Fit Row

CBN bets on rules to stabilise FX market For years, Nigeria’s foreign exchange market has been shaped as much by uncertainty as by supply and demand. Importers complained about delays and documentation bottlenecks. Exporters often questioned whether existing procedures encouraged... Read More →

NGX index slips 0.35% amid broad market decline The Nigerian equities market closed on a bearish note on Tuesday as widespread profit-taking and sell-offs in medium and large-capitalised stocks dragged down the overall performance of the bourse. Consequently, the All-Share... Read More →

CBN faces N10.90 trillion liquidity surge in June on N7.77 trillion OMO maturities The Central Bank of Nigeria (CBN) is set to confront renewed liquidity management pressures in June 2026 as Nigeria’s financial system is projected to receive N10.90 trillion... Read More →

NGX turnover slips to 2.39bn shares in short week The Nigerian capital market ended the week on a resilient note despite a sharp 38 per cent decline in turnover caused by the two-day Eid al-Adha public holidays. Although trading activity... Read More →

Nigeria capital market begins shorter settlement cycle The Nigerian capital market on Monday achieved a historic milestone with the successful transition to a T+1 settlement cycle, becoming the first market in Africa to implement the shortened settlement framework designed to... Read More →

Shareholders of VFD Group Approve N0.25 Dividend Per Share The shareholders of VFD Group Plc at its 10th Annual General Meeting (AGM) in Lagos approved the management’s N0.25 dividend per  share for the financial year ended December 31, 2025. The meeting with... Read More →

Analysts: Stock Market Sentiment to Remain Broadly Cautious in June Capital market analysts have urged investors to trade cautiously in the Nigerian equities market  in June 2026, shifting focus to fundamentally strong stocks with attractive valuations. This is coming at... Read More →

Zichis Eyes Additional N540m Monthly Earning, Animal Feed Capacity Appreciates Zichis Agro-Allied Industries Plc is ramping up production capacity and expanding its land bank, with the company’s animal feed production scaling up to five tonnes per hour, raking in additional... Read More →

Amid Excess Liquidity, Banks Deposit with CBN Drops to N91.1trn Following excess liquidity in the financial sector, banks’ deposit with the Central Bank of Nigeria (CBN) stood at N91.1 trillion in May 2026, about 0.4 per cent decline from N92.32 trillion... Read More →

Investing in youth creates meaningful impact, says FMDQ The Group Chief Operating Officer of FMDQ Group Plc, Tumi Sekoni, has asserted that achieving sustainable socio-economic development in Nigeria begins with deliberate corporate investments in financial literacy and the capacity building... Read More →