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The Business NG - July 21, 2025

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In this issue

BusinessNG Editorial Focus – July 21, 2025
Transparency and Trust in Capital Markets

The ₦323 billion block trade involving RC Investment Management Limited and First HoldCo Plc has reignited a critical conversation around transparency in Nigeria’s capital markets. While First HoldCo has distanced itself—and its chairman—from the transaction, fundamental questions remain unanswered. Who exactly owns RC Investment? How was such a massive deal funded by a firm incorporated just over a year ago? And where is the regulatory clarity investors deserve?

These are not trivial concerns. In a market where investor confidence hinges on openness, the lack of visibility around major transactions can breed distrust. As foreign capital becomes harder to attract, Nigeria must do more to enforce beneficial ownership disclosure, scrutinize block trades, and ensure robust oversight. The onus is now on the Securities and Exchange Commission (SEC) and the NGX to act decisively.

Until sunlight reaches every corner of this deal, questions will linger—and so will market unease.

ASUU, Borno Leaders Reject Buhari Renaming of UNIMAID

President Bola Tinubu's decision to rename the University of Maiduguri after the late former President Muhammadu Buhari has ignited a wave of outrage across Borno State, with the institution's academic union and indigenous community leaders rejecting the move as politically motivated and deeply insensitive.

1 mins

62% of Nigerians Want CBN to Cut Interest Rates -Survey

As the Central Bank of Nigeria (CBN) prepares for its 301st Monetary Policy Committee (MPC) meeting scheduled for July 21-22, a recent CBN Household Expectations Survey has revealed that 62.4% of Nigerians want interest rates reduced.

1 mins

RC Investment's N323bn First HoldCo Deal Raises Investor Eyebrows

Fresh questions have emerged over the structure and credibility of RC Investment Management Limited, the newly revealed buyer of a massive323 billion block of shares in First HoldCo Plc.

1 mins

Read all Stories from The Business NG

The Business NG Description:

Publisher: Tuns-Media-&-Comm-Enterprise

Category: Newspaper

Language: English

Frequency: Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level