- Business
UBA strengthens Africa’s future leadership pipeline, graduates 374 young professionals
United Bank for Africa (UBA) Plc, has graduated and inducted 374 young professionals into its workforce, marking the completion of Cohort 21 of its Graduate Management Accelerator Programme (GMAP), the Bank’s flagship talent development scheme. The ceremony, which was held in Lagos recently, celebrated graduates from Nigeria and across African countries where the bank operates. The GMAP programme is designed…
Read More » - Economy
NGX transactions up by 38% to N2.37trn in July 2026
Trading activity on Nigerian Exchange Limited (NGX) rose significantly in July 2026, with total transactions increasing to N2.37 trillion, representing a 38.17 per cent increase from the N1.71 trillion recorded in June. The July performance also represented a 30.45 per cent increase from the N1.82 trillion recorded in the corresponding period of 2025, according to the latest Domestic and Foreign…
Read More » - Economy
Nigerians stock market correction offers fresh price discovery after 53.81% YtD rally
The correction in Nigerian equities is shifting the market from broad-based momentum towards more selective price discovery after a rally that lifted the NGX All-Share Index by 53.81 per cent year-to-date. The ASI declined 1.35per cent in the week ended August 21, 2026, closing at 239,351.16, while equity market capitalisation closed at N154.53 trillion. Despite the decline, the market remains…
Read More » - Business
Zenith Bank seeks extension to file H1 2026 audited results
Zenith Bank’s decision to seek a six-week extension to publish its H1 2026 audited financial statements highlights the regulatory clearance process that major banks are facing following the sector’s recapitalisation exercise. Although the Board approved the accounts on July 29, 2026, regulatory approval remains outstanding.Credit & Lending The bank now has until October 9, 2026, to publish the results, although…
Read More » - Business
Nigerian equities market 57% rally driven by domestic capital, not foreign inflows, says Coronation
Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, but the rally was driven predominantly by domestic capital rather than a resurgence in foreign portfolio investment, Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, has said. Aig-Imoukhuede, speaking at the H1 2026 Capital Market Review and Outlook for Second Half of the year…
Read More » - Economy
AFRACA-NIRSAL builds financial institutions’ capacity for climate, AI-driven agricultural finance
The African Rural and Agricultural Credit Association (AFRACA), in collaboration with NIRSAL Plc and other partners, has convened finance-sector professionals from across Africa in Lagos for the AFRACA Masterclass on Inclusive Finance for Climate Resilience and Artificial Intelligence for Financial Services and Agricultural Finance. The week-long programme brings together participants from Uganda, Ghana, Tanzania, the Democratic Republic of Congo, Kenya,…
Read More » - Uncategorized
Nigeria’s economy to grow 4.2% in 2026, NESG projects
The Nigerian Economic Summit Group (NESG) has projected Nigeria’s economy to grow by 4.2 per cent in 2026, citing improved performance in the oil, manufacturing, agricultural and services sectors. In its outlook, the NESG said economic growth is expected to strengthen to 4.5 per cent in the second half of 2026, bringing full-year gross domestic product (GDP) growth to approximately…
Read More » - Business
FMDQ Exchange approves quotation of Ojaja Pan Africa’s N25.53bn Commercial Papers
FMDQ Securities Exchange Limited has approved the quotation of Ojaja Pan Africa Limited’s N4.80 billion Series 1, N1.36 billion Series 2, and N19.37 billion Series 3 Commercial Papers under its N100.00 billion CP Issuance Programme on its platform. The approval by the Exchange’s Board Listings and Markets Committee, further expands Ojaja Pan Africa’s access to Nigeria’s debt capital markets and…
Read More » - Economy
Canal+ Acquisition: MultiChoice Nigeria leadership, strategic decisions remain locally driven, says CEO
Chief executive officer (CEO) of MultiChoice Nigeria, Kemi Omotosho has revealed that the pay-TV operator’s leadership and strategic decisions remain locally driven following its acquisition by Canal+, stressing that the company seeks to combine global resources with an understanding of Nigeria’s market. In 2025, Canal+, a France-based global media and entertainment company with operations across 70 countries, acquired MultiChoice as…
Read More » - Business
Experts task youths on goal setting, imbibing saving, investment habit early
Experts at the weekend urged Nigerian youths and teens to adopt a disciplined lifestyle needed to faithfully adopt the culture of saving and investing early in life for a more prosperous tomorrow. The experts who spoke at the maiden edition of the Investdata Teens and Youths Investment Summit organized by the management of Investdata Consulting Limited, in Ogba, Ikeja, Lagos,…
Read More »
Follow our WhatsApp Channel