Fit Row

Naira weakens to N1,383/$ amid further reserves drop in April 2026 The naira extended its decline on Tuesday, closing at N1,383 per US dollar as renewed pressure in the foreign exchange market coincided with a further dip in Nigeria’s external... Read More →

Subscription to FGN Bond Hits N6.8trn in Four Months on Investors’ Confidence Amid moderate yields, total subscription to FGN bonds in the first four months of 2026 surged to N6.8 trillion, representing about  87 per cent increase when compared to N3.7... Read More →

Firm unveils phone for capital market access Nigeria’s Egoras Technologies is preparing to launch a business-focused smartphone designed to give small and medium-sized enterprises direct access to capital markets, in a move that could reshape how companies raise funds in... Read More →

Stocks rally lifts market by N3.2tn The Nigerian stock market staged a recovery during Tuesday’s trading session as the overall market capitalisation advanced by N3.204tn to cross the N147tn threshold. This rebound effectively reversed previous losses and restored a bullish... Read More →

Nigeria, Ghana lead African small-cap rally African equities markets have entered a transformative phase in 2026, with small-cap stocks emerging as the primary engine of growth across the continent’s frontier bourses. Data obtained by The PUNCH from Kenya Wall Street on Sunday... Read More →

DMO to raise N700 billion on Monday, April 27 FGN Bond auction The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, is expected to raise N700 billion through a Federal Government Bond (FGN) auction scheduled for... Read More →

NUPRC urges refiners to acquire oil blocks The Nigerian Upstream Petroleum Regulatory Commission has urged members of the Crude Oil Refinery Owners Association of Nigeria to consider acquiring oil blocks in upcoming licensing rounds as a long-term solution to crude supply... Read More →

How our policies saved Nigeria from economic disaster — CBN deputy governor The Deputy Governor, Corporate Services, Central Bank of Nigeria, Emem Usoro, has lauded the ongoing reforms introduced by the apex bank, stressing that systems developed and policies implemented... Read More →

FTSE Reclassification Lifts NGX ASI by 45.05% YtD, Ranked Top 2 in Africa The Nigerian Exchange Limited (NGX) has emerged the second best performing bourse in Africa buoyed by the recent FTSE Russell reclassification of Nigeria from unclassified to Frontier... Read More →

Stock Market Advances by N861bn on Buy Interest in Blue-Chip Coys The Nigerian stock market, yesterday advanced by N861 billion boosted by buying interest that pushed market capitalisation above N141 trillion mark. Similarly the Nigerian Exchange Limited All-Share Index (NGX ASI)... Read More →