February 11, 2026/CSL Report Nigeria’s National Pension Commission (PenCom) has raised equity investment limits across the Retirement Savings Account (RSA) multi-fund structure, signaling a strategic pivot towards growth-oriented asset allocation. Announced in an addendum issued on 9 February 2026, the changes respond to implementation constraints that emerged after the 2025 […]
Capital Market
SEC Gives Capital Market Operators 18-Months Timeline for Recapitalisation Exercise
January 19, 2026/CSL Update The Securities and Exchange Commission (SEC) has granted capital market operators an 18-month window to recapitalise following the revision of minimum capital requirements, which replaces the previous framework introduced in 2015. The regulator cautioned that non-compliance could result in the suspension or withdrawal of licences, although […]
NGX Achieved Its Best Performance in 18 Years
January 5, 2026/CSL Report The Nigerian Exchange (NGX) closed 2025 on a historic high, delivering a remarkable 51.2% annual return, the market’s strongest performance since 2007, and marking its sixth consecutive year of gains. The rally propelled the All-Share Index (ASI) to a record 155,613.03 points, while total market capitalisation […]

