Fit Row

Unilever Nigeria to pay shareholders N18.67 billion dividend for 2025 Unilever Nigeria Plc has approved the distribution of N18.67 billion to shareholders as dividend for the 2025 financial year following resolutions passed at its Annual General Meeting (AGM) held on May 8,... Read More →

Naira weakens to N1,375/$ as dollar steadies amid renewed Middle East tensions The naira weakened slightly against the United States dollar on Monday, closing at N1,375/$ in the official foreign exchange market amid renewed global market uncertainty linked to rising... Read More →

Equities market gains N3.17tn as ASI crosses 250,000 mark The equities market extended its bullish run on Monday as the All-Share Index crossed the 250,000-point mark, with investors gaining over N3tn amid sustained buying interest in key stocks. Data from... Read More →

CBN cautions non-interest banks on governance weaknesses The Central Bank of Nigeria has warned non-interest financial institutions against governance and compliance risks capable of undermining public confidence and financial stability in the country’s growing Islamic finance sector. The warning was... Read More →

External reserves shed $855 million in five weeks Nigeria’s external reserves declined by approximately $855 million within five weeks, falling from $49.18 billion on April 1, 2026, to $48.33 billion as of May 7, 2026. This is according to the... Read More →

Access ARM Pensions posts N42.4bn revenue, declares N2m dividend Access ARM Pensions has posted a sharp rise in revenue in its first full financial year following the merger between Access Pensions and ARM Pensions. The results underscore the scale benefits... Read More →

NGX RegCo secures N500m restitution for shareholders NGX Regulation Limited (NGX RegCo) has successfully facilitated recoveries exceeding N500m for shareholders following the resolution of various complaints involving market operators. The independent regulatory arm of the Nigerian Exchange Group recently achieved... Read More →

CBN pushes stricter oversight after banking sector recapitalisation Following banks’ N4.65tn recapitalisation, the Central Bank of Nigeria is tightening governance standards, risk controls, and board accountability to strengthen stability and economic growth resilience, JUSTICE OKAMGBA writes The Central Bank of... Read More →

NGX RegCo tightens rules for online trading platforms, warns brokers   NGX Regulation Limited (NGX RegCo) has tightened compliance requirements for online trading platforms, warning that Trading Licence Holders (TLHs) deploying digital trading systems without prior regulatory approval could attract sanctions.... Read More →

NGX market capitalisation drops to N153.86tn on selloffs The Nigerian equities market retreated into negative territory on Thursday as a massive wave of sell-offs in large-cap stocks erased N1.922tn from the total market capitalisation. This downturn was primarily driven by... Read More →