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Otedola Hosts Yari in Monaco, Rebuffing Reports of Friction Over Geregu Bond Dispute

Billionaire investor Femi Otedola publicly dispelled reports of a rift between himself and Senator Abdulaziz Yari, posting a photo alongside the former Zamfara State...

Insurance Equities Lead Trading As NGX Turnover Declines

Three insurance equities accounted for 4.168 billion shares valued at N9.249 billion in 1,660 deals on the Nigerian Exchange Ltd. (NGX) during the week...

Mortgage Equity Access Scales as Pensioners Draw ₦92.7 Billion for Homeownership

...PenCom Net Assets Touch ₦29.5 Trillion Following Q1 Domestic Equity Rally The Nigerian pension industry expanded in Q1 2026, with Net Asset Value (NAV) rising...

FGN Debt Heavy Weighting Caps Inflation-Beating Returns for Pension Fund Contributors

The portfolio composition of Nigeria’s Contributory Pension Scheme (CPS) as of March 31, 2026, reflects a gradual structural shift. While Federal Government securities continue to...

T. Rowe Price Sees Opportunity in Nigerian Equities After 64% Global Rally

T. Rowe Price Group Inc. sees continued investment potential in Nigerian equities, even after a 64% year-to-date rally rendered the Nigerian Exchange (NGX) the...

BUA Foods Generates Half of Nigerian Consumer Goods Sector Profits in H1 2026

...Leads in in Profitability, Margins, and Valuation BUA Foods Plc reinforced its operational dominance across Nigeria’s fast-moving consumer goods (FMCG) sector in the first half...

Nigeria’s Oil Revenue Upside Narrows as Crude-Backed Debt Reaches 236,500 Barrels a Day

Nigeria has committed 236,500 barrels a day of crude production to a series of forward-sale agreements, tightening the hold that oil-backed financing has on...

FCMB Loan Cleanup Clears Path for Lending Rebound, Dividend Recovery

FCMB Group Plc’s overhaul of problem loans is beginning to restore room for credit growth and dividends, even as the Nigerian lender absorbs higher...

Geregu Power Pays ₦6 billion Owed Investors on ₦40 Billion Series 1 Bond

Geregu Power Plc has paid the sum of N6 billion (N6,026,093,363.1) owed to investors on its N40.09 billion Series 1 Senior Unsecured Bond, ending...

Carry Trade Remains Intact as FPIs Inflow $18 Billion Into Nigerian OMO Assets

Total Foreign Portfolio Investors (FPI) holdings in Open Market Operations (OMO) bills is currently estimated between $18.0 billion and $20.0 billion (excluding private placement...

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