The Daily Brief Nigeria

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

NGX Weekly Sector Watch: Consumer goods gain 3% YtD but now more expensive

FILED: Sep 29, 2026 • 9:53 AM wire dispatch

A share trading well below its highest price of the year can look like a bargain. That is the picture across Nigerian consumer goods stocks: the 19 companies reviewed traded, on average, about 22% below their individual 52-week highs. The Index had gained just 2.99% year to date, making it the second-worst performer among the […].

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Makinde tackles Tinubu over new Army divisions funding in 2026 budget

FILED: Sep 29, 2026 • 9:47 AM wire dispatch

Official updates highlight key developments regarding makinde tackles Tinubu over new Army divisions funding in 2026 budget. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

investorsking.com Saved

[Business] investorsking.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

ABC Transport Extends Rally With 9.8% Gain to N5.60

FILED: Sep 29, 2026 • 10:03 AM wire dispatch

ABC Transport Plc extended its rally on the Nigerian Exchange (NGX) on Monday gaining 9.80 percent to N5.60 after recording another strong advance in the previous trading session. The transport company’s share price increased by N0.50 from Friday’s closing price of N5.10, making it the third-highest percentage gainer during Monday’s trading session.

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

Bank of Ghana Governor appoints Matilda Asante-Asiedu to GoldBod Board

FILED: Sep 29, 2026 • 9:36 AM wire dispatch

Bank of Ghana Governor Dr Johnson Pandit Asiama has appointed Second Deputy Governor Matilda Asante-Asiedu to represent him on the Board of the Ghana Gold Board (GoldBod). The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Infantino proposes additional FIFA funding for 211 member associations

FILED: Sep 29, 2026 • 9:44 AM wire dispatch

Official updates highlight key developments regarding infantino proposes additional FIFA funding for 211 member associations. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

investorsking.com Saved

[Business] investorsking.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

RT Briscoe Rally Stalls as Stock Falls 6% to N10.05

FILED: Sep 29, 2026 • 10:00 AM wire dispatch

RT Briscoe Nigeria Plc’s recent rally stalled on Monday as the stock declined 6.07 percent to N10.05 after recording strong gains in the previous two trading sessions. The company’s share price fell by N0.65 from N10.70 recorded on Friday, placing RT Briscoe among the five biggest decliners on the Nigerian Exchange (NGX) during Monday’s session.

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

GTCO’s HabariPay, pension and fund managers post N15.94 billion pre-tax profit in H1 2026

FILED: Sep 29, 2026 • 9:18 AM wire dispatch

Guaranty Trust Holding Company Plc (GTCO) generated a combined profit before tax of N15.94 billion from its three non-banking subsidiaries in the first half of 2026, underscoring the growing contribution of its fintech, asset management and pension businesses to Group earnings. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

More than half of African economies see inflation drop in August, but oil above $100 threatens gains

FILED: Sep 29, 2026 • 9:21 AM wire dispatch

Official updates highlight key developments regarding more than half of African economies see inflation drop in August, but oil above $100 threatens gains. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

investorsking.com Saved

[Business] investorsking.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

Fortis Global Insurance Leads NGX Losers With 9.5% Decline to N1.81

FILED: Sep 29, 2026 • 9:50 AM wire dispatch

Fortis Global Insurance Plc led the losers on the Nigerian Exchange (NGX) on Monday after its share price declined 9.50 percent to close at N1.81. The insurance company’s stock fell by N0.19 from its previous closing price of N2, making it the biggest percentage decliner during Monday’s trading session.

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

Petrol price volatility causing us billions in losses, Nigerians not sympathetic, oil marketers say

FILED: Sep 29, 2026 • 9:08 AM wire dispatch

Oil marketers have lamented that Nigerians are not sympathetic to the losses they incur due to volatility in the downstream petroleum sector. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Workplace leadership institute outlines three approaches to effective work assignment and delegation

FILED: Sep 29, 2026 • 9:10 AM wire dispatch

Official updates highlight key developments regarding workplace leadership institute outlines three approaches to effective work assignment and delegation. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

investorsking.com Saved

[Business] investorsking.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

CMFC Extends Winning Streak, Rises Another 9.8% to N3.58

FILED: Sep 29, 2026 • 9:23 AM wire dispatch

Critical Minerals Financing Corporation (CMFC) extended its winning streak on the Nigerian Exchange (NGX) on Monday gaining another 9.82 percent to close at N3.58 per share. The stock advanced by N0.32 from its previous closing price of N3.26, placing it among the strongest-performing equities during Monday’s trading session. The latest increase extended CMFC’s rally to […].

