February 2, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a slightly positive note due to share price appreciation in ARADEL (+5.10%) and TRANSCORP(+0.87%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.01% to settle at 165,384.63 points. Year-to-date returns settled […]
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Recapitalisation: Silent Layoffs, Infrastructure Deficit Threat to $1Trn Economy
February 2, 2026 By Blaise Udunze The Central Bank of Nigeria’s recapitalisation exercise, which is scheduled for a March 31, 2026, deadline, has continued to reignite optimism across financial markets and is designed to build stronger, more resilient banks capable of financing a $1 trillion economy. With the ongoing exercise, […]
Dangote, NNPC Seal Strategic Gas Agreements
February 1, 2026/Dangote Group Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC […]
