Fit Row

Naira posts mixed performance, trades 1,480/$ at parallel market The naira recorded a mixed performance on Wednesday, with the currency depreciating slightly at the official window to 1,420.69/$ while appreciating in the parallel market to 1,480/$. According to Nigerian Foreign... Read More →

Recapitalisation signals new era for Nigerian banking The Central Bank of Nigeria, led by its Governor, Olayemi Cardoso, has sustained momentum around its vision of promoting regulatory excellence while reinforcing the foundations of Nigeria’s financial system. Central to this effort... Read More →

Equities gain as NGX posts N6.88bn modest growth The Nigerian Exchange Limited closed Wednesday’s trading session on a positive note, as equities gained marginally amid broad-based buying interest that lifted market capitalisation by N6.88bn. At the close of trading, the... Read More →

Investors watch yields as CBN sells N1.15tn bills The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with... Read More →

Gains in Zenith Bank, 38 Others Lift Stock Market to Positive Territory The Nigerian stock market yesterday regained positive momentum amid demand for Zenith Bank Plc and 38 others that lifted  market capitalization by N93 billion. Following a 0.8 per cent increase in... Read More →

IMF pushes for stronger public finances The International Monetary Fund has called on governments to rebuild fiscal capacity and keep public debt under control as spending pressures rise. In its 13-page World Economic Outlook update, published on Monday, the Fund... Read More →

NGX recovers, adds N93bn to market capitalisation Stocks closed higher on Tuesday as the Nigerian Exchange reversed losses from the previous session, with market capitalisation rising by N93.48bn to N106.44tn from N106.34tn on Monday. The All-Share Index also edged up... Read More →

Stocks, dollar, treasuries slide on US-Europe trade tensions Stocks, United States long-dated Treasuries, and the dollar declined sharply on Tuesday as investors reacted to renewed trade tensions between the United States and Europe, according to Reuters. The move reversed gains... Read More →

FG doubles January bond borrowing to N900bn The Federal Government has moved to significantly scale up domestic borrowing, planning to raise as much as N900bn from its January 2026 bond auction. The amount doubles the N450bn it targeted in January... Read More →

NGX begins week in red, sheds N10.9bn The Nigerian Exchange started the week on a bearish note as the market capitalisation fell by N10.9bn at the close of trading on Monday. Data released by the exchange showed that a total... Read More →