Letter From Aluko Tolulope Abayomi By Okey Ikechukwu He was a visually challenged young man whom I call “Okurin Meta”. I first heard this Yoruba expression (literally “three men” in one) back in 1989, when I was still a lecturer at the University of Lagos. It...

Naira Gains in Black Market, Slides at Official Window on Jan 9 The naira strengthened against the U.S. dollar on Friday, January 9, in the parallel market, but weakened slightly at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the...

Equities Strengthens as NGX Market Cap Gains N138bn   Nigerian equities closed the trading session on a positive note on Thursday as the total market capitalisation of the Nigerian Exchange Limited (NGX) increased by N138bn, reflecting modest investor optimism despite mixed trading activity across sectors. At the...

Telcos, Banks Get March Ultimatum on Airtime Refunds   Banks and telecommunications operators in Nigeria have been given a March 1, 2026, deadline to fully implement a new refund framework aimed at resolving persistent consumer complaints over failed airtime and data transactions. The deadline follows the conclusion...

Oil Regulators Renew Cooperation to Boost Investments   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have renewed efforts to enhance regulatory efficiency and foster investment in the country’s oil and gas sector, signalling a new era...

Tinubu Hails NGX's N100trn Milestone, Encourages Investment   President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as a signal of a “new economic reality”...