10,623 housing units across 23 estates in the state’s five administrative divisions since 2019. The post Sanwo-Olu says Lagos delivered 10,623 housing units across 23 estates appeared first on…

  • Nairametrics (Nigeria)Markets

    NSIA, partners award $277,000 to 7 Nigerian startups at Demo Day

    The Nigeria Sovereign Investment Authority (NSIA) and its partners have awarded $277,000 to seven Nigerian startups through the fourth edition of the NSIA Prize for Innovation (NPI). The post NSIA, partners award $277,000 to 7 Nigerian startups at Demo Day appeared first on…

  • Nairametrics (Nigeria)Markets

    FG adds 640MW transmission capacity to national grid with six new substations

    The Federal Government has commissioned six transmission substations in Kano and Katsina states, adding 640 megawatts (MW) of electricity transmission capacity to the national grid as it intensifies efforts to strengthen Nigeria’s power infrastructure. The post FG adds 640MW…

  • Nairametrics (Nigeria)Markets

    NGX reverses gains as bearish pressure wipes out N516 billion in market value

    The Nigerian Exchange Limited (NGX) reversed its brief upward traction on Wednesday, returning to negative territory as N515.95 billion was wiped out of equities market capitalisation. The post NGX reverses gains as bearish pressure wipes out N516 billion in market value appeared…

  • Nairametrics (Nigeria)Markets

    NBTI unveils $600 million investment pipeline through global partnerships

    The National Board for Technology Incubation (NBTI) says it has unlocked investment and development-finance pipeline exceeding $600 million through international partnerships, including a $500 million solar-energy partnership and a $100 million financing memorandum of…

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