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NGX Loses N468bn as Profit-Taking Hits Banking, Industrial and Consumer Stocks

Nigeria’s equity market closed lower on Tuesday as investors took profits across major banking, industrial and consumer-goods stocks, wiping approximately N468.63 billion from total market...

GTCO Assets Hit N18.6tn as H1 Profit Before Tax Reaches N603bn

  Guaranty Trust Holding Company Plc has reported N603.03 billion in profit before tax for the first half of 2026, alongside significant growth in its...

CBN Urges Banks to Convert N4.65tn Fresh Capital Into Productive Loans

  The Central Bank of Nigeria has called on commercial banks to deploy the N4.65 trillion raised through the latest banking-sector recapitalisation exercise into productive...

Banks Park N6.28tn With CBN as Liquidity Surplus Builds

  Nigerian banks increased their placements with the Central Bank of Nigeria’s Standing Deposit Facility to N6.28 trillion on September 29, reflecting the significant amount...

CBN Records $6.3bn Portfolio Inflows as FX Supply Strengthens Naira

Nigeria attracted $6.3 billion in net foreign portfolio investment inflows between January and August 2026, strengthening foreign-exchange liquidity and reducing the Central Bank of Nigeria’s...

NCGC Unlocks N46.95bn Credit for 67,512 Borrowers in First Year

  The National Credit Guarantee Company has facilitated N46.95 billion in loans to 67,512 borrowers during its first year of operations, as the Federal Government...