NNPC reported ₦502bn profit for November 2025 as competition in the downstream market drove pump prices below ₦800/litre in parts of Nigeria.
As reported by PUNCH, Guaranty Trust Holding Company (GTCO) says it will raise ₦10bn through a private placement involving 125 million ordinary shares, positioned within its regula…
Figures cited by PUNCH show the Central Bank of Nigeria expects external reserves to climb to about $51.04bn in 2026, up from a projected $45bn in 2025, based on assumptions about …
Reporting by Vanguard indicates Nigerian banks are notifying customers that a N50 stamp duty will apply to electronic transfers above N10,000 starting January 1, reflecting changes…
The court is now involved in the dispute over the revoked licences of two savings-and-loans banks. Deposit verification and resolution steps by NDIC will be closely watched for confidence impact.
FCMB Asset Management received approval to issue up to ₦20bn for a new private debt fund series. The move highlights growing investor appetite for structured credit as financing conditions tighten.
Reporting by The Nation indicates Nigeria’s capital-market regulator says companies raised over ₦753bn through commercial paper issuance within months, poi…
According to Punch, NIRSAL Plc says it is closing out 2025 with more than ₦100bn in approved credit guarantees for agriculture and agribusiness loans, posi…
Nigeria’s external reserves reportedly rose by $4.39bn year-on-year to about $45.24bn, raising expectations of steadier FX buffers.
States and local councils reduced bank borrowings by about ₦547.5bn in a year, aided by bigger FAAC inflows, according to CBN bulletin data cited by multiple outlets.