Finance & Economy
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Nigeria’s First S&P Upgrade Since 2012: A Credibility Signal Now Faces the Execution Test
On 15 May 2026 S&P Global Ratings raised Nigeria’s long-term foreign and local-currency sovereign credit ratings to ‘B’ from ‘B-’,…
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Deficits, Debt and Economic Literacy: Reading Tanimu Yakubu’s Defense of Fiscal Intervention
Tanimu Yakubu’s piece reads less like a budget briefing and more like a lecture on economic literacy aimed at Nigeria’s…
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FirstHoldCo’s N1 Trillion Bet: From Capital Compliance to Credibility Test
FirstHoldCo is asking shareholders to approve a N253.1bn capital raise at its AGM on May 29, 2026, with the aim…
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UBA’s FUGAZ Position: A Laggard in a Market Re-rating
As of May 13, 2026, the FUGAZ group is telling two very different stories. Zenith, GTCO, and First HoldCo are…
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Fidelity Bank’s Capital Raise Bought Solvency, Not Conviction
Fidelity Bank’s stock at ₦21.00-₦21.90 in mid-May 2026 looks cheap at first glance, and that’s exactly why it’s getting attention.…
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Stock Recommendation for the Week of May 11, 2026
This week’s analyst revisions across Nigerian equities suggest a market in the midst of recalibration rather than on the verge…
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45% Revenue Growth, 13% Profit Drop: Fidelity’s 2025 Paradox
Fidelity Bank’s 2025 financials tell a familiar Nigerian banking story: the top line roared, but the bottom line got clipped…
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FCMB’s Cheap Stock : A Red Flag, Not a Bargain
When FCMB took the international license during the just-concluded CBN recapitalization, the move looked like a bid to signal a…
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CBN and the Capital Gap: How Weak Oversight of Union, Keystone, Polaris, and Unity Banks Undermines Prudential Credibility
Capital is a bank’s last line of defense between confidence and collapse. In an industry built on leverage and trust,…
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NGX Rebounds Midweek as Investors Add N628.5bn on Broad-Based Buying, But FX Stability Holds the Line
The Nigerian equities market found its footing on Wednesday, May 6, 2026, with the NGX All-Share Index climbing 0.41% to…
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