Category: Capital Market/Banking

CIBN, ICPC Academy Strengthen Ties
April 13, 2026 No Responses

CIBN, ICPC Academy Strengthen Ties

The Chartered Institute of Bankers of Nigeria (CIBN) has reaffirmed its commitment to promoting ethics and professionalism in the financial services sector following a courtesy visit by the ICPC Anti-Corruption Academy of Nigeria (ACAN) at the Bankers House in Abuja.The...
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Elumelu Welcomes 720 UBA Graduate Trainees, Confirms 300 Contract Staff As Full Employees
April 10, 2026 No Responses

Elumelu Welcomes 720 UBA Graduate Trainees, Confirms 300 Contract Staff As Full Employees

Chairman of United Bank for Africa, Tony Elumelu, on Thursday addressed 720 graduate trainees drawn from Cohorts 19 and 20 of the bank’s Graduate Management Acceleration Programme (GMAP) from across Africa.Speaking during the engagement, Elumelu said the pro...
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Pension assets hit N29.43trn
April 9, 2026 No Responses

Pension assets hit N29.43trn

NIGERIA’S pension assets rose to N29.43 trillion in February, representing a month-on-month increase of N1.39 trillion.This is according to data released by the National Pension Commission (PenCom).The latest figure represents the strongest monthly expansion...
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Nigeria Regains FTSE Frontier Market Status
April 8, 2026 No Responses

Nigeria Regains FTSE Frontier Market Status

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a major milestone in the country’s return to global investment indices and signalling fresh opportunities for international investors.The reclassification from “Unclassified” to...
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Stock Rebounds After Easter, Investors Gain N208b
April 8, 2026 No Responses

Stock Rebounds After Easter, Investors Gain N208b

The Nigerian stock market on Tuesday reopened after the Easter holiday on a bullish note, as investors recorded a gain of N208 billion amid renewed buying interest in key equities.Market capitalisation rose by 0.16 per cent, increasing from N129.806 trillion.....
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CBN Approves Flutterwave’s Banking Services Drive
April 4, 2026 No Responses

CBN Approves Flutterwave’s Banking Services Drive

FLUTTERWAVE has secured regulatory approval from the Central Bank of Nigeria (CBN) to provide banking services in Nigeria.The Founder and Chief Executive Officer of Flutterwave, Olugbenga Agboola, disclosed this in a statement issued on Friday.Agboola said the...
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Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push To 2mbpd
April 3, 2026 No Responses

Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push To 2mbpd

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for steering Nigeria’s petroleum sector to a production level of 1.84 million barrels per day.Edun gave t...
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Profit Taking Triggers N3b Loss In Stock Market
April 3, 2026 No Responses

Profit Taking Triggers N3b Loss In Stock Market

The Nigerian stock market closed on Thursday on a bearish note, shedding N3 billion in market value amid mild profit-taking.The decline was driven by sell-offs in equities, including John Holt, Abbey Mortgage Bank, International Energy Insurance, CHAMS, Tantal...
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GTCO Unveils “Take on Squad” Hackathon 3.0, Opens Call for Applications
April 3, 2026 No Responses

GTCO Unveils “Take on Squad” Hackathon 3.0, Opens Call for Applications

Guaranty Trust Holding Company Plc (GTCO) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-worl...
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Lagos Seals Access Bank Branch Over Attack On Officials
April 2, 2026 No Responses

Lagos Seals Access Bank Branch Over Attack On Officials

The Lagos State Government has sealed an Access Bank branch in Victoria Island over alleged environmental violations and an attack on its enforcement officers.This was disclosed in a Wednesday statement by the Lagos State Commissioner for the Environment and W...
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CBN Raises ₦4.65trn To Strengthen Financial System Resilience
April 2, 2026 No Responses

CBN Raises ₦4.65trn To Strengthen Financial System Resilience

THE Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.Over the 24 months, Nigerian banks raised a total of ₦4.65 trillion in new capital to strengthen the resilience...
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NGX Amplifies Youth Financial Literacy With “Smart Money Talks”
March 31, 2026 No Responses

NGX Amplifies Youth Financial Literacy With “Smart Money Talks”

Nigerian Exchange Limited (NGX) joined the global community in commemorating Global Money Week 2026, reaffirming its commitment to advancing financial literacy and equipping the next generation of investors.This year’s theme, “Smart Money Talks,” highlig...
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FG, Access Bank Reaffirm Commitment To Women Empowerment
March 30, 2026 No Responses

FG, Access Bank Reaffirm Commitment To Women Empowerment

The Federal Government (FG) has reiterated its commitment to empowering women as key drivers of the nation’s creative economy, with a focus on expanding access to finance, skills development and leadership opportunities.The Minister of Art, Culture, Tourism ...
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Nigerian Stock Market Extends Rally, Investors Gain N141b
March 26, 2026 No Responses

Nigerian Stock Market Extends Rally, Investors Gain N141b

The Nigerian stock market sustained its bullish momentum on Wednesday, advancing by 0.11 per cent as investors recorded a gain of N141 billion.The positive performance was driven by sustained investor interest in stocks such as Legend Internet, Zichis Agro All...
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