Institute Restates Commitment To Capital Market Growth
The Chartered Institute of Stockbrokers (CIS) has reaffirmed its commitment to strengthening Nigeria’s capital market following the election of Jude…
Category: Market
PenCom Gives PFAs Green Light to Invest in Dangote Refinery IPO Ahead of Historic Listing
Nigeria’s pension industry is set for a major investment shift after the National Pension Commission (PenCom) approved a special waiver…
Asia Markets Mixed as Trump–Xi Talks and Iran Tensions Shake Investor Sentiment
Asia-Pacific stock markets traded mixed on Wednesday as investors reacted to rising geopolitical tensions, fresh U.S. inflation concerns, and anticipation…
FGN Bond Auction May 2026: DMO Announces N600 Billion Issuance to Finance Government Spending
The Debt Management Office has announced a fresh N600 billion Federal Government of Nigeria bond auction scheduled for May 2026…
European Markets Rebound as UK Gilt Yields Ease Amid Starmer Leadership Pressure
European stock markets opened higher on Wednesday, recovering from losses recorded in the previous trading session as investor confidence improved…
SEC Recapitalisation to Trigger Asset Management Consolidation in Nigeria
Nigeria’s asset management industry is set for a major shake-up as the ongoing Securities and Exchange Commission (SEC) recapitalisation exercise…
NGX ETFs Rebound Strongly as Trading Value Hits N1.11 Billion Amid Renewed Investor Interest
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a strong rebound in the week ended May 8,…
Nigeria Stock Market Crosses N160tn as Investor Confidence Drives Historic Rally
Nigeria’s equities market recorded a historic milestone on Monday as the market capitalisation of the Nigerian Exchange (NGX) crossed the…
European Stocks Slide as U.S.-Iran Peace Hopes Fade, UK Political Crisis Deepens
European stock markets opened sharply lower on Tuesday as investor confidence weakened following renewed uncertainty over a possible peace agreement…
Nigeria Money Market Stays Liquid Despite CBN Tightening as Billions Flow in from Maturities
Nigeria’s money market continued to show strong liquidity this week, even as the Central Bank of Nigeria maintained aggressive efforts…
Top 10 Equity Mutual Funds in Nigeria by YTD Returns (April 2026) Amid Strong Market Rally
Nigeria’s equity mutual fund space is seeing renewed attention from investors as strong stock market performance drives impressive year-to-date (YTD)…
Pension Fund Investments in Nigerian Equities Surge 27% Amid Stock Market Rally
Nigeria’s pension fund industry recorded a sharp increase in exposure to domestic equities in the first quarter of 2026, as…
Dangote Plans London Listing for $13bn Dangote Cement Amid Strong Profit Growth and Global Expansion Push
Africa’s richest man, Aliko Dangote, is preparing to take a major step in global capital markets as he plans to…
European Stocks Slip as Trump Tariff Threats Rattle Markets, UK Elections Add Political Uncertainty
European stock markets slipped on Friday as renewed trade tensions between the United States and the European Union unsettled investors,…
Naira Exchange Rate Strengthens Against US Dollar, Nears N1,350 Mark Amid Market Optimism
The Nigerian naira continued its upward movement against the US dollar in the official foreign exchange market on Wednesday, edging…
Nigeria Eurobonds rally as yields fall below 8% for the first time
Nigeria’s sovereign Eurobonds have entered historic territory, with yields dropping below 8 percent across the curve for the first time…
Nigerian Stock Market Gains N63bn as May Trading Opens on Bullish Note
The Nigerian stock market kicked off trading for the month of May on a positive note, recording a gain of…
Naira rebounds to N1,858/£1 amid improved FX inflows and market stability
The Nigerian naira has staged a modest recovery against the British pound, trading at N1,858/£1 in the official market, according…
NGX Group Q1 2026 Profit Surges 140% to N5.98bn on Strong Trading Activity
The Nigerian Exchange Group Plc delivered an impressive financial performance in the first quarter of 2026, posting a pre-tax profit…
Seplat Energy Q1 Profit Jumps to N52.5bn as Company Declares Dollar Dividend
Seplat Energy Plc has kicked off 2026 on a strong note, reporting a post-tax profit of N52.5 billion for the…
NGX Targets Deeper Market Growth as Shareholders Approve N2 Dividend, Bonus Shares
The Nigerian Exchange Limited (NGX) has reaffirmed its ambition to drive deeper capital market growth, strengthen transparency, and attract long-term…
Nigerian Stock Market Surges by N3.2trn as Investors Return, Market Cap Hits N147trn
The Nigerian stock market recorded a strong recovery on Wednesday, gaining N3.204 trillion in market capitalisation as renewed investor confidence…
VFD Group Reports N5.1 Billion Q1 2026 Profit as Investment Income and Other Gains Surge
VFD Group Plc has kicked off 2026 on a strong note, reporting a pretax profit of N5.1 billion for the…
Naira Weakens to N1,383/$ as External Reserves Drop Deepens FX Pressure
The Nigerian naira continued its downward slide on Tuesday, closing at N1,383 against the US dollar, as pressure intensified in…
European Stocks Slip as UAE OPEC Exit Clouds Global Oil Supply Outlook
European markets opened slightly lower on Wednesday, as investors reacted to a mix of corporate earnings and the unexpected decision…
CSCS Declares N1.78 Dividend as Profit Climbs on Strong Market Activity
Shareholders of the Central Securities Clearing System Plc (CSCS) have approved a total dividend payout of N8.9 billion, translating to…
US Dollar Weakens Ahead of Fed Decision as Middle East Tensions Ease and Oil Prices Rise
The US dollar weakened on Monday as global markets reacted to shifting geopolitical signals from the Middle East and growing…
FGN Bond Auction Draws N948bn in Strong Investor Demand Across Three Maturities
Nigeria’s domestic debt market recorded a strong showing in April 2026 as the Federal Government’s latest bond auction attracted a…
Dividend Inflows and Earnings Optimism Drive Nigerian Equities Market Gains This Week
Financial analysts are projecting another positive week for the Nigerian equities market, as fresh dividend inflows and rising optimism around…
CSCS Deepens Market Infrastructure Investment, Declares N1.78 Dividend Amid Expansion Drive
The Central Securities Clearing System Plc (CSCS) has reaffirmed its commitment to strengthening Nigeria’s capital market infrastructure through sustained investments…