February 2026

Lagos lists N244.8bn dual bonds on NGX The Lagos State Government has formally listed two massive bonds totalling N244.815 bn on the Nigerian Exchange Limited. This was disclosed in the weekly market report of the NGX on Friday. The listings... Read More →

Naira trades N1,430/$ at parallel market The naira strengthened to between 1,425 and 1,430 per dollar at the parallel market following the Central Bank of Nigeria’s renewed directive allowing the sale of foreign exchange to Bureau De Change operators, a... Read More →

SEC seeks NOA partnership to curb illegal schemes The Securities and Exchange Commission has expressed openness to collaborating with the National Orientation Agency to enlighten Nigerians on illegal investment schemes. The Director-General of the SEC, Dr Emomotimi Agama, stated this... Read More →

Many Ponzi victims are civil servants – SEC DG The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has stated that many victims of Ponzi schemes in Nigeria are civil servants, warning public workers to avoid investing in... Read More →

NGX: Investors rake in N4.14tn in three days Investors have pocketed approximately N4.14tn in gains over the three trading days of this week on the Nigerian Exchange Limited, with market capitalisation swelling to N114.38tn by the close of Wednesday’s trading... Read More →

Naira set to strengthen with new BDC dollar limit Financial market analysts have said that the naira would strengthen as the Central Bank of Nigeria announced that licensed Bureau de Change operators can purchase up to $150,000 weekly. The experts... Read More →

SUNU Assurances to raise N9.3bn via Rights Issue SUNU Assurances Nigeria Plc has officially moved to bolster its capital base, with the Board of Directors unanimously approving a plan to raise up to N9.34bn through a Rights Issue to existing... Read More →

Naira maintains strength, closes N1,351/$ at official window The naira sustained its appreciation trend at the Nigerian Foreign Exchange Market, closing at 1,351.02/dollar on Tuesday. This ongoing strengthening seen at the start of the month continued into the latest session,... Read More →

FX volatility, rising claims squeeze underwriters’ profits to N108.4bn Nigeria’s insurance industry suffered a sharp decline in profitability in 2025, as foreign exchange volatility, weaker investment income, and increased claims combined to drive performance down. According to an analysis of... Read More →

Nigeria posts $10.83bn trade surplus on stronger exports Nigeria recorded a trade surplus of $10.83bn, with exports of $44.06bn outpacing imports of $33.23bn, and strengthening its external trade position, in the first nine months of 2025. Data from the Central... Read More →