Abuja, Jan. 14, 2026 – Dele Alake, the Minister of Solid Minerals Development, says the federal government is positioning Nigeria as a leading solid minerals hub in Africa and a key global partner in minerals essential for the transition to green energy. He said this was the key reason for the current emphasis on the establishment of lithium processing and gold refining facilities across the country. The minister said this during a meeting with Ibrahim Al-Khorayef, the Saudi Arabian Minister of Industry and Mineral Resources, ahead of the Future …
FG, SEC, NGX Group forge unified direction on capital gains tax reform
Lagos, Dec. 8, 2025 – The Federal Government has inaugurated the National Tax Policy Implementation Committee (NTPIC) to ensure predictable and market-aligned rollout of the newly enacted capital-gains-tax (CGT) provisions. The move follows extensive technical engagements with key capital-market institutions, including the Securities and Exchange Commission (SEC) and Nigerian Exchange Group (NGX Group). This also reflects policymakers’ recognition of the market’s role in sustaining liquidity, price discovery and long-term capital formation. The Committee is being Chaired by leading tax and fiscal-policy expert Joseph Tegbe. The committee has been tasked …
NGX moves N113bn shares in upswing transactions last week
Lagos, Dec. 8, 2025 – The Nigerian Exchange (NGX) traded 6.617 billion shares worth N113.224 billion in 109,590 deals last week. This was in contrast to the 4.140 billion shares valued at N115.889 billion exchanged 102,351 deals in the preceding week. The ICT Industry, measured by volume, led the activity chart with 3.500 billion shares valued at N17.759 billion traded in 11,184 deals. The industry, thus contributed 52.89% and 15.68% to the total equity turnover volume and value, respectively. The Financial Services Industry followed with 2.625 billion shares worth …
NGX expands market offerings with introduction of commercial paper listings
Lagos, Nov. 3, 2025 – Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings. This followed an approval from the Securities and Exchange Commission (SEC), marking another significant expansion of its product suite in a year defined by accelerated innovation. This development deepens Nigeria’s short-term debt market and reinforces NGX’s role as a versatile hub for capital formation. The new listing window enables corporates and issuers to list and trade both conventional and non-interest commercial papers directly on the Exchange, providing investors with enhanced visibility, increased transparency and …
YÒMÍ OYÉKÀN – One Week in Office as Senior Special Assistant to the Governor on Signage & Advertisement
Akure, Nov. 30, 2025 – In just one week of assuming office as the Senior Special Assistant to the Governor of Ondo State on Signage & Advertisement, Yòmí Oyékàn has hit the ground running—setting a clear tone of structure, compliance and modernization in the state’s outdoor advertising space. His early days in office have been marked by direct field engagement, quick assessment of signage corridors, and immediate action to restore order to areas previously overwhelmed by unregulated commercial displays. Within his first week, Oyékàn led an enforcement sweep across key …
Africa Investment Forum opens in Rabat
Rabat, Nov. 27, 2025 – A global event aimed at promoting investments in Africa kicked off its three-day run in Morocco’s capital of Rabat earlier this week, its organizers said Thursday. The Africa Investment Forum (AIF) Market Days 2025 event brought together investors, government leaders and commercial banks to advance transformational African projects across sectors, including infrastructure, digitization and agribusiness. The AIF is a platform launched in 2018 by nine founding partners, including the Africa Development Bank Group (AfDB), aimed at advancing and raising capital for various projects in …
AfCFTA launches podcast to strengthen awareness of continental trade agreement
Accra, Nov. 21, 2025 – The African Continental Free Trade Area (AfCFTA) secretariat has officially launched its podcast platform, aimed at providing authentic information about Africa’s flagship trade agreement to millions across the continent and beyond. The bi-weekly podcast, unveiled by the secretariat’s communication unit, will feature conversations with trade experts, entrepreneurs, policymakers and Africans benefiting from intra-African trade. Speaking during the curtain raising edition to pave way for the maiden edition of the podcast which will feature the Secretary-General of the AfCFTA Secretariat, H.E. Wamkele Mene, Ms. Grace …
Trump buys at least $82m in bonds since late August, disclosures show
\Washington, Nov. 16, 2025 – U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October including new investments in sectors benefiting from his policies, financial disclosures made public on Saturday showed. According to the forms released by the U.S. Office of Government Ethics, Trump carried out more than 175 financial purchases from August 28 through October 2. The disclosures, made under a 1978 transparency law called the Ethics in Government Act, do not list exact amounts for each purchase, …
FG recommits to balanced outcomes on capital gains tax
Lagos, Nov. 12, 2025 – Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has reassured investors of the federal government’s commitment to balanced outcomes on Capital Gains Tax (CGT). Edun gave the assurance in Lagos on Tuesday at the Closing Gong Ceremony of Nigerian Exchange (NGX) in commemoration of the listing of the Ministry of Finance Incorporated (MoFI) Real Estate Investment Fund (MREIF) Series 2 in Lagos. The NGX said the listing was being held amid cautious trading in the equities market as investors recalibrated …
NGX reaffirms leadership in advancing Africa’s Islamic finance ecosystem
Lagos, Nov. 7, 2025 – The Nigerian Exchange Limited (NGX) has reaffirmed its leadership in advancing Africa’s Islamic finance ecosystem through the strategic expansion of its Non-Interest Finance Board and active engagement at the 7th African International Conference on Islamic Finance (AICIF), held in Lagos from Nov. 4 to Nov. 5, 2025. Organised by The Metropolitan Skills Limited in collaboration with the Securities and Exchange Commission (SEC), the two-day event convened policymakers, regulators, development partners, and market participants to explore policy reforms, product innovation, and strategies to unlock liquidity …