January 2026

EU removes Nigeria from financial crime high-risk list The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update... Read More →

Recapitalisation: 20 banks hit capital mark ahead of deadline The Central Bank of Nigeria has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank shifts... Read More →

SEC hikes minimum capital for market operators in major reform Nigeria’s Securities and Exchange Commission has introduced a comprehensive revision of minimum capital requirements for nearly all capital market operators, marking the most significant overhaul since 2015. The changes, outlined... Read More →

ASHON Chairman: Inconsistent Policy Pose Biggest Challenges to Nigerian Capital Market   Congratulations on your election as the Chairman of Association of Securities Dealing Houses of Nigeria (ASHON). What is your general assessment of the current capital market environment? Thank you.... Read More →

RMB Nigeria leads Presco’s N236bn rights issue Rand Merchant Bank Nigeria Limited has acted as the lead issuing house of the N236bn rights issue undertaken by Presco Plc, working closely with Presco to structure, coordinate, and execute a seamless capital... Read More →

FG orders banks, fintechs to remit VAT on service fees The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain electronic banking services, effective Monday, January 19, 2026, according to... Read More →

NGX RegCo confirms UBA’s 3.16bn share listing The Nigerian Exchange Regulation has confirmed the admission of an additional 3.16 billion ordinary shares of United Bank for Africa Plc to the Daily Official List of the local bourse. In the confirmatory... Read More →

Champion Breweries redeems N4.21bn commercial paper notes Champion Breweries Plc has announced the successful redemption of its N4.21bn Series 1 Commercial Paper Notes at maturity, issued under its N15bn Commercial Paper Issuance Programme. The company said in a statement on... Read More →

NGX lists 3.16 billion UBA shares The Nigerian Exchange Limited has officially listed an additional 3,156,869,665 ordinary shares of United Bank for Africa Plc on its Daily Official List, marking a step in strengthening the bank’s capital base and deepening... Read More →

NGX market surges N598bn as bulls dominate trading The Nigerian Exchange Limited recorded a strong trading session on Wednesday as investor optimism returned to the equities market, pushing total market capitalisation up by N598bn to close at N106.78tn. The increase... Read More →