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The Nigerian equities market closed marginally lower on Thursday, July 16, 2026, as a sharp selloff in heavyweight industrial stocks, led by BUA Cement, outweighed strong buying interest in banking counters and First HoldCo’s historic rally. The post Nigerian equities…
Read moreAnalysts at Zrosk Equity Research have warned that Nigeria’s inflation outlook is increasingly being driven by rising food prices that are largely beyond the control of monetary policy of the Central Bank of Nigeria (CBN). The post Food prices now…
Read moreThe Lagos State Government has approved a harmonised academic calendar for all public and private primary and secondary schools across the state for the 2026/2027 academic session, aligning both categories of schools under a single schedule. The post Lagos approves…
Read morePresident Bola Tinubu has unveiled five major social and economic development programmes worth approximately $3.05 billion aimed at reducing poverty, strengthening community resilience and accelerating investment in healthcare, education and other human capital priorities across Nigeria. The post Tinubu unveils…
Read moreThe Economic and Financial Crimes Commission (EFCC) has re-arraigned former Chairman of the defunct Skye Bank Plc, Tunde Ayeni, on an amended 18-count charge over the alleged criminal breach of trust, misappropriation and diversion of N15.6 billion. The post EFCC…
Read moreThe Securities and Exchange Commission (SEC) has launched a nationwide enlightenment campaign to help Nigerian investors recover unclaimed dividends and other funds arising from capital market transactions. The post SEC launches nationwide campaign to recover N270 billion unclaimed dividends appeared…
Read moreThe Central Bank of Nigeria (CBN) is targeting $1 billion in monthly diaspora remittances by the end of 2026, representing a nearly 67% increase from the current level of over $600 million per month. The post CBN targets $1 billion…
Read moreThe Lagos Rail Mass Transit (LRMT) Blue Line has transported more than 8 million passengers in over 1,000 days of operation, while Phase II of the project has reached a major construction milestone with the successful installation of its first…
Read moreInvestors in Nigeria’s Treasury Bills market poured a whopping N2.87 trillion into the 364-day instrument alone at the July 15 primary market auction, more than seven times higher than N400 billion on offer. The post CBN allots N1.19 trillion as…
Read moreA Paramount Skydance shareholder has filed a lawsuit accusing the company’s controlling shareholders, Larry Ellison and his son David Ellison, of engaging in corrupt practices to secure regulatory approval for Paramount’s proposed $111 billion acquisition of Warner Bros. Discovery. The…
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