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September 22, 2026 - 3:04 AM

Business

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Investors Gain N1.1tr In Three Days As Stocks Rise Despite Dangote IPO

Investors in the Nigerian equity market added N1.1 trillion in three-day trading despite the hostile Dangote Petroleum Refinery’s initial public offering.   The market value increased...

PHCN Pension Arrears: FG Completes N18.96bn Payment to 3,958 Retirees

The Federal Government, through the Pension Transitional Arrangement Directorate (PTAD), has completed the payment of N18.96 billion in outstanding pension arrears to 3,958 former...

Food Inflation Remains High At 19.57% Despite Easing Pressure

Nigeria’s food inflation rate was 19.57% year-on-year (YoY) as of August 2026, down from a huge jump in the previous month.   The consumer price index...

Nigeria’s Five REITs Hold $230m In Africa’s $30bn Market

Nigeria’s five Real Estate Investment Trusts have a combined market capitalisation of about $230 million, representing a small share of Africa’s estimated $30 billion...

World Bank Names Nobel Laureate Michael Kremer As New Chief Economist

Nobel laureate Michael Kremer has been appointed as the new Chief Economist and Senior Vice-President for Development Economics of the World Bank Group. World Bank...

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