IronHeadMiner

Was at a quick meeting at the Lagos Polo Club with a former bank MD when his phone rang.
He had sent for diesel, and when they told him how much they were able to secure it for, he whistled.
He then looked up at me and said, “Edgar, I miss corporate cover.”
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CSCS, T+1

The Nigerian stock market All-Share Index (ASI) reached a new record high, hitting 200,000 points on Monday, March 16, 2026.
The ASI’s month-to-date return is now 4.48%, and its year-to-date return is 29.47%, indicating robust market momentum.
The Nigerian stock market valuation increased to N129.

Ghana’s inflation outlook faces fresh risks ahead of the Bank of Ghana’s March 18 monetary policy decision amid rising geopolitical tensions in the Middle East.
The central bank has been cutting interest rates since July 2025 as inflation slowed at a record pace.
However, Governor Johnson Asiama h

The Federal Government has unveiled a £746 million financing agreement with the United Kingdom to modernise Nigeria’s seaport infrastructure.
This was disclosed in a statement by the Special Adviser to the Minister of Marine and Blue Economy, Bolaji Akinola.
The investment targets major upgrades a

I write with joy as an alumnus of the FCMB Group.
I have just seen a report suggesting that the group has met the statutory capital requirement.
They have hit the N500 billion mark and retained their international banking licence.
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CSCS, T+1 settlement is nice to have, but is it

Treasury bills have quietly become the Nigerian allocator’s safe haven of choice.
And if you put N1 million into T-bills back in 2009, your statement today would show something like N4.7 million.
That number feels good when you look at it.
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CSCS, T+1 settlement is nice to have,

Stakeholders in the cloud services ecosystem have raised concerns that Nigeria now faces greater risks as attacks in the ongoing U.S.–Iran war shift toward digital infrastructure, particularly data centres.
Beyond the current impact on fuel prices, they noted that an attack on any of the data centr

When leaders from across Europe and Africa gathered in Paris for the 2026 Salon International de l’Agriculture, the world-renowned International Agricultural Show, it was clear that the conversation around global food systems is changing.
Agriculture is no longer simply a sector of subsistence.

When HeliOffshore and the IOGP Aviation Safety Committee convened a workshop in Lagos on 18–19 November 2025, it brought global safety frameworks directly into dialogue with West African operations.
Sponsored by SNEPCo and hosted in the heart of Nigeria’s offshore sector, the workshop created

The Deputy Director and Head of Planning, Department of Strategic Services, Nigerian Investment Promotion Commission, Abdullahi Shiru, has said negative social media comments affect the country’s investment promotions.
The official warned youths in particular against speaking “evil” about the count

The United States government has opened a trade investigation into Nigeria and 59 other economies over concerns that their trade practices may allow the importation of goods produced with forced labour.
The probe was announced in a notice issued by the Office of the United States Trade

The Nigerian consumer goods sector posted impressive sales in 2025, with the top 10 companies generating a combined N7.07 trillion in revenue.
This represented N1.56 trillion, or 28%, growth over 2024’s N5.51 trillion, signalling strong product demand across the market.
The 2025 revenue

The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion at a Treasury Bills (NTBs) auction today, March 18, bringing total short-term borrowing by the federal government to nearly N3 trillion within two weeks.
The development was disclosed in an official invitation to tender issued by the

The naira appreciated to N1,345/$ at the official foreign exchange market on Tuesday, improving from N1,355/$ recorded on Monday.
This is according to data published on the Central Bank of Nigeria (CBN) website.
Checks by Nairametrics show that Tuesday’s closing rate represents the strongest

Nigerian companies, including LemFi, Moniepoint and other financial institutions, are set to create hundreds of jobs across the United Kingdom, backed by multimillion-pound investments.
This is according to a press release published by the UK Department for Business and Trade on Tuesday,
This

In February 2026, several African currencies, particularly the Malagasy ariary, Zambian kwacha, and Seychellois rupee, appreciated against the U.S. dollar, indicating improved macroeconomic conditions and successful foreign exchange interventions.

The ongoing Middle East conflict involving the United States, Israel, and Iran has triggered mixed reactions among Nigerian air freight operators, with some reporting higher outbound cargo rates while others say their charges have remained unchanged.
Operators who spoke to Nairametrics said

The naira continued its upward momentum on Monday, appreciating to N1,355/$ at the official foreign exchange market, according to Central Bank of Nigeria (CBN) data.
The latest figure reflects an improvement from N1,363.5/$ recorded on Friday, indicating sustained gains in recent trading

BUA Cement Plc’s strong share price rally has continued into 2026, pushing the company’s valuation higher, suggesting that investors are betting on its growth prospects.
The stock closed 2025 at N178.50 but has since climbed to N270, reflecting a gain of 51.3% so far this year.
The