FGN Bond Dominates Corporates in N6.95trn New Listings on NGX
FGN Bond Dominates Corporates in N6.95trn New Listings on NGX The Federal Government Securities (Bond and Sukuk) surpassed corporates in N6.95 trillion new listings on the Nigerian Exchange Limited (NGX) in the first five months of 2026 as the bourse... Read More →
Stock Market Down N366bn Week-on-Week Amid Profit-taking Activities
Stock Market Down N366bn Week-on-Week Amid Profit-taking Activities The market capitalisation of the Nigerian Exchange Limited (NGX) depreciated by N366 billion in its week-on-week (WoW) performance amid investor profit-taking in BUA Cement Plc (3.5 per cent decline). As the NGX (ASI last week... Read More →
Legend Internet repays N10bn Commercial Paper
Legend Internet repays N10bn Commercial Paper Legend Internet Plc has announced the full and timely repayment of its Series 1 Commercial Paper under its N10bn multi-layered issuance programme, marking a key milestone in the company’s engagement with Nigeria’s debt capital... Read More →
Banks, fintechs report 82,143 suspicious transactions to NFIU
Banks, fintechs report 82,143 suspicious transactions to NFIU Banks, fintech firms, insurance companies, capital market operators, and other reporting entities flagged 82,143 suspicious transactions to the Nigerian Financial Intelligence Unit in 2024 amid intensified efforts to detect money laundering, terrorism financing,... Read More →
NMDPRA enforces 3% host community fund contributions
NMDPRA enforces 3% host community fund contributions The Nigerian Midstream and Downstream Petroleum Regulatory Authority has intensified efforts to enforce the Host Community Development Trust framework under the Petroleum Industry Act 2021, ordering operators and licensees in the sector to comply... Read More →
FMDQ transactions hit $180.85bn on volume surge
FMDQ transactions hit $180.85bn on volume surge Activities in the Nigerian financial markets recorded a massive boost as the total turnover on the FMDQ Securities Exchange hit $180.85bn, driven by an unprecedented surge in transaction volumes across key market segments.... Read More →





