Money

In a significant enforcement action aimed at improving market integrity, the Nigerian Exchange Regulation Limited (NGX RegCo) has sanctioned five major stockbroking firms for engaging in banned trading activities. These include market manipulation and price distortion. The regulatory sanctions was announced in a notification dated March 27, 2026. It followed…

Is Nigeria still business-friendly? The answer is not straightforward. The country shows signs of positive change on the surface, but underlying structural challenges persist. Over the past two years, Nigeria has launched some of its most ambitious economic reforms in decades. These changes, from foreign exchange liberalization to the removal…

Abia State Governor Alex Otti has opened a $35 million beverage manufacturing facility in Aba. This development is a key step in the state’s ongoing industrial revival and investment efforts. Ultimum Beverages Limited built the facility and Kadji Group supports it. Its location is the Osisioma Industrial Layout in Aba,…

Nigeria’s stock market has started 2026 on a positive note, fueled by investor confidence from the strength of the banking sector, telecom growth, and infrastructure-related industrial progress. Weekly and year-to-date data from market trackers like Nairametrics and Investing.com show steady momentum in large-cap and mid-cap stocks, indicating where savvy investors…

As Nigeria’s economy changes, citizens are looking to the stock market not just for saving but also as a solid way to make money. Once thought to be exclusive to rich elites and big institutions, the Nigerian Exchange Group (NGX) is now a place where retail investors from all backgrounds…