Fit Row

The Nigerian equities market closed the four-day trading week in negative territory as profit- taking across major sectors dragged main indices lower, while overall trading activity contracted significantly following the public holiday declared on Thursday, 1 October, 2026, in commemoration... Read More →

The Central Bank of Nigeria (CBN) returned about N10.89tn to the financial system in September 2026 through the repayment of maturing Open Market Operations (OMO) bills, even as it sold fresh securities worth N17.51tn during the month. The repayments, which... Read More →

Nigerian businesses continued to face significant operating pressures in September, with multiple taxation, insecurity and elevated interest rates emerging as the biggest obstacles to business activity, according to the Central Bank of Nigeria. The findings were contained in the apex... Read More →

For more than two years, Nigerian businesses faced a difficult combination of high operating costs and expensive credit. Manufacturers borrowed at rates that squeezed already thin margins, smaller businesses struggled to finance working capital, while investors earned unusually high returns... Read More →

The Nigerian equities market closed the final trading session of September on a bearish note, as profit-taking dragged key benchmark metrics lower, eroding N425.73bn in investor wealth. At the close of transactions on Wednesday, the All-Share Index of the Nigerian... Read More →

Wall Street stocks rose early Wednesday following a stable US inflation reading and data showing better hiring than expected. Government data showed the US Federal Reserve’s preferred inflation gauge stood at 3.4 per cent year-on-year in August, unchanged from the... Read More →

Liquidity in Nigeria’s banking system climbed sharply to N8.84tn ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills, raising expectations of a substantial cash withdrawal from the financial system. The latest liquidity position represents... Read More →

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said it does not have a fixed date for its proposed Initial Public Offering (IPO), noting that the final decision to proceed rests with its shareholders. Bayo Ojulari, Group Chief Executive... Read More →

The foreign exchange market in Nigeria experienced a notable surge in activity for the week ended 25 September, 2026, driven by strong growth across both spot and derivatives transactions. According to market data released by FMDQ Group Plc, total turnover... Read More →

The Chartered Institute of Bankers of Nigeria is launching a strategic initiative to ensure macroeconomic gains reach the real economy and ordinary households as ongoing banking sector reforms and recapitalisation strengthen the balance sheets of the country’s top-tier lenders. Speaking... Read More →