Why companies scramble to offer Commercial Papers in H1 2025 – Optimus MD, Ayodeji Ebo
Ayodeji Ebo, Managing Director of Optimus by Afrinvest, has attributed the recent surge in commercial paper (CP) issuances to the high cost of borrowing from banks.
Naira strengthens to N1,550/$ in parallel market; here’s why it’s gaining
The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official market but strengthened on the parallel (black) market.
Top 10 Consumer Goods companies with the highest gains on the NGX in H1 2025
In the first half of 2025, the consumer goods sector emerged as the strongest performer on the Nigerian Stock Market, surging by 52.21% and pushing the banking sector to second place with an 18.06% gain.
Chapel Hill’s Debt Fund to pay N5.20 per unit to holders after N11.7 billion H1 profit, reveals date
Chapel Hill Denham has declared an income distribution of N5.20 per unit for its Nigeria Infrastructure Debt Fund, payable to qualified unitholders.
UBA, three other heavyweights drive explosive rally as All-Share Index eyes N80 trillion
The Nigerian stock market, tracked by the All-Share Index, extended its winning streak to seven sessions on Thursday, July 10, 2025.
DMO debunks N611 billion debt claim, confirms actual March 2025 bond service at N67.99 billion
The Debt Management Office (DMO) has debunked claims that the Federal Government of Nigeria (FGN) spent N611.71 billion to service a domestic US Dollar-denominated bond in March 2025.
Bitcoin blasts past $118K, short sellers lose $1.25 billion
Bitcoin struck past $118K on Friday morning, posting a new all-time high.
How to earn stable returns with fixed income ETFs in the U.S. market
With Fixed Income, you know exactly how much you will earn in yield terms when you invest.
GTCO targets East Asia expansion, no plans for US
Guaranty Trust Holding Company (GTCO) is turning its gaze eastward and not toward Wall Street. Fresh off its dual listing on the London Stock Exchange, the Nigerian financial group said it is quietly laying the groundwork for a broader international expansion, with East Africa and East Asia emerging as its next strategic frontiers. At a recent post-listing media briefing in...
GTCO lists 2.28 billion Public Offer shares on NGX after London debut, discloses price
Guaranty Trust Holding Company Plc has announced the listing of an additional 2,288,250,000 ordinary shares of 50 kobo each on the Nigerian Exchange (NGX) as part of a dual public offer. The update was contained in a market bulletin released by the NGX on Thursday, July 10, 2025, which disclosed that the newly listed shares were admitted at a market...
Nigeria’s pension fund assets hit N24.10 trillion in May 2025 amid strategic portfolio rebalancing
Nigeria’s pension industry sustained its upward trajectory in May 2025, as total pension fund assets rose to N24.10 trillion, reflecting a 1.91% month-on-month growth from N23.65 trillion in April.
GTCO targets 15% dividend yield, 25% ROE after landmark London listing
Guaranty Trust Holding Company (GTCO) is targeting a minimum dividend yield of 15% and a return on equity (ROE) of at least 25%, according to Group CEO Segun Agbaje, following the bank’s landmark dual listing of its ordinary shares on the London Stock Exchange (LSE).
Champion Breweries plans 5 billion ordinary share issuance for investors, hints N45 billion debt offering
Champion Breweries Plc has disclosed that it is seeking shareholder approval to issue up to 5 billion additional ordinary shares of 50 kobo each, either in the Nigerian or international capital markets.
Why companies scramble to offer Commercial Papers in H1 2025 – Optimus MD, Ayodeji Ebo
Ayodeji Ebo, Managing Director of Optimus by Afrinvest, has attributed the recent surge in commercial paper (CP) issuances to the high cost of borrowing from banks.
Read moreDetailsNaira strengthens to N1,550/$ in parallel market; here’s why it’s gaining
The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official market but strengthened on the parallel (black) market.
Read moreDetailsTop 10 Consumer Goods companies with the highest gains on the NGX in H1 2025
In the first half of 2025, the consumer goods sector emerged as the strongest performer on the Nigerian Stock Market, surging by 52.21% and pushing the banking sector to second place with an 18.06% gain.
Read moreDetailsChapel Hill’s Debt Fund to pay N5.20 per unit to holders after N11.7 billion H1 profit, reveals date
Chapel Hill Denham has declared an income distribution of N5.20 per unit for its Nigeria Infrastructure Debt Fund, payable to qualified unitholders.
