Market News Feeds
Nigeria’s most indebted states: Lagos, Delta, FCT leads as subnational debt rises to N4.59 trillion in Q2 2026
Nigeria’s state-level domestic debt stock continued to rise in the second quarter of 2026 to N4.59 trillion, although the increase was much slower than the sharp jump of 3.74% recorded between December…
Read moreBREAKING: GTCO’s pre-tax profit hits N603 billion, declares N1 interim dividend
Guaranty Trust Holding Company Plc (GTCO) has released its H1 2026 results, reporting pre-tax profit of N603.03 billion for the period ended June 2026, representing a marginal 0.35% increase from N600.90 billion…
Read moreNGX market cap hits record N164 trillion as trading volume surges
Trading activity on the Nigerian Exchange Limited (NGX) experienced a surge in liquidity on Monday, September 28, 2026, as total equity trading volume crossed the one-billion mark, reaching 1,024,773,814 shares exchanged across…
Read moreCBN to Nigerians: Handle Naira with dignity
KANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost…
Read moreLCCI leads push for digital tourism ecosystem in Nigeria
By Yinka Kolawole & Adaobi AbimbolaThe Lagos Chamber of Commerce and Industry (LCCI) has called for the development of a digitally intelligent tourism ecosystem in Nigeria, urging the government and private sector…
Read moreWhat the CBN MPR at 23% means for investments in bonds, mutual funds and pension funds
The Central Bank of Nigeria's decision to cut its Monetary Policy Rate (MPR) to 23% marks a major shift in the country’s interest-rate environment, with implications for bond prices, mutual funds, pension…
Read moreTotalEnergies plans 5% annual dividend growth through 2030
TotalEnergies SE, the global energy group, plans to increase its dividend by more than 5% annually through 2030 as it targets higher energy production and free cash flow over the period. The…
Read moreFG’s securitised Ways and Means debt drops N613 billion as moratorium ends
The Federal Government’s securitised Ways and Means debt declined by N613.34 billion in the second quarter of 2026, marking its first recorded reduction since the obligation was added to Nigeria’s public debt…
Read moreCBN policy buffers keep Naira-Dollar mid-term outlook stable
The official interbank/NAFEM market has remained relatively stable in the aftermath of previous structural shocks and aggressive peso devaluation. The large reserve buffer is preventing the sharp downward spirals seen in earlier…
Read moreStockbrokers to examine impact of record capital mobilisation on Nigeria’s economic growth
With Nigeria’s GDP growth at 4.43 percent in the second quarter (Q2) 2026, securities dealers under the aegis of the read more Stockbrokers to examine impact of record capital mobilisation on Nigeria’s…
Read moreNigeria’s manufacturing upgrade tops China’s economic pact —Consul General
By Nkiruka Nnorom & Marvellous Chukwunenye The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China…
Read moreManufacturers shouldn’t remain in survival mode, resilience’s no virtue —MAN DG
By Yinka Kolawole In a recent engagement with the media on the state of Nigeria’s manufacturing sector, Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, spoke on factors that continue…
Read moreCBN allots N12.823 trillion as investors pour N20.58 trillion in September OMO auctions against N3.9 trillion offer
The Central Bank of Nigeria (CBN) allotted approximately N12.823 trillion at four Open Market Operations (OMO) auctions in September 2026, as investors submitted a combined N20.58 trillion in bids against just N3.9…
Read moreCBN faces N8.57 trillion liquidity surge as OMO, Bond maturities hit banking system
Nigeria’s apex bank could face significant upsurge in system liquidity up to about N8.57 trillion this week beginning Monday, September 28, following a potential N2.59 trillion injection from maturing Open Market Operations…
Read moreNigerian stocks show overbought signals but little signs of market crash
Nigerian stocks achieved a record-breaking multi-year bull market, with the benchmark All-Share Index (ASI) remaining above the all-time high threshold of over 252,000 points. This trend reflects substantial year-to-date and multi-month gains.…
Read moreNigeria Infrastructure Debt Fund launches N45 billion capital raise
The Nigeria Infrastructure Debt Fund (NIDF) has launched a capital raise of up to N45 billion under its N200 billion issuance programme, offering investors an opportunity to participate in the country's largest…
Read moreFidelity leads FTSE stocks gain as bank trading surges
Nigerian stocks included in the FTSE Russell Frontier Market Index recorded a broadly positive performance this week, with 16 of read more Fidelity leads FTSE stocks gain as bank trading surges
Read moreCBN raised N8.14 trillion in T-Bills auctions, 40.34% above N5.8 trillion Q3 target
The Central Bank of Nigeria (CBN) allotted approximately N8.14 trillion across eight Nigerian Treasury Bills (NTB) auctions between July and September 2026, about 40.34% more than the N5.8 trillion targeted for the…
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