Category : Search result: Afrinvest market outlook 2026


Niger State's N1.073 Trillion 2026 Budget Signed

Governor Umaru Bago has signed Niger State's 2026 budget of over N1.073 trillion into law, with capital expenditure exceeding N783 billion. The governor praised the Assembly for swift passage.

40 NGX Stocks Give Investors 100%+ Returns in 2025

A review of the Nigerian stock market in 2025 reveals 40 listed companies doubled investors' wealth, with 11 stocks soaring over 200%. Discover the top performers and the outlook for 2026.

NGX Adds N256bn in Festive Santa Claus Rally

The Nigerian stock market surged by N256 billion on Monday, with the All-Share Index rising to 152,459.07 points. Analysts see continued gains driven by strong fundamentals. Read the full market analysis.

Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

PDP Criticises Tinubu's 2026 'Sufferings' Budget

The Peoples Democratic Party has strongly criticised President Bola Tinubu's ₦58.18 trillion 2026 budget, labelling it a plan that deepens hardship for ordinary Nigerians. Read the full analysis.

Tinubu Presents N58.18 Trillion 2026 Budget to NASS

President Bola Tinubu presents the 2026 'Budget of Consolidation' to the National Assembly, targeting N58.18 trillion in spending with priorities on security, human capital, and infrastructure. Read the full details.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Pfizer Shares Fall on Weak 2026 Profit Outlook

Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

NAHCON's 15 New Directives for 2026 Hajj Unveiled

NAHCON has released 15 new operational rules for the 2026 Hajj, affecting flights, group movement, and medical screening. Intending pilgrims must note these changes to avoid penalties.

FG Sets 2026 Budget Exchange Rate at N1,512/$1

The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.

Major Fire Guts Jabi Wood Market in Abuja

A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.

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