IronHeadMiner

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Subsidy, that toxic girlfriend that must never come back even at $200 dollar oil
There is a category of ex you don’t just break up with, you block, delete, mute, and spiritually excommunicate from your life.
No follow requests accepted, no 2am calls entertained, no _“I’ve changed”_ speeches tolerated.
Nigeria and fuel subsidy need that kind of separation.
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Top 7 African countries with the highest number of billionaires in 2026
Billionaire wealth in Africa has risen significantly to $126.7 billion in 2026, driven by robust equity markets and corporate growth across sectors like telecommunications and mining. South Africa leads in billionaire numbers, showcasing the continent's economic potential.
ai-iconThe abstract is generated by AI
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Money market mutual funds with highest YTD yields in February 2026
Nigeria’s mutual fund industry keeps expanding as investors look for structured investment vehicles that provide a balance between returns, liquidity, and capital preservation.
Money market funds remain the dominant collective investment scheme, largely because they offer relatively low risk,
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BUA Cement, big banks shine as NGX hits N130trn value
The Nigerian equities market recorded a 0.54% daily gain, with the All-Share Index rising by 1,084.7 points to close at 202,559.6, as BUA Cement and tier-one banks gained.
This upward movement was supported by stronger trading activity, as volume increased to 1.75 billion shares from 948 million re
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Nigerian ETFs record mixed performance as SIAML Pension ETF 40 leads weekly gains
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) delivered mixed performance for the week ended March 13, 2026, with strong gains in a few funds offsetting steep losses in others.
Data compiled by Nairametrics Research from the NGX shows that trading activity remained moderate
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Morocco holds interest rate at 2.25% amid global uncertainty
Morocco’s central bank has retained its benchmark interest rate at 2.25 per cent, citing a stable inflation outlook despite rising global uncertainties linked to geopolitical tensions in the Gulf.
The decision was announced in a statement following the bank’s quarterly policy meeting on Tuesday.
T
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Naira holds firm at N1,844/£1 against a resilient British pound
The Nigerian naira held around the N1850/ resistance level against the British pound at mid-week trading session
According to data from the official NFEM window, the Naira is trading at an average of N1,844/£ against the British pound during the midweek trading session, maintaining a strong
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Nigeria’s food inflation hits double digits at 12.12% in February
Nigeria’s food inflation rate rose to 12.12% year-on-year in February 2026, pushing the indicator back into double-digit territory after a sharp drop to single digits in January.
Data from the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) shows that food infl
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Beware, Nigerian stocks are approaching bubble territory
What a year it has already been for Nigerian stocks. Coming on the back of gains exceeding fifty per cent last year, equities are already up roughly 27.5 per cent year-to-date.
If the more optimistic forecasts prove correct, investors could be staring at another fifty per cent rally before the year
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Wale Edun advocates for financial freedom at Nairametrics’ Money Fair
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has advocated for financial freedom among citizens.
The minister spoke during the opening of the Nairametrics financial literacy forum titled "The Money Fair," held in Lagos on Tuesday, March 17, 2026.
The event brought
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BUA Cement CFO, Company Secretary acquire shares worth over N201 million
BUA Cement has announced that Chikezie Ajaero, its Chief Financial Officer and Executive Director, purchased 350,000 shares valued at N94.46 million.
The company stated that the transaction, identified by code NGBUACEMENT3, was executed at N269.9 per share on March 13, 2026.
This follows a
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Top 10 African countries Nigeria imported goods from in Q4 2025
In Q4 2025, Nigeria's imports totaled N17.25 trillion, with a strong reliance on a few countries, notably Ghana, South Africa, and Egypt, reflecting significant foreign supply dependence amid evolving intra-African trade ties.
ai-iconThe abstract is generated by AI
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Executive luxury, shareholder poverty: The problem with corporate cover
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
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Nigerian stocks flash overbought warnings, but bulls refuse to slow down
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.
XRP-1,16%
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Ghana inflation risks rise ahead of March 18 rate decision
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
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FG unveils £746 million UK deal to modernise Nigeria’s seaports
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
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Subomi Balogun and the brilliance of institutional succession planning
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
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Is your money actually growing? What 15 years of data says about Nigerian cash returns
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,
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