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Chairman of FirstHoldCo, Femi Otedola, has appealed to the President of Dangote Group, Aliko Dangote, to allocate $100 million worth of shares to him in the proposed listing of Dangote Petroleum Refinery & Petrochemicals. He disclosed that he divested his…
Read moreThe Central Bank of Nigeria conducted its Treasury Bills Primary Market Auction on Tuesday, May 20, 2026, allotting a combined N829.32 billion across the three tenors, with the bulk of allotments concentrated on the one-year paper. The post CBN allots…
Read moreMiskay Boutique International Limited (“Miskay” or the “Company”), one of Nigeria’s leading fast fashion retail platforms, is pleased to announce the successful and timely redemption of approximately ₦278.8 million under its Series 1 Commercial Paper issuance. The redemption reinforces Miskay’s…
Read moreNigeria’s three biggest cement producers; Dangote Cement, BUA Cement and Lafarge Africa delivered strong profitability expansion in their Q1 2026 results. The post Dangote, BUA, Lafarge’s Q1 2026 margin expansion and shareholders’ return outlook appeared first on Nairametrics.
Read moreMutual fund and pension fund managers closely monitor the Central Bank of Nigeria’s Monetary Policy Rate (MPR) decisions because shifts in interest rates directly influence portfolio performance, asset allocation, and expected returns across both fixed income and equity markets. The…
Read moreThe FMDQ Exchange recorded a total market turnover of N249.18 trillion between January and April 2026, equivalent to approximately $180.85 billion, as trading activity remained robust across fixed income and currency markets. The post FMDQ Exchange turnover rises to N249.18…
Read moreThe Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has dismissed claims that the apex bank is aggressively intervening in the foreign exchange market to defend the naira, saying its interventions now account for only about 1.2% to…
Read moreFor this edition of Regulatory Watch, Nairametrics reviewed some of the most important recent pronouncements from the Central Bank of Nigeria (CBN) that could shape banking operations, digital payments, foreign exchange access, and consumer protection in the months ahead. The…
Read moreWema Bank’s Managing Director, Mr. Moruf Oseni, has reaffirmed the bank’s ambition to break into Nigeria’s tier-one banking league “in the not-too-distant future.” The post Wema Bank MD hints expansion to tier-one status at AGM appeared first on Nairametrics.
Read moreThe Central Bank of Nigeria (CBN) and deposit money banks are reviewing excessive transaction alerts and customer charges amid complaints from bank users over confusing debit notifications and deductions. The post CBN, banks reviewing excess customer alerts, charges appeared first…
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