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6 days ago | 
thenationonlineng.net | Taofik Salako |Alao Abiodun
The Nigerian Exchange (NGX) and International Finance Corporation (IFC) have renewed commitment to working together to expand issuance of labeled bonds in the Nigerian market in a move aimed at deepening access to sustainable finance. Labelled bonds, including green, social, blue, and sustainability-linked instruments, are increasingly used globally to channel private capital into climate-resilient infrastructure, clean energy, and inclusive development.
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6 days ago | 
thenationonlineng.net | Taofik Salako |Alao Abiodun
Shareholders at the weekend approved plan by Industrial & Medical Gases (IMG) Nigeria Plc to inject additional equity capital as part of efforts to strengthen the company’s operations. Under the plan, IMG will be seeking to raise N6.5 billion from existing shareholders through a rights issue. Shareholders empowered the board of the company to finalise offer price, allotment ratio, offer period and other details.
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6 days ago | 
thenationonlineng.net | Taofik Salako |Alao Abiodun
Access Holdings Plc has the best asset quality among Nigeria’s largest banks, a report has shown. Proshare’s 2025 Tier 1 Banking Report indicated that Access Holdings has the lowest non-performing loan ratio (NPLR) of 2.76 per cent among Nigeria’s Tier 1 banks.
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6 days ago | 
thenationonlineng.net | Taofik Salako |Alao Abiodun
Foreign investors accounted for more than a quarter of total transactions at the Nigerian stock market in the first five months of this year, their highest level of participation in five years. A five-month data on foreign transactions obtained by The Nation showed that transactions by foreign portfolio investors (FPIs) accounted for about 29.2 per cent of total transactions at the Nigerian Exchange (NGX) by the five-month period ended May 31, 2025.
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2 weeks ago | 
thenationonlineng.net | Taofik Salako |Collins Nweze
The naira rose by 2.3 per cent to close weekend at N1,553 per dollar, sustaining a steady rally on the back of widespread optimism on stability of the Nigerian foreign exchange (forex) market. Data from the Central Bank of Nigeria (CBN) showed that naira, which had opened last week at N1,579.27, maintained steady closing the week stronger. Analysts at Cordros Capital stated that the naira gain was due to inflows from foreign portfolio investors (FPIs).
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1 month ago | 
thenationonlineng.net | Taofik Salako |Nduka Chiejina |Muyiwa Lucas |Collins Nweze
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday retained the benchmark interest rate and other key monetary policy parameters. The MPC, the highest policy-making body of the apex bank, left the Monetary Policy Rate (MPR) at 27.50 per cent after its meeting in Abuja. The MPR is the benchmark interest rate that guides other rates across the economy.
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1 month ago | 
thenationonlineng.net | Taofik Salako |Alao Abiodun
The federal government is seeking to raise some N300 billion through a new Sukuk issuance as part of efforts to diversify government’s funding sources and accelerate the pace of infrastructural development. The N300 billion Sovereign Sukuk is a seven-year Sukuk due 2032; a non-interest, alternative instrument designed in a form of annual rental income. The annual rental income is 19.75 per cent. Sukuk is a non-interest, asset-backed instrument, based on the principles of Islamic finance.
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Mar 14, 2025 | 
thenationonlineng.net | Taofik Salako |Alao Abiodun
Tantalizers Plc plans to significantly expand its businesses within the next two years with a target to reverse current loss of N265 million to net profit of N16.1 billion by 2026. The new board and management of Tantalizers yesterday at a “Facts Behind the Acquisition” forum at Nigerian Exchange (NGX) in Lagos laid out the company’s strategic growth plan to diversify from its current quick service restaurant business into fishery, entertainment and technology among others.
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Mar 14, 2025 | 
thenationonlineng.net | Taofik Salako |Collins Nweze |Alao Abiodun
Parthian Capital Limited, the asset management division of the Parthian Group, proudly announces the launch of two investment funds: the Parthian Money Market Fund and the Parthian Dollar Fixed Income Fund. These new offerings are designed to provide investors with secure and customised financial solutions, fostering long-term wealth preservation and growth.
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Jan 19, 2025 | 
thenationonlineng.net | Taofik Salako
NASD OTC Exchange’s turnover doublesNigeria’s main platform for over-the-counter (OTC) trading in unlisted securities, the NASD OTC Securities Exchange Plc, has seen a double in turnover as average return at the alternative market rose to about 224 per cent. Trading reports at the weekend showed that the NASD Securities Index, which tracks share prices of companies listed on the OTC market, recorded a full-year return of 223.64 per cent in 2024.
