CBN’s rate cut appropriate, monetary stance still tight — IMF
The International Monetary Fund, IMF, has endorsed the Central Bank of Nigeria’s, CBN, decision to adjust its monetary policy stance, saying the move was appropriate given the significant progress recorded in reducing inflation, even as monetary conditions remain tight.
NGX Group declares N1.30 per share interim dividend in H1’26
The Nigerian Exchange, NGX Group Plc, has announced an interim dividend of N1.30 per ordinary share for the six months ended 30 June 2026, following a record first-half financial performance.
CBN records N136bn surplus in 2025
The Central Bank of Nigeria, CBN, recorded N136 billion surplus in 2025, representing a 251 percent increase compared to N38.83 billion in 2024.
AVA Capital set for NGX listing to strengthen market visibility
By Peter Egwuatu AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday. According to a statement made available to Vanguard, the listing is a strategic transition into the […]
Customs agents threaten protest over alleged manifest manipulation by shipping firms
By Godwin Oritse Members of the Association of Nigerian Licensed Customs Agents (ANLCA) have threatened to stage a protest over the alleged manipulation of ship manifests by some shipping companies, warning that they will expose those responsible if urgent action is not taken. The agents said the practice could disrupt port operations and further weaken the […]
Nigeria risks losing Africa’s tech investment edge, LCCI warns
•Urges more predictable regulatory environment By Yinka Kolawole The Lagos Chamber of Commerce and Industry, LCCI, has warned that Nigeria risks losing its position as Africa’s leading technology hub unless the government accelerates policy reforms, expands digital infrastructure and creates a more predictable regulatory environment to attract investment. Speaking at the opening of the 12th […]
