capital markets

Signature Bank Limited has exceeded Nigeria's N50 billion minimum capital requirement for regional banks through a rights issue, becoming one of the first institutions to comply with the Central Bank's recapitalisation directive.

SUNU Assurances Nigeria moves to market with a rights issue of 2.08 billion ordinary shares, while LASACO Assurance launches six new insurance products following regulatory approval.

Nigeria's stock market gained N24.4 trillion in the first two months of 2026, driven by strong corporate earnings and domestic investor rotation from low-yield bonds, even as foreign portfolio participation collapsed 75% month-on-month in January.

Mid-tier and smaller Nigerian banks are struggling to meet the Central Bank of Nigeria's recapitalisation requirements as the deadline nears, while major lenders have successfully raised capital, creating a two-tier banking system.

Nigerian Exchange Group's regulatory arm issued advisories on unusual price movements while CEO Temi Popoola emphasized the need for multi-stakeholder collaboration to channel sustainable capital, as Legend Internet Plc's recent award highlights growing market confidence.

Nigeria's capital market capitalisation jumped 125% to approximately N123.75 trillion in twelve months, while a new petty traders grant programme offers N100,000 to micro-entrepreneurs as authorities pursue broad-based economic expansion.

Nigeria's capital market has recorded exceptional growth with capitalisation rising from N55 trillion in April 2024 to over N123.93 trillion, now contributing 33% to GDP, according to the Securities and Exchange Commission.

The Capital Markets Authority has granted Kenya Pipeline Company an extension to Tuesday for its public offering, signalling sustained investor interest in East African infrastructure assets despite regional market volatility.

Digital investment platforms are reshaping Nigeria's capital markets as fintech applications expand access to equity trading, drawing hundreds of thousands of first-time investors into the Nigerian Exchange.

Ndovu Wealth, a Kenyan fintech founded in 2022, is democratizing capital market access across Africa by connecting mobile money users to pan-African investments, global stocks, and cryptocurrency through a CMA-licensed platform.

Sterling Financial Holdings has commenced allotment of N88.1 billion in shares following a successful public offer, while SanlamAllianz General Insurance appointed Jacqueline Uche Agweh as Managing Director and Stanbic IBTC Insurance secured institutional excellence awards.

As Dangote Cement becomes the first issuer to list commercial paper on the Nigerian Exchange, the country's financial infrastructure undergoes a transformation marked by cashless mandates and regulatory pressure on cryptocurrency firms.

Pan-African payments firm Nairagram completed a N10 billion commercial paper issuance within 48 hours, while Nigeria recorded a $14 billion investment increase driven primarily by short-term portfolio flows rather than foreign direct investment.

The Federal Government's February 2026 Savings Bond attracted ₦5.9 billion in subscriptions, while fintech firm Nairagram closed a ₦10 billion Commercial Paper issuance within 48 hours, signaling sustained investor appetite for Nigerian fixed-income instruments.

PenCom's upward revision of equity exposure limits for retirement savings funds could release nearly N1 trillion in immediate liquidity into the Nigerian Exchange, while parallel reforms in tax administration and regional banking policy signal broader structural shifts across West Africa's largest economy.