- Risk-Off Mood: NGX Index Drops, Investors Lose N262 Billion
- Cardano Extends Rally on RealFi Launch, Payments Partnership
- AI Poses Risks to Financial Markets, Bank of England Chief Warns
- Oil Prices Ease on Supply Boost Expectation, Brent Dips to $101
- South African Rand Weakens, Demand Keeps US Dollar Firmer
- Micron Technology Tokenised bStocks Up on Q4 Earnings Beat
- Wall Street Climbs, FTSE 100 Dips as 30-Year Gilt Yield Tops 6%
- Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn
Companies
GCR Ratings has affirmed HBM Nigeria Plc’s national scale long-term and short-term issuer ratings of AA+(NG) and A1+
Livestock Feed Exit: UACN Rationalises Portfolio to Boost Capital Efficiency …
Swift Telephone Network Secures NCC Licence to Operate Nationwide …
Fitch Ratings has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also removed the National Long-Term Rating from Rating Watch Positive (RWP), affirmed it at ‘AA-(nga)’ and assigned a stable outlook.
Fitch Ratings has affirmed Guaranty Trust Holding Company Plc’s (GTCO) and Guaranty Trust Bank Limited’s (GTB) – its main operating subsidiary – Long-Term Issuer Default Ratings (IDRs) at ‘B’. Fitch has also affirmed their National Long-Term Ratings at ‘AA+(nga)’.
Fitch Ratings has affirmed Stanbic IBTC Holdings PLC’s and Stanbic IBTC Bank Ltd.’s – its banking subsidiary – National Long-Term Ratings at ‘AAA(nga)’ with stable outlooks.
In capital markets, there are moments when rhetoric becomes irrelevant, and conviction is measured only in cash deployed. Today, Wednesday, May 13, 2026, delivered one of those moments.
MTN Group (MTN) released an update for the first quarter ended 31 March 2025. Service revenue increased 20.5% to R56.7 billion. The topline was buoyed by 5.4% increase in customer base, which expanded to 312.7 million.
NBET Finance Company Plc has listed N500 billion fixed rate bonds on the FMDQ Exchange, according to an official statement.
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