In a significant development for Nigeria’s capital markets, global index provider FTSE Russell has added the country to its Watch List for potential reclassification from “Unclassified”...
FCMB Group Plc has launched a fresh N160bn public share offering as part of efforts to strengthen its banking subsidiary, First City Monument Bank, and meet...
Nigeria’s equities market is off to an upbeat start this week as analysts at Cowry Asset Management issued a fresh wave of “Buy” recommendations on five...
UAC of Nigeria PLC has officially completed its acquisition of CHI Limited, the company behind the popular Chivita juice and Hollandia dairy brands. The transaction, first...
The Nigerian Exchange Limited (NGX) opened the week on a positive note as investors recorded a gain of N115bn in market capitalisation on Monday, driven by...
DLM Capital Group, a leading Nigerian development investment bank, has successfully completed a ₦9 billion Series 1 Sovereign Bond Backed Composite Notes (SBCN) issuance. This marks...
FCMB Group Plc has reinforced its financial standing by converting a ₦23.11 billion mandatory loan, including accrued interest, into equity. This conversion resulted in the issuance...
Abdul Samad Rabiu, Chairman of BUA Group, has projected a significant recovery for the Nigerian naira, estimating that the currency could appreciate to between N1,300 and...
The Initiates Plc has disclosed a significant insider transaction involving substantial shareholder Afolayan Samuel Olajide. According to a notification dated September 26, 2025, Afolayan purchased 5,520,194...
TAJBank Limited, one of Nigeria’s fastest-growing non-interest banks, has announced that it has successfully met the Central Bank of Nigeria’s new capital requirement for national non-interest...