IT Support

Legend Internet, Spectranet notify NGX of proposed merger Legend Internet Plc officially notified the Nigerian Exchange Limited and its stakeholders on Monday of a proposed merger with Spectranet Limited, intended to unify the businesses and operations of both entities under... Read More →

Naira gains as liquidity boost offsets reserve slide The naira strengthened in the official foreign exchange (FX) market on Tuesday, buoyed by improved liquidity conditions even as Nigeria’s external reserves extended their recent decline, highlighting the delicate balance facing policymakers.... Read More →

CBN mandates IMTOs to use naira settlement accounts for diaspora inflows The Central Bank of Nigeria has moved to tighten oversight of diaspora inflows, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts in... Read More →

NGX lifts suspension on Zichis Agro-Allied shares NGX Regulation Limited has officially lifted the suspension on trading the shares of Zichis Agro-Allied Industries Plc, following a month-long investigation into the company’s market activities. The decision, communicated via a market bulletin... Read More →

DLM Capital initiates N30bn SBCN plan with maiden payout DLM Capital Group has officially moved from proof-of-concept to proven execution, announcing the successful disbursement of the first principal and coupon payments on its Sovereign Bond-Backed Composite Notes. The payment marks... Read More →

Financial reforms gain traction with global recognition The Central Bank of Nigeria secured a major global endorsement last week after it was named Central Bank of the Year 2026 by the Central Banking Awards Committee in London, a recognition that... Read More →

Agama re-elected IOSCO regional vice chair The Securities and Exchange Commission Nigeria has announced the re-election of its director-general, Emomotimi Agama, as the Vice Chair of the Africa/Middle East Regional Committee of the International Organization of Securities Commissions. The appointment,... Read More →

Naira slips 0.91% at official window as investors appraise assets The naira depreciated by 0.91 per cent at the official foreign exchange window LAST week, closing at N1,366.23 per dollar from N1,353.9. This comes as the dollar continues to strengthen against other... Read More →

CBN targets single-digit inflation The Central Bank of Nigeria has said it is on course to reduce inflation to single digits as part of its transition to an inflation-targeting monetary policy framework. This was disclosed in a statement issued by... Read More →

NGX sees 8.761bn shares traded in three days The Nigerian Exchange Limited witnessed an extraordinary surge in activity as investors traded 8.761 billion shares valued at N267.253bn in 193,473 deals, despite a shortened trading week. This massive turnover, which occurred... Read More →