Nigeria has returned to a JPMorgan emerging markets bond index after an 11-year absence, giving the country’s local-currency government bonds renewed exposure to international investors. The development is more than a new line on a global investment benchmark. It marks a reversal of the conditions that pushed Nigeria out of JPMorgan’s earlier index in 2015…
The Dangote Refinery has reduced its total debt by about ₦798 billion in the first half of 2026, bringing its liabilities down to roughly ₦7.9 trillion. The reduction comes at a significant time, as the refinery has opened its historic ₦2.15 trillion Initial Public Offering to investors. According to the company’s IPO prospectus, total debt…
Katsina State has attracted more than ₦489.4 billion in investment pledges across agriculture, manufacturing, energy, technology and enterprise development, giving Governor Dikko Umar Radda’s administration a major opportunity to reposition the state as a stronger business destination in northern Nigeria. The commitments came from the state’s 2025 Economic and Investment Summit, which brought together investors,…
Nigeria’s stock market has climbed to the top of the global rankings after overtaking South Korea to become the world’s best-performing equity market in 2026, delivering another strong trading session that added ₦962 billion to investors’ wealth. The Nigerian Exchange (NGX) extended its remarkable rally as renewed buying interest in major banking, consumer goods and…
