Global crude oil prices surged over 3% after US-Iran hostilities, pushing Brent to $76.48. Nigerian filling stations adjust pump prices upward as depot costs rise, ending recent reductions.
Larry Page tops the list of richest Jews in the world with $306 billion in 2026, followed by Sergey Brin. The list includes tech moguls, hedge fund managers, and philanthropists.
Nigeria reduces import duty on used vehicles from 15% to 5% and new vehicles from 20% to 10% under 2026 fiscal measures, as announced by Customs CG Adewale Adeniyi.
Akwa Ibom State paid N81.06 billion in pensions and gratuities under Governor Umo Eno in three years, surpassing the N70.07 billion paid in the last four years of the previous administration.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nigeria's mortgage assets are under ₦1 trillion, less than 1% of GDP, compared to South Africa's 16%, highlighting a severe housing finance gap.
The ₦17.45 billion owed by Benin, Togo, and Niger is a residual service charge on a trade secured by guarantees since 2019, not a sign of exploitation.
The IMF has lowered its 2026 global growth forecast to 3.0%, citing the Middle East conflict offset by AI-driven demand, with Nigeria projected to grow 4.1% in 2026.
Nigeria's new Green Tax imposes environmental levies on high-emission vehicles while reducing import duties, reshaping car prices for buyers and dealers.
Babatunde Fashola disclosed that Lagos reduced land price to secure the Dangote Refinery, crediting Commissioner Olusola Oworu for arguing the long-term economic gains outweighed immediate revenue.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The Central Bank of Nigeria confirms that all versions of the ₦100 banknote remain legal tender, urging businesses and the public to stop rejecting them over false expiry claims.
Shareholders of FCMB Group Plc have approved a total dividend of N23.08 billion for the 2025 financial year, representing a 50 kobo per share payout, at the company's annual general meeting.
PenCom begins reviewing the Pension Reform Act 2014 after 12 years without amendment, targeting implementation gaps, improved retirement outcomes, and expanded coverage for women and informal workers.
The Nigerian naira emerged as Africa's second-best-performing currency in the first half of 2026, appreciating 3.36% against the US dollar despite global shocks from the US-Iran conflict.
De Beers slashes diamond prices by up to 15% as weak demand from China and India pressures the market. The move aims to stabilize the industry amid oversupply and shifting consumer preferences.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Governor Sanwo-Olu and Minister Umahi assert that the Lagos-Calabar Coastal Highway is not responsible for recent flooding in Lagos, citing drainage and climate factors.
IPMAN says petrol prices could fall below N800 per litre following a direct purchase agreement with Dangote Refinery, ending reliance on costly private depots.
Nigerian rice prices drop significantly, with a 50kg bag now selling between ₦40,000 and ₦87,000, offering relief amid food inflation.
The naira traded at ₦1,367.29/$1 in the official market on July 7, 2026, while the parallel market saw the dollar climb to ₦1,400, driven by sustained demand for foreign currency.
Nigerian equities surged by N3.17 trillion in the past week, extending a market recovery driven by gains in banking, consumer goods, and oil sectors.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The Central Bank of Nigeria will auction N2 trillion in treasury bills in July 2026, the largest monthly sale this year, aiming to manage liquidity and control inflation.
The federal government has called on Dangote Refinery and fuel marketers to lower petrol prices, reflecting declining global crude oil costs, in a meeting convened by NMDPRA.
Federal workers demand N300,000 minimum wage and immediate payment of outstanding arrears, citing economic hardship and rising cost of living.
Nigeria warns petroleum marketers not to use old expensive inventories to keep petrol prices high, insisting lower replacement costs must benefit consumers.
The CBN's N2 trillion T-bill issuance plan for July 2026 has triggered a record squeeze in the market, driving yields sharply higher as liquidity tightens.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The naira remains stable as the CBN's hawkish monetary policy and increased oil production bolster foreign exchange reserves, reducing pressure on the currency.
Dangote Refinery has cut its ex-depot petrol price by over N200 per litre since May 30, 2026, with the latest reduction to N1,075. Further cuts are expected as cheaper crude inventories enter production.
Amid the NGX sell-off, investors can use three fundamental tests—earnings quality, debt levels, and cash flow—to identify resilient stocks for H2 2026.
The CPPE projects stronger Nigerian economic growth in H2 2026, citing lower inflation, exchange-rate stability, and improved investor confidence, while warning of election risks.
The Nigerian naira stabilised at N1,370.1904 per US dollar despite reduced trading activity, as CBN intervention strengthened the market and global oil prices rose slightly.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Dangote Refinery announces fourth PMS price cut in a month, reducing ex-depot price by N50 per litre to N1,075, citing lower production costs despite high crude purchase prices.
