Ogochukwu Onwaeze, THEWILL

The ASI opened at 247,699.78 points but fell 2,897.67 points to close at 244,802.11. Similarly, market capitalisation declined by N1.879 trillion, from N160.600 trillion at the opening to N158.721 trillion at the close.

The exhibition, scheduled for November 26 to 28, 2026, will bring together vehicle manufacturers, equipment suppliers, distributors and mobility solution providers, creating opportunities for Nigerian businesses to establish partnerships and expand access to regional markets.

PremiumTrust Bank has received credit rating upgrades from Agusto & Co. and DataPro Limited, with both agencies citing the lender’s stronger capital position, sound asset quality, liquidity and financial performance.

The warning comes as the Kenyan government seeks to balance its drive to attract foreign investment with concerns from local traders who say foreign nationals are increasingly competing with them in small-scale commercial activities.

The fintech launched its ‘PalmPay Dey For You’ campaign as concerns over fraud, account security and the reliability of digital financial services continue to attract attention among Nigerian consumers.

Nigeria’s corporate growth story is increasingly moving beyond the traditional strategy of expanding sales in the domestic market.

System liquidity increased from ₦3.6 trillion in the previous week, supported largely by banks’ placements at the Central Bank of Nigeria’s Standing Deposit Facility and inflows from maturing securities.

Six Nigerian companies have been added to the FTSE Frontier 50 Index following the latest semi-annual review by the global index provider, FTSE Russell, marking a significant step in Nigeria’s return to the global frontier-market benchmark.

Data from the National Bureau of Statistics showed that total merchandise trade rose to N41.44 trillion, representing a 5.61 percent increase from N39.24 trillion recorded in Q2 2025 and a 19.13 percent rise from N34.79 trillion in Q1 2026.

The signing ceremony for the Dangote Petroleum Refinery’s initial public offering marked a major step in the company’s plan to take the refinery to the capital market.