Fit Row

Naira weakens to N1,349/$ as US dollar falls on Iran talks  The naira depreciated to N1,349/$ on Monday, down from N1,342.5/$ recorded at the close of trading on Friday. This is according to data published on the Central Bank of... Read More →

NGX extends trading hours The Nigerian Exchange Limited has announced the expansion of its trading hours from 9:00am to 4:00pm, effective Monday, 27 April 2026. The move is designed to deepen market liquidity, enhance price discovery, and broaden investor access.... Read More →

Shareholders hail BUA’s corporate governance Shareholders have commended the corporate governance leadership style of the chairman of BUA Group, Abdul Rabiu, urging other business leaders to emulate his compassionate approach to staff and stakeholders’ welfare. The shareholders said Rabiu has... Read More →

CBN tightens grip as interbank deficit hits N4.1tn In a strategic move to curb rising food and fuel prices, the Central Bank of Nigeria has tightened its grip on the financial system, pushing the interbank deficit to N4.1tn. By vacuuming... Read More →

Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration across Africa Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation and financial integration across the continent,... Read More →

Stock rally affirms NB leadership, says MD The leadership of Nigerian Breweries Plc has tied the recent triple-digit surge in its share price to a successfully executed business recovery plan, asserting that the company has emerged from its most turbulent... Read More →

NGX market cap surges by N1.66tn The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at N134.772tn... Read More →

Prevent global financial contagion, IMF warns policymakers The International Monetary Fund has issued a stern directive to global financial authorities to take decisive action to “prevent global financial contagion”, as the ongoing war in the Middle East creates a volatile... Read More →

Investors shift to short-dated T-bills Nigeria’s debt market is witnessing a tactical migration as investors increasingly bypass long-term bonds in favour of the short-term security offered by Treasury bills. Driven by a persistent yield curve inversion and a liquidity deficit... Read More →

CSCS launches joint account feature for collaborative investing The Central Securities Clearing System Plc has announced the launch of a new suite of investor-centric services. At the forefront of this rollout is a groundbreaking Joint Account feature, designed to streamline... Read More →