News
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First HoldCo’s N253bn Mandate: From Compliance to Ambition as Otedola Eyes N1tn Capital Crown
Shareholders of First HoldCo Plc rewrote the group’s capital playbook at the 14th AGM on May 29, 2026; the approved…
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The N2 Billion Mirror: What the Forfeiture of a Bank Staff’s Assets Tells Us About Nigeria’s Financial System
On May 14, 2026, Justice Emeka Nwite of the Federal High Court, Abuja, ordered the final forfeiture of assets worth…
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OSUN 2026: Dumping Omisore, a Political Succide
The road to Osun 2026 is already drawn on the walls of the All Progressives Congress, and one line is…
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When the Giants Sneeze: NGX Sheds N2.28 Trillion as Blue-Chip Profit-Taking Tests a 56% Rally
June 4, 2026 The Nigerian equities market stretched its losing streak to three sessions on Wednesday, and the damage was…
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N5 Trillion Vanished in 3 Days: The NGX “Bloodbath” Isn’t the Crisis — It’s the MirrorJune 4, 2026
Call it a bloodbath if you want, because N5 trillion wiped off the NGX since June 1 makes for good…
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The N680bn Lesson: How Elumelu Turned Five Months in Seplat Into a Blueprint for African Capital
Five months ago, $500m bought you a seat at Seplat’s table. Today, it buys you a masterclass in how to…
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Nigeria’s Financial Market Offerings this Week from June 3, 2026
The week of June 3, 2026 presents one of the most active cross-asset pipelines in the current quarterly cycle, with…
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Ceasefire Uncertainty Remains the Biggest Driver for Oil Markets – OIR 020626
The global oil market is increasingly being shaped by geopolitics rather than pure supply-demand fundamentals. While OPEC+ continues its measured…
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Profit-Taking Meets T+1: What the N478bn NGX Pullback Really Says About Nigeria’s Market MoodJune 02, 2026
The Nigerian equities market bled N478.68bn on Tuesday, but the number alone misses the point. The real story from June…
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Fitch’s Nigerian Banks Credit Outlook: From Recapitalisation Compliance to Capital Productivity
Fitch’s June 2026 credit outlook for Nigerian banks reads less like a victory lap and more like a handover note.…
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