Major Fire Guts Jabi Wood Market in Abuja
A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.
Category : Search result: Nigeria capital market
Nigeria Stock Market Gains N1.29trn, ASI Rises 1.20%
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
SEC Nigeria's Reforms Fuel Historic Market Growth
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
New Tax Regime May Trigger Capital Flight - Expert
Dele Kelvin Oye warns Nigeria's 2025 Tax Act with 200% CGT hike could derail investments. Discover the risks and proposed policy solutions to safeguard Nigeria's economy.
Nigeria Capital Market Shifts to T+2 Settlement Cycle
Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.
Nigeria loses $500bn yearly to biodiversity decline
Nigeria faces a $500 billion annual loss from biodiversity decline. Officials urge private sector integration of nature into business models for economic sustainability. Act now!
Nigeria attracts $20.98bn foreign capital in 10 months
Nigeria recorded $20.98bn foreign capital inflows Jan-Oct 2025, a 70% surge. CBN Governor Cardoso credits FX reforms for market stability and renewed investor confidence.
Mimiko: Boost Health, Education Investment Now
Ex-Gov Mimiko demands increased public spending on health and education, linking them to national development. He proposes a revamped school feeding programme and police decentralisation.
NACETEM Plans Tech Training for 1 Million Nigerians
NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create a skilled workforce for a knowledge-driven economy. Learn more about this tran
Bandits Kidnap 7 Youths from FCT Community
Armed bandits stormed Gidan-Bijimi community in Bwari Area Council, abducting six girls and a 16-year-old boy during a funeral. The incident highlights growing security concerns in FCT border communities.
Nigeria to Cut CGT and Corporate Tax Rates in 2026
Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.
SEC Sets January 2026 Deadline for ISA Compliance
Nigeria's SEC mandates all capital market operators to declare ISA 2025 compliance and register tradable instruments by January 2026. Dr. Agama announces new era for market transparency.
Open grazing now capital offence in Nigeria
Federal Government bans open grazing nationwide, declaring it a capital offence to curb farmer-herder conflicts. Minister urges adoption of ranching for better productivity.
Makinde opens 4th ultramodern market in Oyo
Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.
SEC: Sustain Compliance After FATF Grey List Exit
Following Nigeria's removal from the FATF Grey List, the SEC has called on capital market operators to deepen their compliance culture to protect the nation's global financial reputation.
Nigerian Stock Market Loses N2.1 Trillion
Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.
Security Crisis Undermines Nigeria's Economic Recovery
Nigeria's economic recovery faces severe threats from escalating insecurity, causing capital flight and investor retreat. Learn how violence impacts markets and food security.
FG Opens N50m Student Grant Portal for STEMM Students
Nigerian undergraduates in STEMM fields can now apply for up to N50 million equity-free funding from the Federal Government's Student Venture Capital Grant. Applications are open.
Equities Market Dips N292bn Amid Bearish Trading
Nigerian equities extended losses as market capitalization fell by N292 billion. 38 stocks declined while only 14 gained. Read full analysis of market performance.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
Brain Health Crisis Costs Africa $54B Yearly - Experts Warn
Brain Health Initiative Nigeria urges National Assembly to integrate brain health into national policies as Africa faces $54 billion annual losses from brain disorders and productivity decline.
Nigeria at Risk of Debt Crisis, Experts Warn
Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.
Edo Market Women Protest Planned Eviction
Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.
NGX Bearish Run Continues, Investors Lose N110bn
Nigerian stock market extends bearish trend with 0.12% decline as investors lose N110.20 billion. ASI drops to 144,986.51 points amid profit-taking in banking stocks.
Ondo Governor Presents N492.7bn 2026 Budget Proposal
Ondo State Governor Lucky Aiyedatiwa presents a N492.7 billion budget for 2026, prioritizing infrastructure and capital projects. Discover the full breakdown and economic plans.
Nigerian Students Can Apply for ₦50m Venture Grant
Federal Government launches Student Venture Capital Grant portal offering up to ₦50 million equity-free funding for student innovators. Apply now at svcg.education.go.ng
AIHN Honors Resilient Nigerian Companies Amid Challenges
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
Awareness Gap Blocks NGX Tech Listings, Report Reveals
New TLP Advisory report reveals 53% of Nigerian tech founders lack awareness about NGX listing process, while 77% face currency mismatch. Discover the solutions for local exits.
Africa Prosperity Summit Charts Path for VC Growth
Ventures Platform convened 250+ leaders at the Africa Prosperity Summit to address liquidity gaps, launch African Exit Index, and drive scalable growth across the continent. Discover the key insights.
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