September 16, 2026

Two of Nigeria’s leading corporate law firms have extended their long-running relationship with the Dangote Group after securing key legal roles in the initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE. According to Nairametrics’ review of the... Read More →

Nigerian banking stocks have rallied strongly in 2026, adding more than N11 trillion in market value in less than nine months. However, several of the country’s largest banks still trade below the valuations of comparable African lenders, with some below... Read More →

Trading on the Nigerian Exchange (NGX) closed higher on Tuesday, September 15, 2026, with the All-Share Index (ASI) rising by 1,005.27 points 0.41% just as the market capitalisation increased by N650 billion to close at N158.4 trillion, up from N157.75 trillion... Read More →

The Nigerian Exchange posted an upbeat session on Tuesday as aggressive buying in heavyweight financial and energy equities lifted the market capitalisation by N650bn to close at N158.40tn, up from N157.75tn recorded in the previous trading session. The benchmark All-Share... Read More →

Rand Merchant Bank Nigeria has acted as Joint Issuing House on the issuance of the Bank of Industry’s inaugural domestic Naira-denominated N274.18bn five-year fixed-rate bond due 2031, marking the largest debt capital markets issuance by a Development Finance Institution in... Read More →

Presco Plc has approved a final dividend of N14.66 per 50 kobo ordinary share for the financial year ended December 31, 2025, bringing its total dividend payout for the year to N44.66 per share. The decision was ratified by shareholders... Read More →

Creditville Nigeria Limited has expanded its stake in Chams Holding Company Plc through the acquisition of 500,000 ordinary shares valued at N1.71m. The development was disclosed in an official corporate notification released to the Nigerian Exchange Limited and signed by... Read More →

FirstBank Nigeria Limited and the University of Lagos have reaffirmed their joint commitment to driving academic research, ethical leadership, and structured support for small and medium-sized enterprises across the country. The institutions demonstrated this partnership at the FirstBank Samuel Asabia... Read More →

Trading activity in the Nigerian foreign exchange market experienced a significant surge during the business week ending September 11, 2026, driven by strong growth in both spot transactions and foreign exchange derivatives. Data released by the FMDQ Securities Exchange showed... Read More →