Sunday, April 5, 2026
SEC raises capital bar for market operators in sweeping reform
The Securities and Exchange Commission (SEC) has introduced a new set of guidelines that substantially raise the minimum capital requirements...
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Rising debt pressures push Africa’s sovereign borrowing to $155bn in 2026
African sovereigns are set to deepen their reliance on commercial debt markets, with long-term borrowing projected to rise to $155...
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Naira strengthens to N1,345/$ as FX market stability improves despite reserve dip
The Nigerian naira extended its recent gains on Tuesday, appreciating to N1,345 per dollar at the official foreign exchange...
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Zenith Bank targets London Listing in 2027 to deepen global capital access
Zenith Bank Plc, Nigeria’s second-largest lender by market capitalisation, has formally signalled plans to list on the London Stock Exchange...
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NOVA Bank taps Anele to lead next growth phase after recapitalisation
Jude Anele has been appointed managing director and chief executive officer of NOVA Bank Limited, following regulatory approval from the...
Read moreDetailsNaira rebounds to N1,363/$ as improved FX supply eases early-week pressure
Nigeria’s currency recovered strongly at the official foreign exchange market on Friday, with the naira closing at N1,363.5 per dollar...
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Nigerian stocks add N924bn in cautious rally as selective buying lifts key sectors
The equities market ended the week on a positive note, adding nearly N924 billion in investor wealth despite weaker participation...
Read moreDetailsNigeria gains investor favour as oil windfall supports Naira
Foreign investors are increasingly rotating into Nigerian assets as geopolitical tensions in the Middle East drive crude prices higher and...
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SEC launches FinTech clinic to align innovation with investor protection
The Securities and Exchange Commission (SEC) has launched its inaugural Regulator/FinTech Clinic, marking a new phase of engagement between market...
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African startups secure $272m in February, led by debt, equity mega-rounds
Africa’s startup ecosystem recorded a rebound in funding activity in February 2026, buoyed by several large transactions that pushed total...
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