Nigeria’s Eurobond Yields Rise to 8.2% as Investors Demand Higher Sovereign Risk Premium
Nigeria’s Eurobond yields have climbed as high as 8.2 per cent, signalling that international investors are still demanding a significant…
Category: Market
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…
Dow Falls 374 Points as U.S.-Iran Strikes Rattle Markets, But Wall Street Ends August Higher
The Dow Jones Industrial Average fell sharply on Monday as renewed military strikes between the United States and Iran sent…
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 governments around the…
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 price…
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 sparked…
August Stock Market: Haldane McCall, Access Holdings Lead Top Gainers as NGX Slips 0.44%
The Nigerian stock market ended August 2026 on a mixed note as the NGX All-Share Index (ASI) fell by 0.44%,…
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 week-on-week to…
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 fresh concerns about…
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 four-year high,…
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 Petroleum…
S&P 500 Futures Hold Steady as Investors Await Fed Chair Kevin Warsh’s Jackson Hole Speech
S&P 500 futures were little changed early Friday as investors turned their attention to Federal Reserve Chairman Kevin Warsh’s highly…
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 describe…
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 government securities as demand…
Nigerian Stocks Rebound as Market Capitalisation Gains N305.6bn, ASI Nears 240,000 Points
The Nigerian stock market staged a strong rebound on Thursday as renewed buying interest in major companies pushed total market…
FTSE Russell Confirms Nigeria’s Frontier Market Return, Sets September 21 Effective Date
Nigeria is set to officially return to Frontier Market status on September 21, 2026, after global index provider FTSE Russell…
Nvidia Forecast Sends Nasdaq Higher as Chip Stocks Rally
The Nasdaq Composite climbed 0.8% on Thursday, leading gains across major U.S. stock indexes after Nvidia delivered a stronger-than-expected earnings…
Stocks Rise as Oil Prices Slip Amid Growing Iran Tensions
Global stocks gained on Tuesday while oil prices eased as investors weighed the United States’ latest economic pressure on Iran…
Major Shareholders Control 46% of NGX Market Value as Mega-Cap Ownership Tightens
Major shareholders in 10 of Nigeria’s biggest listed companies now control stakes worth an estimated N73.11 trillion, representing about 46%…
Analysts Project 11.6% Growth for Nigerian Equities in H2 2026 as Investors Turn Selective
Nigeria’s equities market could record another strong performance in the second half of 2026, with analysts projecting an 11.6 per…
Domestic Investors Push NGX Transactions to Record N10.68trn in Seven Months
Domestic investors are driving a major surge in activity on the Nigerian Exchange Limited (NGX), with local transactions reaching a…
BOC Kenya Raises Dividend 60% Despite Sharp Profit Decline
BOC Kenya has delivered a mixed financial performance in the first half of 2026, with the industrial and medical gases…
S&P 500 Futures Steady as Wall Street Rebounds on Lower Treasury Yields
S&P 500 futures were largely unchanged early Thursday after Wall Street snapped a three-session losing streak in the previous session,…
S&P 500 Futures Slide as Rising Yields and Oil Prices Rattle Investors
U.S. stock futures came under pressure on Tuesday as rising Treasury yields and higher oil prices renewed concerns about inflation…
Crude Oil Rises Above $91 as Middle East Tensions Weigh on Global Markets
Crude oil prices extended their gains on Tuesday, with Brent crude climbing above $91 a barrel as hopes for a…
Stock Futures Rise as Investors Await Fresh U.S. Inflation Data
U.S. stock futures edged higher early Thursday as investors turned their attention to another key inflation report while continuing to…
U.S. Stock Futures Edge Higher as Investors Brace for Key Inflation Report
U.S. stock futures moved slightly higher on Wednesday as investors kept their attention firmly on the latest inflation report, a…
European Stocks Hold Steady as Oil Climbs Ahead of Key US Inflation Data
European stocks remained largely steady on Wednesday as investors took a cautious approach ahead of key U.S. inflation data, while…
CardinalStone, Finmal Finance and Lambeth Capital Lead NGX Trading Rankings
The Nigerian Exchange Limited (NGX) recorded another week of concentrated trading activity as CardinalStone Securities Limited, Finmal Finance Company Limited…
SEC Launches Nationwide Campaign to Help Nigerians Recover Unclaimed Dividends, Inherited Investments
The Securities and Exchange Commission (SEC) has launched a nationwide awareness campaign to help Nigerians recover unclaimed dividends and investments…