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Capital

Domestic Investors Fuel NGX 57% Surge as Foreign Participation Drops to 12.1%

BY NKECHI BAECHE-ESEZOBOR—Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, said Nigeria’s equities market recorded a 57 per cent return in the first...

Money

CBN Opens Applications for Second Cohort of Regulatory Sandbox Programme

The Central Bank of Nigeria has announced the commencement of the second cohort of its Regulatory Sandbox Programme, with a new dual-track structure...

Money

Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Director-General of the World Trade Organisation (WTO), Dr. Ngozi...

News

Again, CBN Retains Interest Rate at 26.5%

BY NKECHI NAECHE-ESEZOBOR—–Nigeria’s apex bank, the Central Bank of Nigeria retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5...

Money

UBA Announces Tony Elumelu’s Retirement, Appoints Emmanuel Nnorom as Group Chairman

United Bank for Africa Plc has announced that Mr. Tony Elumelu, Group Chairman of UBA, will retire from the Board of Directors of...

Fraud

Emefiele Trial: Witness Tells Court $6.23m Released for Foreign Election Observer Mission Was ‘Pure Theft’

BY SUNDAY SAMUEL—Proceedings in the trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu...

Capital

Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...

Money

CBN Revokes Licences of 46 Microfinance Banks

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...