Industry news and update

DPH, The largest financial services in the world and  contributes to the vitalization of household financial assets through providing high quality products and services. In addition to these, investment products that are suitable to the medium to long term asset building for individuals are developed…

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Akinrinde Dorcas

Naira Hits Strongest Level Since May 2024 as Official Rate Closes at N1,337/$

The Nigerian Naira demonstrated renewed resilience on Tuesday, appreciating to N1,337 per dollar at the official foreign exchange market. This gain follows a steady recovery trend, up from the N1,344 recorded on Monday, marking the currency’s strongest official closing rate in nearly nine months. The last time the Naira saw a stronger performance was on

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Daily Market Analysis
Akinrinde Dorcas

Daily Market Analysis (16th & 13th Feb 2026)

Tuesday, 17 February 2026 MARKET ANALYSIS System Liquidity (Nigeria) System liquidity commenced the week on a strong note, posting a surplus balance of ₦4.68 trillion, reflecting an increase of ₦360.49 billion compared to the previous session’s surplus position. The improvement was primarily driven by higher placements by Deposit Money Banks (DMBs) at the Central Bank

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Financial Advice
Akinrinde Dorcas

Data, Digital Platforms & Risk: The Future of Investing

The investment landscape is undergoing a profound transformation. Data analytics, artificial intelligence, blockchain technology, and digital trading platforms are reshaping how individuals and institutions allocate capital. Today, investment decisions are no longer driven solely by financial statements and economic forecasts they are increasingly powered by algorithms, real-time data, and digital ecosystems. While these innovations offer

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Asset Management
Akinrinde Dorcas

Stock market gains N6.7trn in January

The Nigerian equities market started February on a reflective note as investors digested the strong gains recorded in January while positioning for the new month. The NGX All-Share Index (ASI) rose by 6.3% in January, closing at 165,370.50 points from 155,613.03 points at the end of December 2025, signaling broad-based growth in equity prices across

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News Update
Akinrinde Dorcas

Naira breaks N1,400 barrier at N1,396.99/$1

The Nigerian naira has strengthened beyond the key ₦1,400 psychological threshold, closing at ₦1,396.99 per U.S. dollar on the official foreign exchange market. This marks a notable appreciation and signals renewed momentum for the local currency after months of sustained pressure. Market data from the Central Bank of Nigeria showed that the naira gained marginally

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FCCPC Commences Enforcement Against Non-Compliant Digital Lenders

The Federal Competition and Consumer Protection Commission (FCCPC) has begun phased enforcement of sanctions against digital money lending operators that failed to regularise their operations in line with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations). The compliance deadline for affected operators expired on Monday, January 5, 2026, marking the end

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News Update
Akinrinde Dorcas

DMO launches January 2026 FGN Savings Bond offer with double-digit yields

The Debt Management Office (DMO) has commenced subscriptions for the January 2026 Federal Government of Nigeria (FGN) Savings Bonds, offering investors access to government-backed securities with interest rates reaching 15.396% per annum. The offer, announced on Monday, forms part of the Federal Government’s ongoing domestic borrowing programme and reflects efforts to mobilise long-term funds from

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Nigeria News
Akinrinde Dorcas

NDIC to pay depositors of Aso Savings, Union Homes up to N2m

The Nigeria Deposit Insurance Corporation has announced the commencement of payment of insured deposits to customers of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc following the revocation of their operating licences by the Central Bank of Nigeria. Depositors of the affected mortgage banks will receive insured deposits of up to

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News Update
Akinrinde Dorcas

CBN Revokes Licences of Aso Savings and Union Homes

The Central Bank of Nigeria has revoked the operational licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. This regulatory action reinforces the apex bank’s commitment to financial system stability and stronger compliance within Nigeria’s mortgage banking subsector. The decision was taken under the powers granted to the CBN by

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Uncategorized
Akinrinde Dorcas

Nigerian Stock Market Extends Rally as Investors Gain Over N1.5 Trillion

The Nigerian stock market sustained its upward momentum last week, delivering significant gains to investors as total market value increased by over N1.5 trillion. The Nigerian Exchange Limited closed the week higher, deepening its recovery and reversing the weakness recorded in November 2025. The improved performance was driven by renewed buying interest across major blue

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Nigeria
Akinrinde Dorcas

Nigeria’s DMO Returns to Market With ₦460 Billion Bond Offer, Reopening the 2030 and 2032 Benchmarks

The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has released its December 2025 bond auction circular, offering fresh opportunities for institutional and private investors seeking secure, long-term sovereign instruments. The announcement marks another step in the government’s ongoing strategy to deepen the domestic debt market and provide credible, high-yield investment

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News Update
Akinrinde Dorcas

FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform

The Federal Government of Nigeria has inaugurated the National Tax Policy Implementation Committee (NTPIC), signaling a deliberate shift toward a more predictable and market-aligned rollout of the newly enacted Capital Gains Tax provisions. This move follows extensive technical engagements with key capital-market institutions, including the Securities and Exchange Commission (SEC) and the Nigerian Exchange Group

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