Financial News/Updates
Abbey Mortgage Bank surges 10% to lead NGX gainers
A stock that traded quietly for weeks just became the most active equity on the entire Nigerian Exchange on June 5, 2026.
Finance Category
Financial News/Updates
6 articles6 writers2026 latest
Financial News/Updates · Lead Story
First HoldCo moves 100,000 shares without budging
Something unusual happened to First HoldCo Plc on the Nigerian Exchange on June 10, 2026, and it had nothing to do with a crash or a rally.
Tobi Opeyemi AmureJun 11, 20261 min read
6 articles in Financial News/Updates
Financial News/Updates
CBN’s forex numbers at ₦1,373 raise new questions
If you checked the Central Bank of Nigeria’s exchange rate dashboard in early June 2026, the numbers looked reassuring at first glance.
Financial News/Updates
Naira breaks below ₦1,360 as CBN reserves near $50b
On June 4, 2026, the naira settled at N1,359.75 per dollar at the official Nigerian Foreign Exchange Market window.
Financial News/Updates
Nigeria’s reserves surge past $49bn in May, eyeing more
Nigeria ended May 2026 with $49.58 billion in external reserves, a figure that seemed improbable when the country’s foreign exchange cushion sat at roughly $32 billion in mid-April 2024.
Artificial Intelligence
Agentic AI Is About to Move Deposits for Customers. Banks Have Months, Not Years, to Respond
For the better part of two years, agentic AI in banking has been discussed mostly as an internal efficiency story, in which autonomous software helps employees underwrite loans faster, triage fraud alerts, or write code.