22 Nigerian Stocks Surpass N1 Trillion Market Cap

The Nigerian Exchange (NGX) reaches a new milestone as 22 listed companies achieve a market capitalisation above N1 trillion, dominating the equity market. Discover the full list and what it means for investors.

Abdulaziz Yari Named Geregu Power Chairman

Geregu Power Plc appoints former Zamfara governor Abdulaziz Yari as chairman following Femi Otedola's resignation after selling his majority stake for N1.08 trillion. Read the full board shake-up details.

CBN's 2025 Reforms Reshape Nigeria's BDC Operations

A detailed review of the Central Bank of Nigeria's pivotal 2025 reforms, from fee waivers and the FX Code to massive licence revocations, that transformed the Bureau de Change landscape for greater stability and transparency.

Nigerian Stock Market Gains N541bn in Santa Rally

The Nigerian equities market closed the last Monday of 2025 on a bullish note, with investors gaining N541.73 billion. The All-Share Index rose 0.55% as the Santa Claus rally extended post-Christmas.

Nigeria's Q3 Current Account Surplus Falls 41%

Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.

NLC Vows to Resist Unjust Tax System

The Nigeria Labour Congress vows to reject the Federal Government's new tax reforms set for January 1, 2026, calling them distorted and unjust. President Joe Ajaero demands inclusive, transparent laws.

Farmers: Cashew Export Ban Could Worsen Poverty

Nigerian cashew farmers urge the government to drop the proposed export ban, warning it will cripple the non-oil sector and increase poverty. They call for local processing plants instead.

Oyedele, NCAA Counter Onyema's Tax Claims

Tax chief Taiwo Oyedele and the NCAA have dismissed Allen Onyema's warnings that new tax laws will cripple aviation, insisting reforms will cut airline costs. Read the full details.

FCMB Asset Management Gets N20bn Fund Approval

FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.

Kebbi Secures $200m, N220bn Investments

Kebbi State attracts major investments in renewable energy and agriculture, including a $120m solar plant and a N220bn agro-hub, to boost its economy and energy transition. Read more.

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