September 2026

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 →

Investors poured a whopping N1.5 trillion into the Dangote Petroleum Refinery and Petrochemicals (DPRP) Initial Public Offering (IPO) within first hour after the offer opened on Monday, September 14, 2026, on the Nigerian Exchange (NGX), signalling strong institutional and retail... Read More →

The Dangote Refinery IPO is officially here, with the offer opening today, September 14, 2026. Tagged “The IPO of the People,” the shares are being offered at N525 per share through an offer for subscription. This is important because it means the money... Read More →

Aliko Dangote, President and Chief Executive Officer of Dangote Industries Ltd., says the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals (FZE) will democratise wealth creation for ordinary Nigerians and investors globally. Addressing the global capital market community... Read More →

Former Chairman of Odu’a Investment Company, Dr Segun Aina, has urged the government to invest in human capital, strong institutions and ethical leadership, warning that infrastructure alone cannot guarantee Nigeria’s sustainable development. Aina, a former banker, stated this in his... Read More →