Your daily market briefing

By Uzoma Marvellous Aliko Dangote has said the planned Initial Public Offering (IPO) of Dangote Refinery is aimed at giving ordinary Nigerians and Africans an opportunity to own a stake in one of the continent’s biggest industrial ventures. Dangote, president of Dangote Industries Limited, said the offering was designed to democratise the capital market by […] The post Dangote: We want ordinary Nigerians to own our shares appeared first on Vanguard News.

• New index covers 26 markets, with Nigeria attracting 7.4% weighting •FG: inclusion reflects growing investor confidence in current reforms Ndubuisi Francis in Abuja and Nume Ekeghe in Lagos Leading

Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has outlined a blueprint for building a resilient Nigerian economy, calling for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Alawuba made the call […] The post Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss appeared first on Vanguard News.

LASUED’s Florence Strikes Gold in Cairo, Emerges Nigeria’s Lone University Gold Medallist at FASU Games Sports247 Nigeria

The ongoing Dangote Petroleum Refinery Initial Public Offering (IPO) has become a powerful convergence: diaspora capital meeting modern fintech rails. read more Dangote Refinery IPO leverages Fintech rails to unlock diaspora billions

Chairman of Coronation Group, Aigboje Aig-Imoukhuede CFR, has described the launch of the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) on the Nigerian Exchange (NGX) as a landmark moment for Nigeria and Africa’s capital markets, highlighting the role of capital markets in financing enterprise, broadening participation in wealth creation and supporting economic […] The post Coronation Group Chairman Hails Dangote IPO as Landmark for Africa’s Capital Markets appeared first on Nairametrics.

Agora Policy: Nigeria’s 4.4% GDP Growth Not Enough to Cut Poverty, Create Jobs THISDAYLIVE

Fed raises rates for first time since 2023, Warsh says inflation still too high

Corruption, Customs racketeering, govt infighting frustrating trade with Nigeria — US Report Vanguard News

Defense tech-firm locks in $1M deal to protect critical lithium and gold mines amid $500M development push in Nigeria Business Insider Africa

By Chimaobi Nwaiwu NNEWI — Oil-producing communities in Ogbaru Local Government Area of Anambra State have decried years of alleged neglect and lack of basic infrastructure, demanding that the state government and Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) fulfil their obligations to the host communities. The communities, particularly Ogwuaniocha and Ogwuikpele, also […] The post Oil communities demand share of Anambra’s oil wealth appeared first on Vanguard News.

Dangote Petroleum Refinery has launched its N2.15tn Initial Public Offering on the Nigerian Exchange, attracting a rush of investors from the first day. Read More: https://punchng.com/refinery-ipo-dangote-woos-nigerians-investors-flood-ngx/

Nigeria wins all gold medals in women’s military beach wrestling FRCN HQ

The Federal Government has commissioned a 3.3MWp solar hybrid mini-grid with 2MWh battery storage at Yakubu Gowon University, formerly the University of Abuja, as part of efforts to improve reliable electricity supply to federal tertiary institutions. The post FG commissions 3.3MW solar mini-grid, 2MWh battery storage at Yakubu Gowon University appeared first on Nairametrics.

Dollar rises ahead of pivotal Fed rate decision, sterling slips as UK CPI heats up

Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, strengthening the country’s external position and providing additional buffers for the Central Bank of Nigeria (CBN) to manage pressure in the foreign exchange market. The post Why Nigeria’s forex reserve is swelling appeared first on Nairametrics.

Canada inflation holds steady as oil surge raises Bank of Canada rate risks

Dangote profits from Europe fuel crunch as IPO tests investor appetite Reuters

Chardan initiates Move stock with buy rating on AI infrastructure growth

By Ediri Ejoh with Agency report The Federal Government (FG) has raised N728.9 billion in bonds as part of its funding process to offset the N4 trillion legacy debt it owed electricity Generation Companies, GENCOs. Speaking at the bond launch in Abuja, TaiwoOyedele, Minister of Finance and Coordinating Minister of the Economy, said the Series-2 […] The post FG raises N728.9bn in second bond issuance for power sector debt appeared first on Vanguard News.