Read moreDetailsUBA, three other heavyweights drive explosive rally as All-Share Index eyes N80 trillion
The Nigerian stock market, tracked by the All-Share Index, extended its winning streak to seven sessions on Thursday, July 10, 2025.
Read moreDetailsDMO debunks N611 billion debt claim, confirms actual March 2025 bond service at N67.99 billion
The Debt Management Office (DMO) has debunked claims that the Federal Government of Nigeria (FGN) spent N611.71 billion to service a domestic US Dollar-denominated bond in March 2025.
Read moreDetailsBitcoin blasts past $118K, short sellers lose $1.25 billion
Bitcoin struck past $118K on Friday morning, posting a new all-time high.
Read moreDetailsHow to earn stable returns with fixed income ETFs in the U.S. market
With Fixed Income, you know exactly how much you will earn in yield terms when you invest.
Read moreDetailsGTCO targets East Asia expansion, no plans for US
Guaranty Trust Holding Company (GTCO) is turning its gaze eastward and not toward Wall Street. Fresh off its dual listing on the London Stock Exchange, the Nigerian financial group said it is quietly laying the groundwork for a broader international...
Read moreDetailsGTCO lists 2.28 billion Public Offer shares on NGX after London debut, discloses price
Guaranty Trust Holding Company Plc has announced the listing of an additional 2,288,250,000 ordinary shares of 50 kobo each on the Nigerian Exchange (NGX) as part of a dual public offer. The update was contained in a market bulletin released...
Read moreDetailsNigeria’s pension fund assets hit N24.10 trillion in May 2025 amid strategic portfolio rebalancing
Nigeria’s pension industry sustained its upward trajectory in May 2025, as total pension fund assets rose to N24.10 trillion, reflecting a 1.91% month-on-month growth from N23.65 trillion in April.
Read moreDetailsGTCO targets 15% dividend yield, 25% ROE after landmark London listing
Guaranty Trust Holding Company (GTCO) is targeting a minimum dividend yield of 15% and a return on equity (ROE) of at least 25%, according to Group CEO Segun Agbaje, following the bank’s landmark dual listing of its ordinary shares on...
Read moreDetailsChampion Breweries plans 5 billion ordinary share issuance for investors, hints N45 billion debt offering
Champion Breweries Plc has disclosed that it is seeking shareholder approval to issue up to 5 billion additional ordinary shares of 50 kobo each, either in the Nigerian or international capital markets.
Read moreDetailsBitcoin surges to record $112K amid institutional demand
Bitcoin soared to an all-time high of $112,000 late Wednesday, driven by growing institutional interest and intensified risk appetite as traditional financial institutions deepen their exposure to the world’s largest cryptocurrency.
Read moreDetailsACCESSCORP leads trading value as All-Share Index rises 0.28%; five stocks hit daily gain limit
The Nigerian All-Share Index closed in positive territory on Wednesday, July 9, adding 335.74 points to settle at 121,989.67.
Read moreDetailsIMF flags cross-border crypto risks for Nigeria as global market surges 1,511% in five years
The International Monetary Fund (IMF) has raised red flags over Nigeria’s growing use of crypto assets for cross-border transactions, citing substantial risks to capital flow management, monetary stability, and regulatory effectiveness—especially in emerging markets.
Read moreDetailsNigerian Crude surges to $72 amid Houthi attack fallout
Nigerian crude prices surged above $70 per barrel, marginally higher than the major oil contracts traded on the global oil market.
Read moreDetailsStock Market Spotlight: BETAGLAS leads with 414% surge, 18 others gain over 100% in H1 2025
The first half of 2025 ended on a high note for some investors in the Nigerian capital market as BETAGLAS emerged the star performer, surging by a jaw-dropping 414.56%, far outpacing the broader market.
Read moreDetailsBest performing pension fund administrators in June 2025
Despite tightening financial conditions and persistent macroeconomic uncertainties, all participating Pension Fund Administrators (PFAs) posted gains across their portfolios.
Read moreDetailsPalm oil heavyweight Presco declares N42 dividend for shareholders, reveals payment date
Nigerian palm oil company Presco Plc has announced a final dividend of N42 for every 50 kobo ordinary share held, for the financial year ended December 31, 2024.
Read moreDetails