SEC advises stakeholders to harness ISA 2025 for capital market expansion 

    By Taiye Olayemi The Securities and Exchange Commission (SEC) has advised stakeholders to fully harness the potential of the newly enacted Investments and Securities Act, 2025 (ISA 2025). Dr Emomotimi Agama, the Director-General of SEC, said this was to drive business growth and expand Nigeria’s capital market. Agama,Continue Reading

NGX posts historic single-day gain of N1.806trn

By Taiye Olayemi The Nigerian stock market continued on a bullish note on Thursday, marking a four-day positive trend in the week, as investors recorded N1.806 trillion gain. The positive performance was due to increased investor confidence in Nigeria’s equities market amid improved liquidity conditions and ongoing reforms. Market capitalisationContinue Reading

FG’s loan scheme, conditional grant  beneficiaries hit 900,000 – Idris

By Collins Yakubu-Hammer Minister of Information and National Orientation, Mohammed Idris, says no fewer than 900,000 Nigerians have benefited from the loan scheme and Conditional Grant initiatives of President Bola Tinubu. Idris made this known on Thursday in Minna, Niger at the quarterly meeting of the Progressive Governors Forum (PGF)Continue Reading

Fiscal Governance: Commission, Public Accounts Committee collaborate to address challenges

By Vivian Emoni Dr Victor Muruako, the Executive Chairman, Fiscal Responsibility Commission (FRC), says the commission is collaborating with the Public Accounts Committee (PAC) to address fiscal governance challenges to promote transparency. Muruako said this at the 2025 National Conference on Public Accounts and Fiscal Governance, organised by the HouseContinue Reading

Sanwo-Olu seeks investors’ collaboration for economic growth

      By Rukayat Moisemhe and Oluwatope Lawanson Gov. Babajide Sanwo-Olu of Lagos State has pledged to collaborate with investors, multinationals, agencies, foundations, and innovation hubs to build a globally respected 21st-century economy.   Sanwo-Olu, represented by his deputy, Dr Obafemi Hamzat, made this known on Wednesday at theContinue Reading

FCCPC engages grain sellers over price fixing, negative trade practices in Kano

By Bosede Olufunmi The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed commitment to sanitising Nigerian markets and safeguarding consumers through direct engagement with traders and market leaders. Mr Tunji Bello, the Executive Vice Chairman/Chief Executive Officer of the FCCPC, said this on Wednesday during a market engagement heldContinue Reading

IMF”s 3.4 economic projection misrepresents Nigeria’s potential — TMSG

By Martha Agas The Tinubu Media Support Group (TMSG), says the recently revised economic growth projection for Nigeria by the International Monetary Fund (IMF) under-represents the country’s economic capacity and potential. The group’s position is contained in a statement jointly signed by its Chairman, Emeka Nwankpa, and Secretary, Dapo Okubanjo,whichContinue Reading

NGX Group, Omatek, others lead market rally, investors gain N226bn

By Taiye Olayemi The Nigerian stock market continued on a bullish trend on Tuesday, gaining N226 billion. The positive trend was driven by strong buying interest in medium and large-capitalised stocks, including: Omatek, NGX Group, Neimeth International Pharmaceutical, Champion Breweries and 54 others. Market capitalisation rose by N226 billion orContinue Reading