Patrick Lumumba urged the Federal Government to remove visa restrictions for Africans, arguing that the barriers limit regional integration, investment and AfCFTA objectives. He made the recommendation while speaking at the Delta State Economic and Investment Summit in Asaba.
The National Credit Guarantee Company has launched GuaranteeHer, a women-focused credit guarantee scheme designed to unlock more than N100bn in financing for women-owned businesses. The initiative is relevant to Nigerian banking and financial services because it may support increased credit availability and lending activity, although no listed company is specifically identified.
July wrapped up with a slight dip as investors took profits following H1 earnings, but market activity remained super active, with trade values jumping over 32% week-on-week.
As August kicks off, interim dividends and new positioning opportunities are taking center stage. The https://t.co/TFfjTVRBIW
Anambra State Governor Charles Soludo said the state withdrew from a World Bank loan programme because prevailing macroeconomic conditions made the facility too costly despite its low interest rate. The report provides context on public borrowing decisions and Nigeria’s broader financing environment, without identifying any specific listed company or stock.
The Federal Government has tightened controls on the 2026 capital budget, directing Ministries, Departments and Agencies not to award contracts, sign agreements or incur financial obligations without approved expenditure warrants and cash backing. The measure could influence the timing and execution of government-funded projects.
The Debt Management Office has offered two-year and three-year FGN Savings Bonds for August 2026 subscription. The two-year bond, due on August 12, 2028, carries a 13.96 percent annual interest rate, while the three-year bond offers 14.96 percent annually.
NAICOM has completed a recapitalisation exercise involving 43 insurance companies. The regulator said the exercise forms part of the Federal Government's financial sector transformation agenda, which targets a $1 trillion economy by 2030. The development is relevant to Nigeria's regulated insurance industry and listed financial services companies.
Nigeria: Tony Elumelu is on the verge of upgrading his United Bank for Africa (UBA) Paris office into a full-service operation anchoring the bank’s entire European Union.
"The plan is brilliant. Paris connects UBA to 11 Francophone African countries it already serves, strengthens
The Nigerian equities market staged a strong recovery in July 2026, with the NGX All-Share Index rising 6.92% month-on-month to close at 245,283.68 points. F #Stock #StockMarket #NGX
For the week beginning August 3, 2026, we applied the AAOIFI Shariah screening criteria to the NGX-listed companies that appeared in the recommendations of 11 CMOs.
Our screening revealed that 21 companies (43.75%) satisfied the compliant criteria