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News
With 2 entities now controlling about 50% of outstanding shares, FirstHoldco shareholders …
As the March 31 deadline for the bank recapitalisation exercise of the Central Bank of Nigeria (CBN) draws near, the apex bank says 30 banks have met the new capital requirements.
Exchange Traded Funds (ETFs) emerged as a dominant force in the equities market on Friday, March 6, climbing to the top of the performance chart and reinforcing investor confidence in diversified investment vehicles.
The default rate in Fitch Ratings’ portfolio of U.S. privately monitored ratings (PMR) rose to a new high of 9.2% in 2025, up from 8.1% in 2024.
The Nigerian Exchange (NGX) sustained its bullish momentum on Friday, closing the week on a positive note, with investors gaining N119 billion.
Brent crude price topped $90 on Friday, reaching its highest level since April 2024, as escalating conflict in the Middle East heightened concerns over disruptions to global energy supplies.
The naira depreciated slowly and steadily over 13 consecutive trading sessions at the Nigerian Foreign Exchange Market (NFEM), according to trading data tracked by MarketForces Africa.