Sunday, April 5, 2026
FCMB beats recapitalisation deadline with N509bn capital base
FCMB Group Plc has emerged as one of the first mid-tier lenders to complete the capital raising required under the...
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30 banks clear new capital hurdle under CBN recapitalisation drive
30 banks have met the new minimum capital thresholds introduced under the ongoing banking sector recapitalisation programme, reflecting steady progress...
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Nigeria builds gold reserves with local supply chain as CBN holdings hit $3.5bn
The Central Bank of Nigeria (CBN) is increasingly turning to domestically sourced gold to strengthen the country’s external buffers, expanding...
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NGX snaps rally as N101.9bn wipeout hits market cap
The Nigerian equities market reversed its recent bullish run on Wednesday, as profit-taking and sectoral weakness dragged the benchmark index...
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Capital, infrastructure, ESG alignment key to unlocking Nigeria’s gas potential – Asalu MD, Zamam Offshore
A renewed push to unlock Nigeria's abundant domestic gas reserves is gaining momentum as industry leaders call for accelerated financing...
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Why the Dangote Refinery IPO must get it right
It would be a grievous oversight to ignore the extraordinary resilience that brought the $20 billion, 650,000-barrel-per-day Dangote Refinery to...
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IIF drives transition from gender advocacy to financial market implementation
The Impact Investors Foundation (IIF), Nigeria’s leading platform for unlocking impact capital, is set to reposition gender-smart investing from a...
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M-KOPA reports 77% income utilisation rate from smartphone financing
M-KOPA, an emerging market fintech platform, is reshaping retail credit and workforce participation in Nigeria by leveraging smartphone financing as...
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Equities rally opens debate over risk controls in stock market
A sustained rally in equities is prompting caution among market intermediaries, with brokers warning that investor exuberance may be running...
Read moreDetailsCBN cuts interest rate to 26.5% as inflation extends 11-month decline
The Central Bank of Nigeria (CBN) has begun to loosen its monetary stance after nearly two years of aggressive tightening,...
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