By Peter Egwuatu, Assistant Business Editor As at today, 12th March 2026, 30 banks out of the 35 banks operating in the country have met the recapitalisation requirement of the Central Bank of Nigeria, CBN, according to findings by Vanguard. The remaining five banks have 19 more days to meet the recapitalisation deadline which ends […] The post 30 banks meet CBN recapitalisation rules 19 days to deadline appeared first on Vanguard News.

By Peter Egwuatu Lafarge Africa Plc has announced a revenue milestone of N1.1 trillion in 2025, representing a 53% surge from N696.8 billion recorded in the corresponding period of 2024. Profit After Tax (PAT) rose from N100.1 billion in 2024 to N273 billion representing a 173% increase. The company said this performance is underpinned by volume-led […] The post Lafarge Africa revenue surges 53% to N1.1trn appeared first on Vanguard News.

By Peter Egwuatu Nigeria’s private sector recorded a strong rebound in February, as renewed growth in customer demand lifted business activity and eased inflationary pressures, the latest Purchasing Managers’ Index (PMI) survey report by Stanbic IBTC Bank has shown. The headline PMI rose to 53.2 in February from 49.7 in January, returning above the 50.0 threshold […] The post Nigeria’s private sector rebounds as PMI climbs to 53.2 pts in February appeared first on Vanguard News.

…Incur N1.4trn loss last week   By Peter Egwuatu   The stock market has recorded significant milestones, with investors gaining N17.6 trillion in February 2026, the highest monthly gain ever in the history of the Nigerian capital market.   However, the investors lost over N1.4 trillion Week-on-Week, WoW, following  sustained profit-taking as  cautious sentiment persists. A review of the […] The post STOCKS: Investors gain N17.6trn in February appeared first on Vanguard News.

…Issues 1 for 3 bonus By Peter Egwuatu   The Nigerian Exchange Group, NGX Group has the recorded N15.6 billion Profit Before Tax, PBT,   in its audited results for the year ended 31 December 2025, up from N13.6 billion in the corresponding period 2024. The Exchange also declared N3.00 per share dividend and a bonus of one […] The post NGX Group records N15.6bn profit, declares N3.00 dividend appeared first on Vanguard News.

By Peter Egwuatu  The Nigerian equities market extended its bullish run, Week on Week,W/W, as sustained demand across key sectors lifted the benchmark index further into record territory amid rise in