July 2026

Naira weakens 0.85% to close at N1,381.70/$ The Nigerian naira experienced a demanding week at the official foreign exchange window, extending its losses to close at its weakest weekly level against the United States dollar despite recent regulatory interventions by... Read More →

FX derivatives fall 45.19% on weak demand Activity in the Nigerian foreign exchange market slowed down significantly during the week ended 10 July 2026, as total turnover across the Spot and Derivatives markets plummeted by nearly half. According to the... Read More →

Market operators get July 10 filing deadline Nigeria’s capital market operators have been directed by the Securities and Exchange Commission to file their cross-border financial data on or before Friday, July 10, 2026. In a regulatory circular published on its... Read More →

NGX gains N961.75bn as rally enters 5th straight session Nigeria’s equities market sustained its bullish momentum on Thursday, extending its winning streak to five consecutive trading sessions as renewed buying interest in banking, telecommunications and consumer goods stocks lifted investors’... Read More →

Gold, copper prices rise amid global metals rally Gold and copper led the day’s gains on the international spot markets, as global commodity markets recorded a strong upward swing on Thursday. Both commodities provided a strong cushion for resource-heavy economies... Read More →

SEC proposes committee to restore Nigeria to global indices The Securities and Exchange Commission has proposed the establishment of an Index Reclassification Steering Committee to guide Nigeria back into global financial indices following positive indicators from major international ratings agencies.... Read More →

Nigerian equities emerge world’s top dollar-return stock market Nigerian equities have overtaken South Korea’s stock market to become the world’s best- performing equity market in dollar terms this year, buoyed by sweeping economic reforms, a stronger naira and improving foreign... Read More →

Oil prices jump 5%, stocks slide after Trump says Iran ceasefire over Oil prices soared and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was over, following renewed strikes in the Middle East. The... Read More →

How SMEs can unlock long-term funds — NASD MD As Nigerian SMEs search for sustainable financing, the capital market is gaining prominence as a growth avenue. NASD Plc MD Eguarekhide Longe discusses funding opportunities, governance and expansion in this interview... Read More →

Stock Market Sustains Positive Momentum, Gains N8.48tn in Three Days The Nigerian stock market for the third consecutive trading session this week has appreciated by N8.49trillion over investors’ demand for highly capitalized stocks such as Dangote Cement Plc, Airtel Africa... Read More →