Saudi oil pipeline to remain offline for weeks after attack

Nigeria’s NLNG aims to start up Train 7 LNG project by end-2027 CNBC Africa

Africa’s largest oil refinery opens to public ownership The Arkansas Democrat-Gazette

Earnings call transcript: Fergo Group lifts 2025 growth outlook in H1 2026

Bernstein raises Sunbelt Rentals stock price target on demand outlook

Dollar hits two-week high as traders gear up for anticipated Fed hike on Wednesday

Sterling today: Pound fall as UK jobs data disappoints, dollar firm

Two of Nigeria’s leading corporate law firms have extended their long-running relationship with the Dangote Group after securing key legal roles in the initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE. The post Dangote extends relationship as Banwo & Ighodalo, Olaniwun Ajayi headline IPO appeared first on Nairametrics.

Morgan Stanley cuts Peloton stock rating on growth concerns

Asian currencies mixed as dollar eases, yen strengthens ahead of BoJ

Deutsche Bank upgrades Amadeus IT stock on AI resilience view

By Folarin Kehinde, Abuja ABUJA — The Federal Government has signed a ₦728.979 billion Series 2 bond under its ₦4 trillion Power Sector Debt Reduction Programme to settle verified legacy debts owed to electricity generation companies and improve liquidity in Nigeria’s power sector. The transaction comprises ₦402 billion in cash bonds raised from the domestic […] The post FG signs ₦729bn bond agreement with GenCos appeared first on Vanguard News.

Fed decision looms large; Zuckerberg on AI safety fears - what’s moving markets

He said Nigeria’s financial system must be connected to farmers, manufacturers, markets, and other productive sectors of the economy rather than merely facilitating financial transactions. The post Sanusi urges CBN to leverage Fintech Data for savings, insurance appeared first on Premium Times Nigeria.

The Kwara State Government has started monitoring beneficiaries of its Community Revolving Fund, who report expanded farmlands and increased employment. Read More: https://punchng.com/kwara-begins-monitoring-of-community-revolving-fund-beneficiaries/

Nigeria’s economic growth remains uneven, with only eight sectors recording expansion above 5% in the second quarter of 2026. The post Only 8 Nigerian sectors grow above 5% as economic expansion remains uneven — NESG appeared first on Nairametrics.

By Olasunkanmi Akoni The Lagos State Government and the state Police Command have assured traders, foreign investors and members of the public that normalcy has returned to the International Trade Fair Complex in Ojo, Lagos, following a protest by local traders over the alleged involvement of Chinese nationals in retail trading. The assurance came as […] The post Trade Fair Market calm as police probe protest appeared first on Vanguard News.

Billionaire Dangote launches oil refinery 'people's IPO', Africa's biggest Reuters

The platform was unveiled on Monday during the Ember2Remember National Stakeholders' Conference in Victoria Island, Lagos. The post FG backs MyCityApp launch of 100-day tourism calendar to drive $100bn economic growth appeared first on Premium Times Nigeria.

By Cynthia AloNigeria’s agricultural export earnings fell by 36.09 per cent year-on-year to N802.99 billion in the second quarter of 2026 (Q2’26) from N1.26 trillion in the corresponding period of 2025 (Q2 ’25), latest data from the National Bureau of Statistics, NBS, has shown.The figure also represents a 31.51 per cent decline from the N1.17 […] The post Agro exports fall 36% to N803bn in Q2 appeared first on Vanguard News.

U.S. 10-year Treasury yield tops 5% again as Fed’s Warsh spotlights inflation risk

Nigeria, India seek $15bn trade revival, renewed crude sales Realnews Magazine

An opinion piece arguing that Nigeria’s fuel subsidy was not the core economic issue, citing low tax revenue and comparing historical growth data. Read More: https://punchng.com/subsidy-was-never-nigerias-problem/

Middle East war wipes out 36 million tonnes of LNG as buyers hunt for alternatives from Africa Business Insider Africa

Dollar at highest level in almost two weeks as Fed rate hike bets hit nearly 95%

Trump calls for interest rates of 1% after Fed’s first hike since July 2023

Dollar to Naira exchange rate today, September 15, 2026 Vanguard News

The President/Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has attributed the high price of petrol in Nigeria mostly to the continuous smuggling of the commodity to neighbouring countries where it sells for much more despite the surge in prices in Nigeria. The post Dangote blames petrol smuggling for Nigeria’s high fuel prices appeared first on Nairametrics.

Loonie weakens after Fed hike as dollar gains on hawkish outlook

U.S. 10-year yield surges past 5% to highest since 2007 on Fed rate hike bets