September 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said it does not have a fixed date for its proposed Initial Public Offering (IPO), noting that the final decision to proceed rests with its shareholders. Bayo Ojulari, Group Chief Executive... Read More →

The foreign exchange market in Nigeria experienced a notable surge in activity for the week ended 25 September, 2026, driven by strong growth across both spot and derivatives transactions. According to market data released by FMDQ Group Plc, total turnover... Read More →

The Chartered Institute of Bankers of Nigeria is launching a strategic initiative to ensure macroeconomic gains reach the real economy and ordinary households as ongoing banking sector reforms and recapitalisation strengthen the balance sheets of the country’s top-tier lenders. Speaking... Read More →

Sterling Financial Holdings Company Plc has commenced its approved share capital reconstruction, consolidating every 10 existing ordinary shares into one new ordinary share. Following the expansion of its equity base through multiple rounds of capital raises, the exercise is designed... Read More →

OPay, a leading fintech company in Nigeria, has received two major honours at the 5th edition of the Consumers Value Awards, further highlighting the strong confidence Nigerian consumers place in the fintech brand. At the awards ceremony held on Wednesday,... Read More →

Nigerian equity market capitalization shed N468.63 billion to close at N163.530 trillion on Tuesday, September 29, 2026, as trading activity on the Nigerian Exchange (NGX) closed on a bearish note despite substantial liquidity. Investors traded a total of 548,646,300 equity... Read More →

The Nigerian equities market maintained its winning streak into a third consecutive week, with the benchmark NGX All-Share Index (ASI) rising 2,308.85 basis points or approximately 0.92%, to close at 252,113.41 points on Friday, September 25, up from 249,804.56 points... Read More →

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. The All-Share Index (ASI) and large-cap tier-1 stocks... Read More →

Share prices of Nigeria’s largest listed companies have run well ahead of their latest earnings growth this year. That raises an important question for investors: how much of the market’s optimism is already priced in? The backdrop is an exceptional... Read More →