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September 22, 2026 - 9:04 AM

Business

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NGX Market Cap Hits N159.9tr As Trading Volume Doubles

The Nigerian Exchange (NGX) extended its bullish run on Thursday, with market capitalisation rising by N1.18 trillion to N159.9 trillion from N158.71 trillion recorded...

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...

FG, States, LGs Get N2.338tn as Statutory Revenue Falls by N1.5tn

The Federal Government, states and local government councils have shared N2.338 trillion in revenue for August 2026, following a sharp drop in statutory earnings...

Nigeria’s Energy Inflation Rises To 4.69% In August

Nigeria’s energy inflation rate jumped to 4.69% in August 2026 from 4.40% in July, ending the decline that was recorded in the previous month.   The...

NGX Starts Week Higher As Banks Support Market

The Nigerian equities market opened positively weekly as the All Share Index gained 0.10 percent to 243,299.24 points on Monday.   Market capitalisation rose by N159.8...

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