FMDQ Exchange records N496.61tn year-to-date turnover
FMDQ Exchange has recorded a total market turnover of N496.61tn between January and August 2026 across 162 business days, reflecting sustained liquidity and active market participation driven primarily by foreign exchange transactions and policy-linked fixed income instruments. The milestone, detailed... Read More →
NGX widens capital market access via messaging service
Nigerian Exchange Group Plc has expanded access to its NGX Invest platform with the launch of a dedicated WhatsApp subscription channel, providing retail and institutional investors with an additional pathway to participate in primary market public offers. Investors can initiate... Read More →
NASD targets N12bn Rights Issue for growth, infrastructure
NASD targets N12bn Rights Issue for growth, infrastructure NASD Plc has commenced a capital raising exercise to raise N12bn via a Rights Issue, aimed at strengthening its equity base, satisfying regulatory capital requirements, and funding its transition into a composite... Read More →
FX reforms, oil inflows push reserves above $54bn
Nigeria’s foreign reserves have increased by more than $21bn since Olayemi Cardoso became Governor of the Central Bank of Nigeria, giving the country a much bigger dollar buffer than it had when he took office. The reserves stood at $54.61bn... Read More →
Stocks hit record high as market cap reaches N163tn
The Nigerian equities market maintained a strong bullish momentum on Wednesday, as trading activities closed on a positive note across major market indicators, lifting the All-Share Index to an all-time peak. The benchmark All-Share Index advanced by 0.23 per cent... Read More →
Airtel Money announces IPO plans, targets London Stock Exchange listing
Airtel Money has announced plans to list its shares on the London Stock Exchange in a proposed initial public offering, as the African digital financial services business moves toward a potential public listing. The company, which operates across 13 African... Read More →
MTN, Legend Internet decline as Omatek extends gains
Nigeria’s listed technology and telecommunications stocks posted mixed performances on Tuesday with come major stocks coming under pressure, while others held steady or extended recent gains. The performance came a day after the Nigerian Exchange (NGX) All-Share Index crossed the... Read More →
Airtel Africa buyback hits 19.91 million shares after fresh 798,919-share purchase
Airtel Africa Plc has bought back 798,919 of its ordinary shares at a volume-weighted average price (VWAP) of 322.59 pence per share, taking the total number of shares repurchased under its ongoing buyback programme to 19.91 million. This was revealed... Read More →
OPay marks Nigeria’s eight-year journey of financial innovation
Eight years after commencing operations in Nigeria, OPay continues to build, innovate, and serve, using technology to make financial services simpler, more accessible, and more inclusive for Nigerians. For some Nigerians, OPay is an app on their phone. For others,... Read More →
ProvidusUnity Bank urges SMEs to build system-driven structures
Nigerian financial institution, ProvidusUnity Bank, has reaffirmed its commitment to empowering small and medium-sized enterprises and driving national economic expansion through a strategic partnership with BusinessDay Media on the second edition of the Go Local Summit, themed “From Market Power... Read More →









