The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts linked to Crypto Bridge Exchange (CBEX) and 25 …
Capital Market
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Banking, Finance & InvestmentBusinessCapital MarketCryptocurrencyCyber securityLegal Affairs
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BusinessCapital MarketFinance & ServicesInsuranceRegulation
AXA Mansard, International Energy Insurance Project N5.53bn Profit Before Tax for Q1 2026
Two Nigerian insurance companies, AXA Mansard Insurance and International Energy Insurance Plc, have projected a combined profit before tax of about N5.53bn for the first quarter of 2026. The projections …
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BankingCapital MarketEconomyINVESTMENTStock MarketTechnology
Nigerian Stock Market Gains N2.44tn as ICT and Banking Stocks
The Nigerian Exchange Limited (NGX) ended the week on a strong note as renewed buying interest in ICT and banking stocks lifted the market by N2.44 trillion. The All-Share Index …
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The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
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BankingBusinessCapital MarketCorporate GovernanceEconomyFinanceNigeria
Access Holdings Moves to Raise N40bn Through Private
Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …
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BusinessCapital MarketEconomyInfrastructureNigeriaTechnologyTelecommunications
Legend Internet Plc Records 119.7% Oversubscription
Legend Internet Plc has achieved a major milestone after recording a 119.7 per cent oversubscription in its Series 1 Commercial Paper (CP) issuance, signalling strong investor confidence in the company’s …
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BusinessCapital MarketEconomyFinanceINVESTMENTNewsNigeria
Nigerian Equities Market Loses N444bn as Selloffs Hit Major Stocks
Nigeria’s equities market closed lower on Wednesday after a fresh wave of selloffs dragged several key stocks into negative territory, ending the market’s bullish momentum. The downturn wiped off about …
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Capital MarketFinanceGOVERNMENTInfrastructureINVESTMENTLagos News
Lagos State’s Latest Bond Issuance Records 70% Oversubscription
Lagos State has continued to strengthen its position in Nigeria’s capital market as the government’s latest bond issuance received overwhelming support from investors. The Lagos State Commissioner for Finance, Abayomi …
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Capital MarketFinanceNigeriaRegulationTechnology
SEC Pushes for Technology-Driven Compliance Ahead of 2025
The Securities and Exchange Commission has called for stronger adoption of technology-driven compliance systems across Nigeria’s capital market as preparations heighten for the SEC/Nigerian Capital Market Institute Compliance Summit 2025. …
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Capital MarketEconomyFinanceGOVERNMENTPensionRegulation
Nigeria’s Pension Assets Rise to N26.09tn as PFAs Deepen Investments in Government Securities
Nigeria’s pension fund assets continued their steady growth in 2025, rising by more than N4.71tn as of the end of the third quarter. This represents a 22.03 per cent year-on-year …