News
Zenith Bank stalls 20% below its 52-week peak at ₦110
Nigeria’s most valuable banking stock has gone flat after its record April rally, and the gap between price and fundamentals raises questions about what comes next.
Editor
Omobolade Ajibade
Omobolade is a finance and crypto editor specializing in DeFi, FX, and market analysis. With a sharp editorial eye and deep understanding of financial systems, she refines complex drafts into clear, credible, and high-performing content. Her work spans crypto explainers, macroeconomic insights, and trading-focused stories, ensuring accuracy, clarity, and strong SEO alignment. At the intersection of finance, blockchain, and content strategy, Omobolade helps brands and publications produce insightful narratives that engage readers and build trust.
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Articles Edited by Omobolade Ajibade
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News
First HoldCo crashes 20% in NGX weekly bloodbath
The parent company of First Bank of Nigeria dropped by a fifth in five trading sessions as the broader Nigerian market shed ₦5.64 trillion in investor wealth.
News
NGX Banking Index sheds 10% in brutal weekly selloff
Banking stocks bore the brunt of a five-day rout that wiped trillions from the NGX, with tier-one names like GTCO and First HoldCo leading the losses.
Personal Finance
Nigerian banks split sharply on loan pricing in June
Lending rates at six major lenders range from 16% to 46%, and the gap reveals a deeper story about Nigeria’s credit market.
News
BUA Cement drops 10% as building stocks face pressure
Nigeria’s second largest cement maker closed at its daily price floor, and it was not the only building stock that buckled on June 18.
News
Dangote insider offloads ₦34m in Nascon shares
A senior Dangote group staffer disposed of 173,400 Nascon shares in a single transaction, raising fresh questions about insider sentiment at one of Nigeria’s strongest consumer goods performers.
News
Nigerian Breweries churns 80,000 shares but barely moves
Nigeria’s largest brewer traded 80,000 shares on June 18, a thin volume for a stock that averages millions per session, yet the price barely budged while the broader market shed ₦2.18 trillion in value.
Investing
Rethinking concentration risk beyond the FTSE 100’s dividend giants
Ten companies. Fifty-two percent of the FTSE 100’s 2026 dividends. One sector cut could rewrite UK income returns. The headline yield hides what every passive income holder needs to see.
News
Flutterwave puts Nigeria at the centre of a $3.2B bet
Ripple’s equity investment positions Nigeria’s largest fintech at the center of a stablecoin-powered cross-border payment corridor across Africa.
News
Elon Musk’s $60B Cursor deal puts Nigerian devs on notice
The SpaceX-Cursor merger raises hard questions about AI tool access for the hundreds of Nigerian developers who built workflows around the code editor.
News
MTN Nigeria CFO goes on a ₦1.03bn share buying spree
The telecom giant’s finance chief purchased 1.3 million shares across 13 separate tranches in two trading days, a regulatory filing with the Nigerian Exchange Limited shows.
Investing
Dangote Refinery IPO: Everything Nigerian investors need to know
Africa’s biggest planned listing is moving closer, and Nigerian investors have a narrow window to get every account, document, and decision in place.