Category: Capital Market/Banking

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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SEC Nigeria DG, Agama Re-Elected AMERC Vice Chair
March 24, 2026 No Responses

SEC Nigeria DG, Agama Re-Elected AMERC Vice Chair

The Securities and Exchange Commission Nigeria (SEC Nigeria) has announced the re-election of its Director-General, Emomotimi Agama, as Vice Chair of the Africa/Middle-East Regional Committee (AMERC) of the International Organization of Securities Commissions ...
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Stock Market Sheds N1.38trn Amid Profit-Taking Pressure
March 24, 2026 No Responses

Stock Market Sheds N1.38trn Amid Profit-Taking Pressure

The Nigerian equities market opened the week on a negative note on Monday, as market capitalisation dropped significantly by N1.375 trillion, or 1.07 per cent.The downturn was primarily driven by losses in key stocks, including Consolidated Hallmark Holdings, ...
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Stock Market Rally Yields N687b Gain For Investors
March 18, 2026 No Responses

Stock Market Rally Yields N687b Gain For Investors

The Nigerian stock market sustained its bullish run on Tuesday, as investors gained N687 billion amid continued buying interest in key equities.The positive sentiment was driven by strong performances in high-capitalised stocks, including BUA Cement, Premier P...
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Popoola In London, Highlights Nigeria’s Capital Market Re-rating
March 17, 2026 No Responses

Popoola In London, Highlights Nigeria’s Capital Market Re-rating

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Temi Popoola, has said Nigeria’s capital market is undergoing a re-rating as global investors begin to reassess the country’s economic trajectory and investment pot...
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