January 14, 2026/UBA Plc The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this […]
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The Missing Pieces in Nigeria’s Banking Recapitalisation
January 14, 2026 By Blaise Udunze Nigeria’s economy will be experiencing yet another round of reform; after the new tax implementation, the banking sector recapitalisation exercise will begin within less than three months until the March 31, 2026, deadline. The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, disclosed that […]
Steady Gains Persist as Market Holds Firm
January 14, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in SEPLAT (+8.57%) and ARADEL (+5.54%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose sharply by 0.56% to settle at 166,771.95 points. Year-to-date returns strengthened […]
