NGX Reclassifies Lafarge, Guinness into High-Priced Stock Class The Nigerian Exchange (NGX) has announced the reclassification of WAPCO Plc and…

African Eurobonds Face Sell Pressure Ahead of Fed Rate Action With yields surging across top issuers, African Eurobonds came under…

Excess Liquidity: Banks Placements at SDF Window Rise to N3.2trn Deposit money banks’ (DMBs) placements at the Central Bank of…

Non-Bank Corporates Drive Inflow into FX Market, Offshore Bets Ease Non-bank corporates drove FX inflows into the Nigerian market, as…

CBN Sells $150mn to Boost Forex Supply in Currency Market The Central Bank of Nigeria (CBN) sold $150 million to…

Nigerian Upstream Regulator Reduces Oil Blocks Signature Bonus The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set the signature bonus…

SEC Sets 2026 Recapitalisation Plan The Securities and Exchange Commission has confirmed plans to begin recapitalisation for all capital market…

Fitch Affirms Saudi Aramco at ‘A+’ with Stable Outlook Fitch Ratings has affirmed Saudi Arabian Oil Company’s (Saudi Aramco) Long-Term…

NUPRC Denies Withholding Exploration Fund, Says $185m, N14.9bn Released to NNPC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed…

Insurance, Banking Stocks Boost NGX All-Share Index Insurance and banking stocks were top active securities that drove the Nigerian Exchange…