Category: Capital Market/Banking

Lafarge Africa Attains ₦1.1trillion Revenue Milestone
February 27, 2026 No Responses

Lafarge Africa Attains ₦1.1trillion Revenue Milestone

Lafarge Africa Plc, provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a revenue milestone of N1.1 trillion in 2025, representing a 53 per cent surge from N696.8 billion recorded in the corresponding period...
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Profit-Taking Drags NGX Down By N515b
February 27, 2026 No Responses

Profit-Taking Drags NGX Down By N515b

The Nigerian stock market sustained skidding profile on Thursday, declining by 0.41 per cent and wiping out N515 billion in investors’ wealth.Sustained profit-taking in consumer goods, banking and insurance stocks weighed heavily on the market, with notable ...
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Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025
February 27, 2026 No Responses

Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025

Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the year ended 31 December 2025, reporting strong operational and financial performance driven by its first full year of offshore...
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NGX Sheds N74b As Sell Pressure Weighs On Major Stocks
February 26, 2026 No Responses

NGX Sheds N74b As Sell Pressure Weighs On Major Stocks

The Nigerian equities market remained in negative territory on Wednesday, as investors lost N74 billion amid sustained sell pressure across major stocks on the Nigerian Exchange Limited (NGX).The downturn was largely driven by losses recorded in RT Briscoe, AB...
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SEC To Deepen Liquidity As Market Capitalisation Soars 125% To N123.9 Trillion
February 23, 2026 No Responses

SEC To Deepen Liquidity As Market Capitalisation Soars 125% To N123.9 Trillion

Nigeria’s capital market has recorded a remarkable 125 per cent growth in market capitalisation since April 2024, rising from about N55 trillion to over N123.93 trillion, the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Aga...
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AfDB Approves $200m To Boost Agriculture In Nigeria
February 21, 2026 No Responses

AfDB Approves $200m To Boost Agriculture In Nigeria

The Board of Directors of the African Development Bank (AfDB) has approved$200million loan to scale up priority agricultural investments in Nigeria.In a statement posted on its website, AfDB explained that the financing would support the second phase of the Fe...
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CBN Seeks Coordinated Digital Payment Reforms At G-24 TGM 2026
February 20, 2026 No Responses

CBN Seeks Coordinated Digital Payment Reforms At G-24 TGM 2026

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for coordinated reforms in digital cross-border payments to drive inclusive growth, strengthen financial stability, and deepen global financial integration across developing economi...
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FG Re-Opens N800b Bonds For Subscription
February 18, 2026 No Responses

FG Re-Opens N800b Bonds For Subscription

The Debt Management Office (DMO) on behalf of the Federal Government (FG) has re-opened three FGN bonds valued at N800 billion for subscription at N1,000 per unit.According to a statement issued by the DMO, the first offer is a June...
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GTBank Launches Quick Airtime At 2.95%
February 17, 2026 No Responses

GTBank Launches Quick Airtime At 2.95%

Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, on Tuesday unveiled Quick Airtime Loan, an innovative digital solution designed to give customers instant access to airtime when they run out of call credit and have limited...
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Oyedele: Partnership With NANTA Key To Tax Reform Success
February 17, 2026 No Responses

Oyedele: Partnership With NANTA Key To Tax Reform Success

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism that Nigeria’s ongoing tax reforms will achieve lasting success through sustained engagement with key industry stakeholders, like the National ...
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NDIC Hosts Kano Town Hall
February 14, 2026 No Responses

NDIC Hosts Kano Town Hall

The Nigeria Deposit Insurance Corporation (NDIC) has convened a Stakeholders’ Town Hall Meeting in Kano as part of efforts to strengthen public trust in the nation’s banking system and enhance consumer protection.Themed “Strengthening Depositor Confidenc...
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SEC, NOA Partner To Combat Ponzi Schemes, Boost Investor Education
February 13, 2026 No Responses

SEC, NOA Partner To Combat Ponzi Schemes, Boost Investor Education

The Securities and Exchange Commission (SEC) has announced plans to collaborate with the National Orientation Agency (NOA) to intensify public enlightenment efforts aimed at curbing the proliferation of illegal investment schemes across the country.Director-Ge...
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Tinubu Hails BOI’s N636b Disbursement In 2025
February 12, 2026 No Responses

Tinubu Hails BOI’s N636b Disbursement In 2025

President Bola Ahmed Tinubu has commended the Bank of Industry (BOI) for disbursing a record N636 billion to businesses in 2025, describing the milestone as the highest annual financing volume in the institution’s history and clear evidence that ongoing macr...
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Invest In Capital Market, SEC Advises Civil Servants
February 11, 2026 No Responses

Invest In Capital Market, SEC Advises Civil Servants

The Securities and Exchange Commission (SEC) has urged Nigerian civil servants to take advantage of opportunities in the capital market to build wealth, enhance financial security and actively participate in national economic growth. Speaking during a strategi...
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