Fit Row

NGX sheds N259bn as All-Share Index declines The Nigerian Exchange Limited concluded Wednesday’s trading session on a subdued note, as persistent selling pressure pushed equities benchmark indicators further into negative territory. The  All-Share  Index  dropped  by  402.25  points  to  settle... Read More →

CBN’s priority is macro stability, not portfolio investment — Analysts Nigeria’s monetary policy should not be viewed as a choice between attracting foreign portfolio investments and supporting local businesses, as the Central Bank of Nigeria’s primary responsibility is to maintain... Read More →

Mutual Benefits approves N802m dividend payout Shareholders of Mutual Benefits Assurance Plc have approved a total dividend payout of N802.46m for the financial year ended 31 December 2025, following the company’s 30th Annual General Meeting. The approved payout of four... Read More →

FX turnover surges 146% to $5.05bn in one week Total turnover in the Nigerian foreign exchange market rose sharply by 146.12 per cent to $5.05bn for the week ended 21 August 2026. Data  from  FMDQ  Securities  Exchange  on  Friday  showed... Read More →

FG raises N7.62tn from bond market in eight months The Federal Government has raised N7.62tn from the domestic bond market between January and August 2026 as it continues to tap the fixed-income market to finance its budget and other fiscal... Read More →

Amid N36.2tn Subscription, CBN Raises N14.5tn via TBs as 364-day Bills Dominate Boosted by investors desire for 364-day bills in search of yield certainty, the Central Bank of Nigeria (CBN) raised an estimated N14.5 trillion via the Nigerian Treasury Bills... Read More →

Heirs Insurance Announces N115bn Premium, Pays N19.4bn Claims Heirs Insurance Group (HIG), has announced a gross written premium of N115 billion. The group announced this in its audited financial results for the year ended December 31, 2025. The N115 billion... Read More →

CBN to sell N700 billion Treasury Bills today in second August auction The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors in... Read More →

Banks account for 92% of NFIU suspicious reports The Nigerian Financial Intelligence Unit has disclosed that banks, fintech companies and other reporting entities submitted 42,082 Suspicious Transaction Reports to the agency in 2025. The figure was contained in the NFIU’s... Read More →

Firm unveils SEC-approved $150m climate fund AFC Capital Partners, the asset management subsidiary of the Africa Finance Corporation, has launched its $150m Infrastructure Climate-Resilient Fund in Nigeria following regulatory approval from the Securities and Exchange Commission. The formal signing ceremony,... Read More →