#USD/NGN — FinScans

News 🌐 Macro

Dangote Refinery Raises $400 Million Before $2 Billion Nigeria IPO

August 18, 2026 (39 days ago)

Dangote Refinery raises $400 million pre-IPO capital for a $2 billion Nigeria listing, highlighting investor confidence in African energy infrastructure.

USD/NGN DANGCEM UKOIL

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News 🌐 Macro

Rate Cut Case Strengthens as Nigeria July Inflation Slows

August 17, 2026 (39 days ago)

Nigeria's July inflation slowdown strengthens the case for monetary easing, with potential gains for Nigerian bonds and pressure on the naira as…

NGN10Y USD/NGN

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News 🌐 Macro

Nigeria Secures $4.5 Billion Oil-Backed Loan to Bolster Foreign Reserves

August 4, 2026 (52 days ago)

A $4.5 billion oil-backed loan aims to lift Nigeria’s reserves, potentially easing naira pressure and shifting near-term oil supply expectations.

USD/NGN USOIL

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News 🌐 Macro

Nigeria's Central Bank Sets 2028 Goal for Inflation Target Transition

July 30, 2026 (57 days ago)

Nigeria's central bank plans to adopt an inflation targeting regime by 2028, a move expected to strengthen the naira and Nigerian bonds…

USD/NGN NGA_10Y NGSEINDX

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News 📈 Stocks

Dangote Targets $100 Billion Empire With Oil and Fertilizer Expansion

July 24, 2026 (63 days ago)

Dangote sets a $100 billion valuation target for his conglomerate, focusing on oil and fertilizers to transform Nigeria’s economy and lift his…

DANGCEM USD/NGN DSUGAR

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News 💱 Forex

Dangote Ends Dollar Gasoline Pricing, Returns to Naira, Easing FX Pressure

July 23, 2026 (65 days ago)

Dangote Group's decision to revert to naira-denominated gasoline sales after a brief dollar switch alleviates foreign exchange pressure, supports the Nigerian naira,…

USD/NGN

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News 💱 Forex

Dangote Refinery Switches to Dollar Pricing, Ending Naira Sales of Refined Oil in Nigeria

July 14, 2026 (73 days ago)

Nigeria’s Dangote Refinery ends naira pricing for oil products, forcing buyers to pay in dollars and raising costs for Africa’s largest economy.

USD/NGN NGSE NG10Y

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News 🌐 Macro

StanChart Flags Slower Nigerian Rate Easing as Inflation Fears Mount

July 13, 2026 (74 days ago)

Standard Chartered predicts slower Nigerian interest rate cuts as rising inflation expectations reduce the scope for monetary easing, supporting the naira and…

USD/NGN

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News 📈 Stocks

Nigeria's Stock Rally Spurs Frontier Market Ambitions as Reforms Gain Traction

July 10, 2026 (78 days ago)

Nigeria's equities rally to historic peaks on reform momentum, reigniting hopes of returning to MSCI's frontier market index and drawing foreign investment…

NGSEINDX USD/NGN FM

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News 🏭 Commodities

Renaissance Strikes Oil in Nigeria's Former Shell Block, Boosting Local Production

July 7, 2026 (80 days ago)

Renaissance's oil discovery in a former Shell field in Nigeria raises local output prospects and questions about Shell's asset sales.

USOIL USD/NGN SHEL

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News 🌐 Macro

Tinubu's Pro-Market Reforms Lift Nigerian Stocks but Alienate Voters

July 2, 2026 (86 days ago)

Nigeria's market-friendly reforms spike equity values but fuel political backlash as Tinubu confronts a cost-of-living crisis before the polls.

NGSEINDX USD/NGN

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News 🌐 Macro

Nigeria Begins Hunt for Advisers to Execute Eurobond Sale, Tapping Global Markets

June 29, 2026 (89 days ago)

Nigeria launches adviser search for a Eurobond offering, aiming to bolster foreign reserves and lock in lower borrowing costs amid favorable EM…

USD/NGN

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