GBI&I Media News Blog

Today’s Weekly Business & Finance roundup (Sunday, July 19, 2026) shows Nigeria’s stock market added ₦622bn in investor wealth despite a slight index decline, while CBN policies boosted reserves above $40bn and FAAC disbursed ₦2.55tn to governments. Entrepreneurs and banks remain the week’s standout performers.    In the Nigerian Stock Market. Investors gained ₦622bn as market capitalisation rose to ₦157.06 trillion while, the NGX All‑Share Index slipped 0.14% to 243,462 points, reflecting mixed price movements.   Financial stocks dominated, accounting for 71% of trading volume.   Top gainers for the week were First Holdco, Fidelity Bank, UBA, Learn Africa. While top losers were BUA Cement, Red Star Express, PZ Cussons Nigeria.      ➡️Watch video Report on YouTube   Central Bank & Policy Updates The CBN introduced a new FX BDC Purchase Tracker portal to monitor forex purchases by Bureau de Change operators.   Nige...

In a week brimming with pivotal moments, Nigeria has experienced a whirlwind of events that have reshaped its political, entertainment, and educational landscapes. From leadership changes to heartwarming stories, and from legal battles to academic challenges, this week has been nothing short of transformative. Welcome to GBI AND I MEDIA.  Politics: Shifting Sands in Leadership The political scene was electrified with the announcement of a new Majority Leader in the Lagos State House of Assembly. This leadership change comes on the heels of President Bola Tinubu's endorsement of a new state in the Southwest region, signaling a potential shift in the political dynamics of the area. Meanwhile, in Edo State, the APC chairman has been accused of leading an invasion of the PDP secretariat, adding fuel to the already heated political climate. State governors have also thrown their support behind President Tinubu's tax reform bills, providing recommendations that could shap...