August 17, 2026

NGX weekly trading volume surges 127% to N176bn Trading activity on the nation’s bourse recorded a sharp increase in the week ended 14 August 2026, as investors exchanged 12.153bn shares valued at N176.058bn across 224,146 deals. The performance represents a... Read More →

FX turnover declines 44.9% to $2bn Total turnover in the foreign exchange market reported by FMDQ Securities Exchange experienced a sharp decline for the week ended Friday, 14 August 2026, falling 44.90 per cent to $2,054.89m compared to $3,729.44m recorded... Read More →

CBN boosts FX interventions to $953m as demand rebounds The Central Bank of Nigeria sharply increased its foreign exchange interventions in March 2026, supplying $953.41m to the market, indicating a renewed effort to support liquidity after weak sales in the... Read More →

OMO yield premium attracts N4.93tn investor demand Investors placed N4.93tn worth of bids for the Central Bank of Nigeria’s Open Market Operations bills on Thursday, underscoring the strong demand for high-yield short-term instruments amid elevated interest rates. The amount subscribed... Read More →

Investors show strong appetite for BOI’s N250bn bond Investors have shown strong appetite for long-term domestic assets as the Bank of Industry Limited successfully closed its maiden N250bn Series 1 Fixed Rate Bond, with the offer oversubscribed. The bond was... Read More →

Banks, fintechs report 42,082 suspicious transactions to NFIU Banks, fintech operators and other reporting entities submitted 42,082 Suspicious Transaction Reports to the Nigerian Financial Intelligence Unit in 2025, as financial institutions stepped up compliance with anti-money laundering regulations amid tighter... Read More →

Geregu: Concerns Mounts over Utilisation of N40bn Bond Issued Under Previous Management The recent corporate debt default by Geregu Power Plc has raised concerns as to how the proceeds of the N40 billion series 1 senior unsecured bond was used.... Read More →