Author: Olu Anisere

South Africa’s major banks and their bank holding companies (BHCs) are well positioned …

The Nigerian stock market cap and all-share index were boosted by investors’ buying interest in top banking names, according to trading data from the local exchange.

PTDF Unveils Plans to Support Tinubu’s $1trn Economy Agenda The Petroleum Technology Development Fund (PTDF) has reaffirmed its commitment to support President Bola Tinubu’s Renewed Hope Agenda, which targets a $1 trillion economy by 2030. Prof. Shu’aibu Aliyu, the Executive Secretary, PTDF and Chairman, Governing Council, said this while inaugurating an academic programmes review committee for General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology on Friday in Kaduna. He said the fund had established two specialised institutions to meet the evolving needs of the global energy industry. He said the institutions were General Shehu Musa Yar’Adua University…

FCTA Reaffirms Commitment to Supporting Female Entrepreneurs to Thrive The Federal Capital Territory Administration (FCTA) has reiterated its dedication to supporting female entrepreneurship, driving private sector-led growth, and building an inclusive economy across the nation’s capital. FCT Minister of State, Dr Mariya Mahmoud made the commitment in Abuja on Friday, during the closing of the Women in Business and Impact Day. The day is a highlight of the Abuja Business and Investment Summit/Expo, 2026, organised by Abuja Investments Company Ltd. (AICL). Mahmoud described women entrepreneurs as “vital drivers” of job creation, innovation, family stability, and national prosperity. She emphasised the…

RMAFC Moves to Strengthen Revenue Monitoring, Fiscal Accountability The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it is pursuing institutional reforms and digital transformation to improve revenue monitoring, transparency and fiscal governance. The Chairman of the commission, Dr Mohammed Shehu, disclosed this in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja. Shehu described RMAFC as a strategic constitutional body responsible for safeguarding Nigeria’s revenue architecture and ensuring proper accounting and equitable distribution of federation revenues. According to him, RMAFC monitors revenues accruing to the federation account, tracks disbursements and advises governments on revenue enhancement…

Equities Market Records N235bn Gain The equities market recorded N235 billion gain on Friday at the close of trading, reflecting sustained bullish sentiment among investors. This marked the 3rd consecutive bullish session in the week. The performance underscored renewed investor confidence in the stock market, driven by increased demand for blue-chip stocks and sustained positive market momentum. Market capitalisation rose by 0.15 per cent, closing at N158.513 trillion from the N158.278 trillion recorded at the previous session. Similarly, the All-Share Index (ASI) appreciated by 0.15 per cent, gaining 364.26 points to close at 245,573.60, compared with 245,209.34 recorded in the…

Bitcoin (BTC) price raced ahead of $65k on Saturday on a signal that institutional and retail investors are returning to the crypto space over easing geopolitical pressures and weak US non-farm payroll data.

Beta Glass Plc’s net profit settled at about N16.2 billion in the first half of the financial year 2026

With Wall Street sold off, global equity markets experienced some portfolio rebalancing over shifting

Worldcoin (WLD) price declined 5.68% to $0.3005, significantly underperforming…