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9 Companies Dominate NGX, Control 68% of N157.7trn Market Capitalisation
Nigeria’s equity market is becoming increasingly concentrated in a handful of major companies, with nine firms…
Nigeria’s Portfolio Inflows Rise 14.4% to $6.03 Billion in Q1 2026
Nigeria recorded a sharp increase in portfolio investment inflows in the first quarter of 2026, with foreign…
Financial, Oil Stocks Lift NGX Market Capitalisation to N158.4tn
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a strong note as renewed buying interest in major…
T-Bill Demand Stays Strong as Investors Turn Cautious on Long-Term Bonds
Nigeria’s fixed-income market is showing a clear shift in investor preference as strong demand for Treasury bills…
Dangote Refinery IPO Opens at N525 as Company Targets N2.15 Trillion
The Dangote Refinery IPO has officially opened on the Nigerian Exchange (NGX), giving investors an opportunity to…
Nigeria Returns to JP Morgan Bond Index After 11 Years, Gets 7.4% Weighting
Nigeria is set to make a major return to the global fixed-income market as J.P. Morgan includes the country in its…
SEC Warns Investors Against Fake Dangote Refinery IPO Platforms
The Securities and Exchange Commission (SEC) has issued a fresh warning to investors participating in the Dangote…
Dangote Refinery IPO Sparks Digital Race for 10 Million Nigerian Investors
The Dangote Refinery IPO has triggered a major digital scramble among Nigerian banks, stockbrokers and fintech…
NGX Rebounds as Trading Volume Surges 162%, Investors Gain ₦100bn
Trading activity on the Nigerian Exchange (NGX) bounced back strongly as investors traded 1.4 billion shares,…
US Treasury Yields Hold Steady as Investors Await Key Inflation Data
US Treasury yields remained largely steady on Thursday as investors turned their attention to fresh wholesale…
Stock Futures Slip as Brent Crude Surges Past $100 Amid U.S.-Iran Tensions
Stock futures edged lower early Wednesday as investors returned to a cautious mood following a broad sell-off in…
NGX Crosses N160tr as Oil Stocks Power Market Recovery
Nigeria’s equities market regained the N160 trillion market capitalisation mark on Monday as strong buying in oil…
FTSE Frontier 50 Index Names Six Nigerian Companies as Nigeria Returns to Frontier…
The FTSE Frontier 50 Index has listed six Nigerian companies as Nigeria prepares to officially return to the global…
Dangote Refinery Valued at N82.6 Trillion Ahead of N2.15 Trillion IPO
Dangote Petroleum Refinery and Petrochemicals FZE could be worth significantly more than its proposed listing…
Nigerian Stocks Lose N1.88trn as Investors Reposition Ahead of Dangote Refinery…
Nigeria’s stock market suffered a sharp reversal on Tuesday, September 8, 2026, with investors wiping about N1.88…
Naira Hits Two-Year High at N1,322/$ as Dollar Supply Boosts FX Market
The Nigerian naira has climbed to a two-year high, settling at around N1,322/$ in the official foreign exchange…
Nigeria’s Eurobond Yields Rise to 8.2% as Investors Demand Higher Sovereign Risk…
Nigeria’s Eurobond yields have climbed as high as 8.2 per cent, signalling that international investors are still…
CBN to Offer N700bn Treasury Bills in September’s First Auction
The Central Bank of Nigeria (CBN) is set to offer N700 billion worth of Nigerian Treasury Bills (NTBs) in its first…
Dow Falls 374 Points as U.S.-Iran Strikes Rattle Markets, But Wall Street Ends…
The Dow Jones Industrial Average fell sharply on Monday as renewed military strikes between the United States…
Global Bond Markets Near $100 Trillion as Government Borrowing Surges
The global bond markets are closing in on a historic $100 trillion milestone, highlighting just how heavily…
Aswani Family Expands Guinness Nigeria Stake as Tolaram’s Investment Gains $343m
The Aswani family of Singapore is continuing to increase its stake in Guinness Nigeria, even as the brewer’s share…
Oil Price Surges Above $94 as US-Iran Conflict Raises Strait of Hormuz Fears
Oil prices surged above $94 a barrel on Tuesday as the escalating conflict between the United States and Iran…
August Stock Market: Haldane McCall, Access Holdings Lead Top Gainers as NGX Slips…
The Nigerian stock market ended August 2026 on a mixed note as the NGX All-Share Index (ASI) fell by 0.44%, despite…
Nigeria’s FX Turnover Falls 48.7% to $2.71bn in One Week
Nigeria’s foreign exchange market recorded a sharp drop in trading activity as FX turnover fell 48.7 per cent…
Stock Futures Slip After U.S.-Iran Strikes as Wall Street Eyes Winning August
U.S. stock futures slipped early Monday after renewed military strikes between the United States and Iran triggered…
Safaricom Reclaims KSh1.5 Trillion Market Cap as Nairobi Stocks Extend Rally
Safaricom has reclaimed the KSh1.5 trillion market cap milestone after its share price climbed to a more than…
Kenya Pipeline Targets KSh93.7 Billion Revenue From 25-Year Gulf Energy Oil Deal
Kenya Pipeline Company (KPC) is set to deepen its role in Kenya’s emerging oil industry after its subsidiary, Kenya…
S&P 500 Futures Hold Steady as Investors Await Fed Chair Kevin Warsh’s…
S&P 500 futures were little changed early Friday as investors turned their attention to Federal Reserve…
Nigeria Returns to FTSE Frontier Market as Reforms Restore Investor Confidence
Nigeria is set to return to FTSE Russell’s Frontier Market status from September 21, 2026, in what market experts…
CBN Cuts T-Bill Rate to 17.15% as Investors Flood 1-Year Bill With N3.63tn Demand
Investors have sent a strong signal in Nigeria’s fixed-income market, showing a clear preference for longer-term…