February 2026

Oando to raise N220.79bn via rights issue Oando Plc has formally submitted an application to the Nigerian Exchange Limited seeking approval to list a rights issue of 4,415,867,342 new ordinary shares as part of a capital-raising initiative that would generate... Read More →

FX for business travels soar by 366% to $672m More Nigerians gained access to foreign exchange, boosting their spending on business travels by 366 per cent to $672.27m in the first nine months of 2025, up from $144.19m recorded in... Read More →

Ecobank Nigeria fully repays $300m Eurobond Ecobank Nigeria has repaid the outstanding principal and accrued interest on its original $300m Eurobond due 16 February 2026. In an announcement on Wednesday, the lender said the repayment marked a significant milestone in... Read More →

Nairagram Completes ₦10bn Capital Raise to Deepen Financial Connectivity Across Africa Nairagram, a leading pan-African payments and financial infrastructure company, has completed its ₦10 billion Commercial Paper issuance, fully subscribed within 48 hours of going to market.The organisation stated that... Read More →

NGX adds N5.1tn as ASI tops 190,000 points Trading on the Nigerian Exchange Limited soared on Monday, with the benchmark All-Share Index reaching a new historic high amid sweeping buying interest across the banking, industrial, and consumer sectors. The ASI... Read More →

FG to borrow N800bn via February bonds The Debt Management Office has unveiled plans to raise N800bn through its February 2026 Federal Government bond auction, reflecting a sharp increase compared to the corresponding period last year, though lower than the... Read More →

65% Nigerians demand lower interest rates as MPC convenes –Report As members of the Monetary Policy Committee of the Central Bank of Nigeria prepare for their next meeting, fresh survey results indicate that most Nigerians want lending rates reduced, despite... Read More →

Naira stabilises on $44bn export Nigeria’s total exports in the first nine months of 2025 outpaced the corresponding period of 2024 by $3.76bn. The figures feed into the improving local currency amid calls for inclusive gains for businesses and households.... Read More →

Pension reforms lift NGX 6.16%, add N6.79tn The Nigerian equities market experienced a massive bullish run during the past week as a major regulatory shift by the National Pension Commission triggered a wave of institutional buying. The NGX All-Share Index... Read More →

UACN lists N54.03bn bond on FMDQ Exchange The FMDQ Securities Exchange Limited has approved the listing of UAC of Nigeria PLC’s N54.03 billion bond on its platform in a move aimed at advancing Nigeria’s debt capital markets and facilitating sustainable... Read More →