October 30, 2025/SEC Nigeria The Securities and Exchange Commission (SEC) has announced a collaboration with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to track and freeze illicit digital wallets used for money laundering and other financial crimes. The Director-General of the Commission, Dr. […]
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Nigerian Banks and the Culture of Concealment: How Financial Results Are Being Cooked to Hide Losses
October 30, 2025 By Blaise Udunze In Nigeria’s banking industry, profit has become more a press release than a performance. Every results season, the same storyline plays out with record profits, rising assets, and promises of “strong fundamentals.” Yet, beneath the eye-catching headlines lies a quiet deception of a pattern […]
Equity Market Softens Further Amid Post-Rally Cooldown
October 29, 2025/United Capital Report Equities Market Report Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in BUACEMENT (-2.78%) and DANGCEM (-0.75%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.70%, closing at 154,262.36 points. Year-to-date returns weakened to close at […]
