News
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National Licence: Some Meet Recapitalization Thresholds, Others Still Uncertain
Ecobank Nigeria (ETI Subsidiary). Ecobank Nigeria entered the recapitalisation exercise with an eligible capital of N201 billion, already meeting the…
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Nigeria’s Banking Recapitalization: 30 Banks Clear Recapitalization Hurdle, 5 Still in Limbo
Nigeria’s banking sector has largely completed one of the most structurally significant capital exercises in its history. With 30 of…
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Nigeria’s Banking Giants Shine in Recapitalization Drive
Zenith Bank Plc. Zenith Bank raised N350.4 billion in aggregate through a rights issue of N162.08 billion (subscribed at 160.47%)…
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Equities Market Sustains Bullish Momentum on Tuesday With the NGXASI Up 0.54%; BDC Rate Appreciates to N1,395/US$1
Snapshot 1.1 NGX – Listed Equities On Tuesday, March 17, 2026, the Nigerian equities market closed on a bright note, extending…
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NGXASI Crossed the 200,000 Points Mark on Monday
As Investors Sustained Buying Interest in Blue-Chip Stocks; BDC Rate Closed Flat at N1,400/US$1 Snapshot 1.1 NGX – Listed Equities The…
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Nigeria’s Headline Inflation Moderated to 15.06% in February 2026 Despite Rebound in Monthly Price Pressures
Nigeria’s inflation rate recorded a slight moderation in February 2026, although month-on-month price pressures resurfaced after the sharp contraction observed…
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Faster Clocks, Sharper Markets: What T+1 Settlement Means for Nigeria’s Capital Market Competitiveness – OpEd
by Sola Oni Nigeria stands at the threshold of a settlement revolution. On May 29, 2026, the Central Securities…
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Alleged N8.7bn Fraud: EFCC Witnesses Reveal Bank Transactions Linking Malami’s Wife, Son
The trial of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, alongside his wife, Asabe Rakiya…
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Tinubu Backs Nigerian Media’s Fight for Fair Revenue from Big Tech, Promises Tariff Relief
President Bola Ahmed Tinubu has said his government will support the evidence-led campaign of the Nigerian media against Big Tech…
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Banks Gear Up for Recapitalization Deadline
Thirty-one banks have met the Central Bank of Nigeria’s recapitalization requirements ahead of the March 31, 2026 deadline, showcasing the…
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