June 2026

Stock Market Appreciates by N1.64trn to Extend Positive Momentum The Nigerian stock market extended its gains for a second consecutive session as renewed buying interest in  Airtel Africa, Guaranty Trust Holding Company (GTCO), among other drive market capitalization by N1.64trillion... Read More →

Investors warned as SEC halts Dangote IPO publicity The Securities and Exchange Commission has directed capital market operators to immediately halt all promotional activities relating to a purported initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE, warning that... Read More →

Crude falls after 19m barrels cross Hormuz Strait President of the United States, Donald Trump, says a record 19 million barrels of oil flowed out of the Strait of Hormuz on Monday. According to Trump on Tuesday, oil prices are... Read More →

Equity market extends rally as index gains 1.06% The Nigerian equities market extended its positive momentum for the second consecutive session on Tuesday, as renewed buying interest continued to drive capital appreciation across the bourse. The benchmark All-Share Index gained... Read More →

Domestic investors lead NGX’s 177% transaction spike Trading on the floor of the Nigerian Exchange Limited (NGX) sustained a rising profile in May, with total transactions increasing to N1.94 trillion, driven largely by increased participation from domestic investors. The latest NGX’s Domestic... Read More →

Fitch cautions Nigeria over risks in $5bn swap Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency, Fitch Ratings, has warned. In a special... Read More →

Domestic crude supply falls amid sabotage allegations Domestic crude supply to Nigeria’s refineries declined to 15.84 million barrels in May 2026, even as the facilities achieved a combined intake of 17.92 million barrels for the month, according to the latest... Read More →

SEC boss urges African market collaboration The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has called for enhanced collaboration among African markets to ensure stronger interconnection within the continent and the development of new products. He spoke... Read More →

Market liquidity tightens as NGX value slides to N151.3tn A heavy wave of profit-taking and technical price adjustments dragged the Nigerian Exchange Limited into negative territory during the week ended 19 June 2026, forcing a 3.59 per cent contraction in... Read More →

Worry as investors lose N5.64 trillion to equity sell-off in one week The Nigerian Exchange Limited (NGX) declined by approximately N5.64 trillion last week as sustained selloffs across major sectors dampened investors’ sentiment and negatively impacted market performance. The lacklustre performance of... Read More →