Market Updates

Nigeria sees strong FX inflows as investor confidence returns Nigeria’s growing foreign-exchange inflows point to a gradual yet significant improvement in investor sentiment after years of instability. In this analysis, SAMI TUNJI explores how recent CBN reforms have driven the recovery, the risks that could still undermine the progress, and... Read More →

Abia strengthens investment appeal, partners bank Abia State has strengthened its investment appeal as Zenith Bank Plc declared its strong commitment to partner with the state government to attract sustainable investments, reaffirming confidence in Governor Alex Otti’s economic reforms and credibility. In his speech at the recent pre-event luncheon in... Read More →

Lontor secures N1.2bn investment from eight partners Lontor Hi-Tech Development Company has secured a boost for its 2026 growth strategy as eight partners committed a combined N1.2bn to the company’s newly launched Wuling Bus Partnership Programme. The investment was announced through a statement signed by the Head of Marketing of... Read More →

In Show of Confidence, Investors Oversubscribe Lagos N200bn Bond In a historic show of confidence, investors have oversubscribed Lagos State’s N200 billion Conventional Bond. The transaction was overbooked by 55 per cent, yielding N310 billion. The overwhelming reception from the investment community represented a historic demonstration of trust in the... Read More →

SEC, FMBN collaborate to tackle housing deficit The Securities and Exchange Commission and the Federal Mortgage Bank of Nigeria have announced a strategic collaboration to develop a robust non-interest mortgage ecosystem. This was disclosed in a statement from the SEC on Friday, indicating that the partnership is aimed at tackling... Read More →

Champion Breweries holds signing ceremony for N15.9bn Rights Issue Champion Breweries Plc has held a formal signing ceremony to advance its plan to raise N15.9bn through a Rights Issue to existing shareholders. A statement from the firm on Sunday said the ceremony, held on Friday, marks a significant milestone in... Read More →