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Zichis Eyes Additional N540m Monthly Earning, Animal Feed Capacity Appreciates Zichis Agro-Allied Industries Plc is ramping up production capacity and expanding its land bank, with the company’s animal feed production scaling up to five tonnes per hour, raking in additional... Read More →

Amid Excess Liquidity, Banks Deposit with CBN Drops to N91.1trn Following excess liquidity in the financial sector, banks’ deposit with the Central Bank of Nigeria (CBN) stood at N91.1 trillion in May 2026, about 0.4 per cent decline from N92.32 trillion... Read More →

Investing in youth creates meaningful impact, says FMDQ The Group Chief Operating Officer of FMDQ Group Plc, Tumi Sekoni, has asserted that achieving sustainable socio-economic development in Nigeria begins with deliberate corporate investments in financial literacy and the capacity building... Read More →

Market growth requires unity, shared faith, says Agama The Director-General and Chief Executive Officer of the Securities and Exchange Commission, Emomotimi Agama, says the regulatory framework driving the expansion of the Nigerian financial ecosystem relies heavily on institutional trust, cross-sectoral... Read More →

SEC, operators complete preparations for faster trade settlement Capital market operators have intensified extensive software and technological modifications across internal workflows, securing operational readiness ahead of the Nigerian capital market’s historic migration to a T+1 settlement cycle on Monday, June... Read More →

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  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 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, 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 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 →