News
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Dangote Refinery completes landmark $2.5billion private Equity Placement
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion…
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Otedola Doubles Down: What a 22% Stake Means for First HoldCo’s Next Chapter
Olufemi Otedola is not trimming risk. He’s increasing it. On July 22, 2026, Calvados Global Services Limited, a company linked…
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Fidelity Bank Extends Lifeline to 1,000 IDPs in Plateau with Food Bank Initiative
In a significant demonstration of its commitment to alleviating hunger and supporting vulnerable communities, leading financial institution, Fidelity Bank Plc,…
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NGX’s Suspension of Aluminium Extrusion: A Necessary Stick, But a Symptom of Deeper Compliance Gaps
The Nigerian Exchange Limited’s decision to halt trading in Aluminium Extrusion Plc shares effective July 22, 2026, is textbook enforcement,…
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CBN Holds Firm at 26.5%: Patience Over a Cut as Inflation Eases but Risks Linger
The Central Bank of Nigeria has kept the Monetary Policy Rate at 26.5% for the second straight meeting, a decision…
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CBN Chooses Caution: MPR Held at 26.50% as
For a second straight meeting the Central Bank of Nigeria’s Monetary Policy Committee has kept the Monetary Policy Rate at…
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The CBN MPC Holds MPR at 26.50% for a Second Straight Meeting: Implications and Key Takeaways
For a second straight meeting, the CBN’s Monetary Policy Committee has kept the MPR at 26.50% and held all other…
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NGX Holds Its Nerve: Bullish Breadth, Selective Rotation, and FX Relief
The Nigerian stock market extended its rally on Tuesday, July 21, 2026, with the NGXASI up 0.19% to 246,659.56 and…
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FCMB: The Cheapest Tier-2 Bank the Market Still Doesn’t Trust
FCMB Group Plc closed Monday, July 20, 2026 at ₦11.80 on the Nigerian Exchange, after a 9.3% single-day jump from…
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From ₦47.90 to ₦105.50: The Billionaire, The Battle, and The Profits Behind First HoldCo’s Supersonic Rally
Something rare is happening on the Nigerian Exchange. A tier-1 bank stock has doubled in six months, hit fresh 52-week…
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