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Money & Markets
Fitch Predicts Rising Climate Risks For Nigerian Banks
Nigeria's banking sector faces mounting climate-related risks that could materially weaken banks' credit…
Reject N100 Note, Face Sanctions, CBN Warns
The Central Bank of Nigeria (CBN) has warned individuals, businesses, financial institutions, and other economic…
NGX Turnover Slumps To 2.88 Billion Shares As Market Capitalisation Rises To…
Trading activity on the Nigerian Exchange (NGX) declined sharply during the holiday-shortened trading week,…
Nigeria Rolls Out First Corporate Plastic-Linked Sustainability Bond In Africa
FMDQ Group PLC has entered into a sustainable-finance partnership with FC4S Lagos, FSD Africa, Chapel Hill Denham,…
Investors Eye First HoldCo’s N450.9bn Profit After FBNQuest Exit
First HoldCo Plc has announced the successful completion of the sale of its entire equity stake in FBNQuest…
Electronic Payments Transactions Hit ₦384tn In July—CBN
Electronic payment transactions in Nigeria rose sharply to ₦384tn in July 2025, marking a significant increase…
Wema Bank Concludes ₦150bn Rights Issue, Meets Commercial Banking Regulatory…
Wema Bank Plc has announced the completion of its ₦150bn Rights Issue, which opened on April 14th,2025, and closed…
ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC
The Securities and Exchange Commission (SEC) has unveiled plans to drive the adoption of International…
Tariff Hike Boosts Market Capitalization Of MTN, Airtel By N5.5tn
Shares of MTN Nigeria Plc and Airtel Africa Plc have recorded a combined market capitalization gain of ₦5.51tn in…
SEC Clears N23.4bn Lagos Eko Rice Contracts For Listing
The Lagos Commodities and Futures Exchange (LCFE) and stakeholders in the commodities ecosystem have held the…