Capital Market – City Business News

August 10, 2026 No Responses

SEC Urges FCT To Tap Capital Market For Abuja Infrastructure Financing

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged the Federal Capital Territory Administration (FCTA) to leverage Nigeria’s capital market to mobilise long-term financing for critical infrastructure projects rather than relying mainly on annual budgetary...

July 28, 2026 No Responses

At NASS, SEC DG Highlights 20% Ministerial Waiver, AfDB Facility For Market Surveillance

The Director-General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has disclosed that a 20 per cent waiver approved by the Minister of Finance and a facility from the African Development Bank (AfDB) have significantly strengthened the Commiss...

July 27, 2026 No Responses

CAC Insists On Registration Of FirstMonie PoS Operators

The Corporate Affairs Commission (CAC) has stepped up efforts to regulate FirstMonie Point-of-Sale (PoS) operators, directing that all businesses operating through the platform must be registered with the Commission in accordance with the Companies and Allied ...

July 20, 2026 No Responses

CSCS Declares First Ever Interim Dividend

The Board of Directors, Central Securities Clearing System (CSCS) Plc has approved an interim dividend of ₦1.00 per ordinary share for the six months ended 30 June 2026, marking the first interim dividend in the Company’s history.City Business News rep...

July 18, 2026 No Responses

ABC Transport Boosts Group-Wide Fleet Renewal With 2026 Luxury Coaches

ABC Transport Plc, Nigeria’s foremost provider of premium intercity transportation and integrated logistics services, has officially launched a comprehensive Group-wide Fleet Renewal Programme with the arrival of the first batch of its brand-new 2026-mod...

July 8, 2026 No Responses

Expert Seeks Stronger Oil, Insurance Alliance To Deepen Local Content

Nigeria’s insurance and oil and gas industries have been urged to forge stronger strategic partnerships anchored on local content development and digital transformation to accelerate inclusive economic growth and strengthen the nation’s resilience....

July 6, 2026 No Responses

My Farewell From UBA, By Tony Elumelu

Why create an institution? To ensure that an institution can live long, grow ever stronger and deliver a vision.I have never been able to look at Africa and see only borders. Where many see fifty-four separate markets, I saw one...

July 5, 2026 No Responses

Customs, UBA Deepen Trade Facilitation Partnership

The Nigeria Customs Service (NCS) and the United Bank for Africa (UBA) have reaffirmed their commitment to strengthening collaboration to advance trade facilitation and support key digital transformation initiatives, following a high-level meeting at the Servi...

July 5, 2026 No Responses

Customs, Afreximbank Deepen Trade Facilitation Partnership

The Nigeria Customs Service (NCS) has again reaffirmed its commitment to advancing intra-African trade by deepening its partnership with the African Export-Import Bank (Afreximbank) to strengthen trade facilitation, enhance customs cooperation, and accelerate ...

July 1, 2026 No Responses

Minister Advocates Commercial Dispute Tribunal To Boost Capital Market Growth

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has proposed the establishment of a specialised Commercial Dispute Resolution Tribunal to fast-track the resolution of business disputes, arguing that faster justice delivery is c...

June 17, 2026 No Responses

Photo News

His Eminence, John Cardinal Onaiyekan, Catholic Archbishop Emeritus of Abuja (left),Managing Director, Chief Executive Officer, Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON, (middle) andand Most Reverend Professor Godfrey Igwebuike Onah, Catholic Bishop of t...

May 12, 2026 No Responses

Nigerian Equities Market Surpasses N160trn As Investors Gain N3.16trillion

The Nigerian equities market extended its bullish run on Monday, with market capitalisation crossing the N160 trillion mark as investors gained a combined N3.162 trillion.Market capitalisation rose by 2.01 per cent, climbing from N157.094 trillion recorded on ...

April 27, 2026 No Responses

Alleged $6.23b Fraud: Witness Tells Court Funds Were Siphoned from CBN For ‘Foreign Observers’

A prosecution witness, Chinedu Eneanya, on Monday told Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, Maitama, Abuja, that a total sum of $6.23 billion was allegedly siphoned from the coffers of the Central Bank of Nigeria...

April 21, 2026 No Responses

Tinubu Appoints Oyedele, Removes Edun As Finance Minister

President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, effecting changes in key ministerial positions.According to a memo signed by the Secretary to the Government of the Federation, George Akume, two cabinet members—Wal...