The Nigerian stock market closed lower in mid-week trading on Wednesday, May 20, 2026, reversing the previous session’s gains as profit-taking in selected large- and mid-cap stocks outweighed buying interest…
Chip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand for its artificial intelligence hardware powered another blockbuster quarter. The…
The naira experienced a slight depreciation against the United States dollar on Tuesday, May 19, 2026, according to data published by the Central Bank of Nigeria (CBN). The currency traded…
The Nigerian equities market opened the week on a cautious note on Monday, May 18, 2026, extending the mild pullback recorded in the previous trading session as investors continued profit-taking…
Recent data from the Central Bank of Nigeria (CBN) indicated that the official naira exchange rate was around ₦1,371 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday.…
The Debt Management Office (DMO) has allotted N4.074 billion in its May 2026 Federal Government of Nigeria (FGN) Savings Bond issuance. According to the auction result released by the DMO…
The Nigerian equities market closed lower on Friday, May 15, 2026, extending losses from the previous trading session as profit-taking activities continued to pressure major equities across key sectors. The…
The Nigeria Securities and Exchange Commission (SEC) has directed all existing and prospective collateral management companies, warehouse operators, and warehouses operating within Nigeria’s commodities trading ecosystem to register with the…
The Debt Management Office (DMO) has announced a new auction for a Federal Government of Nigeria (FGN) bond valued at N600 billion, scheduled for May 2026. According to the offer…
Femi Otedola, the Chairman of First HoldCo Plc, acquired additional shares of the company on Wednesday, valued at approximately N43.41 billion. This transaction was reported in a regulatory filing submitted…