April 2026

DMO raises borrowing cost of FGN Bonds, crashes allotment to N485.50 billion The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government (FGN) bond auction conducted on Monday, March 30 while significantly cutting allotments to N485.50... Read More →

Naira weakens to N1,387/$ as reserves fall to $49.29 billion in March The naira weakened slightly to N1,387/$ on Tuesday, compared to N1,386.75/$ recorded in the previous session. This is according to data from the Central Bank of Nigeria (CBN). The marginal... Read More →

CBN sets tough cybersecurity timeline for banks The Central Bank of Nigeria has directed banks to complete a mandatory cybersecurity self-assessment within three weeks as part of efforts to strengthen resilience across the financial system. In a letter dated March... Read More →

Stock market rebounds as ASI rises 0.40% The Nigerian equities market snapped a recent bearish streak on Tuesday as the benchmark All-Share Index rose by 0.40 per cent to close at 201,287.78 points. This upward momentum pushed the year-to-date return... Read More →

FCMB Capital Markets tops FMDQ Fixed Income league FCMB Capital Markets Limited, the investment banking division of FCMB Group Plc, has officially been crowned the leader of the FMDQ Securities Exchange Limited’s Fixed Income Primary Markets Sponsors’ League Table for... Read More →

BUA Foods proposes N28 dividend as profits near N520bn BUA Foods Plc has signalled immense confidence in its operational strategy by proposing a record-breaking dividend payout following a stellar 2025 financial year. The food manufacturing giant announced a proposed dividend... Read More →

Naira dips to N1,380.58/$ as global tension lingers The naira weakened to N1,380.58 per dollar at the official market, declining by 1.93 per cent week-on-week, as sustained foreign exchange demand continued to outpace supply, even as oil prices surged and system liquidity remained elevated... Read More →

CBN Moves to Curb Pre-election Liquidity Risks, Signals Firm Anti-inflation Stance A report by VNL Capital has revealed that the Central Bank of Nigeria (CBN) appears to be taking a proactive stance to rein in inflationary pressures ahead of the... Read More →

SEC DG Calls for Collaboration on Capital Market Development The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama,  called for  collaboration among all stakeholders in the nation’s financial system in its current regulatory drives aimed at fully exploring... Read More →