May 2026

NGX dips 0.86%, sheds N1.3tn in selloff Nigeria’s equities market lost N1.347tn in value as investors exited bellwether stocks, triggering a broad sell-off across key sectors. The decline reflects renewed profit-taking and risk-off sentiment, with heavyweight counters driving the downturn... Read More →

Fintech oversubscribes debut CP, raises N6.89bn Sycamore Integrated Solutions Limited has closed its Series 1 Commercial Paper issuance at N6.89bn, exceeding its N3bn target with a subscription rate of 2.3x the offer size. The result places the Nigerian fintech among... Read More →

SEC pushes stronger sustainability reporting to attract investors The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has flagged weak sustainability reporting among Nigerian companies, warning that gaps in disclosures could limit access to global capital. Speaking in... Read More →

NGX starts May bullish with N63bn market gain The Nigerian equities market opened the trading month of May on a positive trajectory yesterday as sustained investor interest drove the market capitalisation up by N63bn. This bullish start saw the All-Share... Read More →

Fixed-income market flat as yields remain unchanged The Nigerian fixed-income market maintained a steady profile during intraday trading on Monday, as yields on benchmark Treasury bills and Federal Government of Nigeria bonds showed little to no movement across most maturities.... Read More →

Naira rebounds, gains N51 as FX volatility eases The Nigerian naira recorded a significant milestone in April 2026, marking its first monthly appreciation for the month of April in three years. According to data from the Central Bank of Nigeria,... Read More →

CBN reforms boost resilience against global shocks As the Middle East crisis continues to unsettle economies and test resilience, SAMI TUNJI examines how the Central Bank of Nigeria’s recent reforms are influencing the country’s capacity to absorb external shocks, how effective those... Read More →

Access Holdings posts N1tn PBT, equity hits N4.33tn Access Holdings Plc’s audited financial results for the year ended 31 December 2025 revealed a fortress-like balance sheet, with shareholders’ funds climbing 15 per cent to N4.33tn, signalling a definitive shift in... Read More →

Naira records first April gain in NAFEX era The Naira strengthened against the United States dollar in April 2026, appreciating month-on-month from its March closing of N1,387/$ to close the month at N1,374/$. This is according to data from the... Read More →

Market cap hits N155.9tn, investors gain N2.68tn The Nigerian Exchange closed April 2026 on a record high, shrugging off a volatile week in financial stocks as gains in industrial heavyweights lifted total market capitalisation to N155.9tn. Despite a steep banking-sector... Read More →