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

GTCO’s foreign subsidiaries contribute N262.6 billion interest income in H1 2026

FILED: Sep 29, 2026 • 8:34 AM wire dispatch

Guaranty Trust Holding Company Plc (GTCO) generated N262.58 billion in interest income from its African and United Kingdom subsidiaries during the first half of 2026, accounting for about 30% of the Group's total interest income for the period. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Royal Court School inaugurates new governing council, names ex-NLNG GM Dienye chairman

FILED: Sep 29, 2026 • 8:52 AM wire dispatch

Official updates highlight key developments regarding royal Court School inaugurates new governing council, names ex-NLNG GM Dienye chairman. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

investorsking.com Saved

[Business] investorsking.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

NGX Investors Gain N299 Billion as Market Capitalisation Hits N163.95 Trillion

FILED: Sep 29, 2026 • 9:15 AM wire dispatch

Investors on the Nigerian Exchange (NGX) gained approximately N299 billion on Monday as renewed buying interest pushed the equity market capitalisation to N163.95 trillion. Market capitalisation increased from N163.655 trillion recorded on Friday to N163.955 trillion, representing an increase of approximately N299.36 billion. The NGX All-Share Index also advanced by 453.43 points, or 0.18 percent […].

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

Mark Zuckerberg loses $12.2 billion as Meta shares slide on AI spending concerns

FILED: Sep 29, 2026 • 8:20 AM wire dispatch

Meta CEO Mark Zuckerberg lost about $12.2billion from his fortune on Monday as shares of the technology company declined amid renewed investor concerns over the scale of its artificial intelligence spending. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Kenya court pauses construction work on Dangote Lamu refinery

FILED: Sep 29, 2026 • 8:24 AM wire dispatch

Official updates highlight key developments regarding kenya court pauses construction work on Dangote Lamu refinery. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

FG releases final approved textbook list for Nigerian schools, adds QR tracking codes

FILED: Sep 29, 2026 • 8:09 AM wire dispatch

The Federal Ministry of Education has released the final list of textbooks ranked and approved for use in Nigerian schools from 2026 to 2028, introducing unique QR tracking codes to improve the monitoring of instructional materials. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Doctors raise alarm over rising heart disease risk

FILED: Sep 29, 2026 • 8:17 AM wire dispatch

Official updates highlight key developments regarding doctors raise alarm over rising heart disease risk. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

nairametrics.com Saved

[Business] nairametrics.com

❖ TELEGRAPH WIRE DISPATCH ❖

WIRE PHOTO UN-AVAILABLE

21 companies fined N30 million each for operating without SEC licences

FILED: Sep 29, 2026 • 7:34 AM wire dispatch

The Federal High Court, Lafia Division, Nasarawa State, has convicted and sentenced 21 companies for operating without licences from the Securities and Exchange Commission (SEC) and imposed a N30 million fine on each of them. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

📰 Compare Coverage Across 2 Outlets:

⚪ news.google.com 🟢 Nairametrics

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Nigeria’s shrinking bank network and the future of access

FILED: Sep 29, 2026 • 8:16 AM wire dispatch

A bank branch can disappear from a balance sheet long before it disappears from a customer’s daily calculations. The development highlights ongoing operational shifts across the sector as key stakeholders assess future outcomes.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

Top Nigerian higher institutions leading the AI revolution

FILED: Sep 29, 2026 • 8:13 AM wire dispatch

Official updates highlight key developments regarding top Nigerian higher institutions leading the AI revolution. Industry analysts and regulatory authorities are actively monitoring the situation to determine long-term socio-economic implications.

0 0 0

Listen Share Story Card View

READ →

Business

businessday.ng Saved

7-Fifteen Capital Hosts Dep. Governor of Lagos, Dr. Obafemi Hamzat, for an Evening with Lagos Business Leaders

FILED: Sep 29, 2026 • 8:09 AM wire dispatch

7-Fifteen Capital, a luxury real estate development company, hosted Dr. Obafemi Hamzat, Deputy Governor of Lagos State and the All 7-Fifteen Capital Hosts Dep. Obafemi Hamzat, for an Evening with Lagos Business Leaders.

0 0 0

Listen Share Story Card View

READ →