IronHeadMiner

The hostilities in the Gulf Region have delivered a classic terms-of-trade shock to Nigeria. Brent crude was trading at about $73 per barrel on the eve of the conflict.
It moved above $84 within days, climbed into the low 90s by the end of the week, and on Monday, 9 March, surged above $117,

Nigeria’s Securities and Exchange Commission (SEC) says it has engaged more than 500 firms as part of a broad effort to align financial technology innovation with investor protection in the country’s capital market.
The disclosure was made by SEC Director-General Emomotimi Agama during the Commissi

The Nigerian naira remained near its key resistance level against the U.S. dollar during the second trading session of the week.
The pair is moving away from the extreme volatility seen in 2024–2025 as it enters a consolidation phase.
Currently, the fundamentals are mixed; buffers have

The Nigerian All-Share Index closed the trading session of March 10, 2026, on a negative note, falling by 1,130.9 points to settle at 196,066.1.
This marks a 0.57% decline from the previous close of 197,197.0, as trading momentum continued to soften.
As a result, market capitalization slipped

Oil marketers have revealed that the pump price of petrol could have risen as high as N1,500 per litre by now if we had not improved our domestic refining capacity, especially with the likes of Dangote Refinery, and still importing most of our petroleum products.
They had rightly predicted that the

Revenue: The numbers are not shy
Revenue went from ₦40.3bn in FY2022 to ₦119.6bn in FY2023 to ₦510bn in FY2024.
To put that in perspective: the FY2024 revenue alone is more than twelve times what this company turned over just two years prior.
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Is your money actually growing?

The Federal Government has indicated it may recalibrate economic policies if the escalating geopolitical tensions in the Middle East begin to transmit shocks to Nigeria’s economy through energy markets, capital flows, and global supply chains.
In a statement released on Tuesday by the Federal

The Naira weakened to N1,425 per dollar on Monday, slipping from N1,398 per dollar recorded on Friday, as volatility in global oil prices and movements in the U.S. dollar continued to influence currency markets.
This is according to data published on the Central Bank of Nigeria’s (CBN) website on M

Forbes Magazine recently released its latest Africa Rich List and, as expected, the usual Nigerian heavyweights featured prominently.
Leading the pack is Africa’s richest man, Aliko Dangote, with a net worth estimated at $28.5 billion. Abdul Samad Rabiu follows in third place with $11.2 billion.
M

Since assuming office in June 2024 as Zenith Bank’s first female GMD/CEO, Dame Dr. Adaora Umeoji has presided over a period of exceptional performance, with shareholders’ equity rising to ₦4.73 trillion by late 2025, making Zenith Bank Nigeria’s most capitalised bank and reinforcing its

The Central Bank of Nigeria has introduced new technology-driven regulations requiring banks and other financial institutions to deploy automated anti-money laundering systems to strengthen the detection of suspicious financial transactions across the country.
The directive was contained in a

Nigeria’s diagnostic landscape is undergoing a quiet transformation.
Not long ago, accessing reliable tests outside a handful of major teaching hospitals meant long domestic travel or costly trips abroad for advanced scans, for those who could afford them.
Infrastructure was a major

Often, I am the only woman in the room – sometimes, the only African woman.
This is not a complaint, but a statement of fact. It is my starting point, and it has offered me an unexpected advantage: being the only one sharpens your awareness. You notice what others overlook.
Early in my career, I b

The Nigerian Economic Summit Group (NESG) has raised concerns over a growing deindustrialisation trend in Nigeria, warning that the country’s manufacturing sector remains weak and heavily concentrated in only a few subsectors.
The warning was contained in the group’s latest 2025 Q4 GDP Alert,

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has disclosed that the state attracted $2.73bn in capital flow in the third quarter of 2025.
According to a statement by the state government, he stated this while speaking at the John F. Kennedy Jr. Forum on Africa’s Urban Future, held at the

Nigeria’s startup ecosystem remains one of the most influential on the continent, consistently ranking among Africa’s “Big Four” startup markets alongside Kenya, Egypt, and South Africa.
These markets attracted more than 80% of venture capital flowing into the market in 2025.
Despite Nigeria’s

Nigerian Exchange Traded Funds (ETFs) on the Nigerian Exchange (NGX) experienced huge losses in February, despite a soaring month for the broader index.
Data compiled by Nairametrics Research from the NGX reported that the total amount traded for ETFs in February grew from N1.51 billion

In February 2026, several African currencies, notably Madagascar's ariary and Zambian kwacha, strengthened against the U.S. dollar due to improving macroeconomic indicators and effective foreign exchange interventions. Despite this, many currencies remained unchanged or depreciated.

Just two weeks ago, the bets were firmly on the Naira strengthening below N1,300.
Many analysts believed the currency was finally drifting toward what they considered its fair value.
Optimism was high, and for a brief moment, the Naira appeared determined to prove its critics wrong.

When Arsenal formally announced Bukayo Saka’s new contract on February 19 2026, it was a statement about where Nigerian-heritage talent now sits in the global football economy.
Bukayo Saka’s parents, Adenike and Yomi Saka, are of Nigerian Yoruba descent and emigrated to London in the 1990s as econo