Why NGX postponed launch of new Shares Pricing Methodology
The Nigerian Exchange (NGX) postponed the scheduled August launch of its new pricing methodology as market participants called for more time to absorb the impact of recent reforms, particularly the transition to T+1 settlement cycle, while investors prepare for the Dangote Refinery’s... Read More →
NGX rebounds as Seplat, Transcorp, GTCO lift index, but breadth stays negative
The Nigerian equities market snapped a two-day losing streak on Thursday, September 10, 2026, as the benchmark All-Share Index (ASI) rose modestly by 0.06% to close at 242,378.13 points, adding approximately N100 billion to market capitalisation. The rebound, driven by... Read More →
Nigerian companies reclaim 2023-pre-devaluation profit levels in dollar terms
Nigerian companies are reporting record naira profits recently, especially in H1 2026, but the more revealing question is whether those earnings have recovered to pre-2023 levels when measured in dollars. That question has become increasingly important following Nigeria’s foreign exchange... Read More →
Dangote Cement insider buys 986 shares worth N996,491
Dangote Cement Plc, Sub-Saharan Africa’s largest cement producer, has formally notified the Nigerian Exchange Limited and the investing public of a recent insider share transaction. The regulatory disclosure, titled “NOTIFICATION OF SHARE DEALING BY INSIDERS,” was filed on the bourse... Read More →
Insurance, banking trades drive N142tn equity turnover
The Nigerian equities market closed on a bullish note on Thursday, driven by high-volume trading in the financial services and insurance sectors, which pushed total turnover across all boards to 1.39bn shares. Trading data showed that investors exchanged 1,399,109,855 shares... Read More →
Analysts: Trade surplus to narrow as oil prices moderate
Nigeria’s record merchandise trade surplus is expected to narrow over the second half of 2026 as global crude oil prices pull back from their recent peaks, according to economic analysts at Coronation Asset Management. This was contained in the firm’s... Read More →
NGX sheds N1.67 trillion as sell-off deepens across sectors
The Nigerian equities market remained under pressure for a second straight session on Wednesday, September 9, 2026, as the benchmark All-Share Index (ASI) declined 1.05% to close at 242,223.10 points, erasing approximately N1.67 trillion in market capitalisation. The pullback, triggered... Read More →
N Seven Nigeria buys N145.6m extra stake in Guinness
N Seven Nigeria Limited, the majority shareholder of Guinness Nigeria Plc, has further consolidated its equity position in the beverage giant through the acquisition of additional ordinary shares valued at N145.62m. According to an official share dealing notification submitted to the... Read More →
Firm offers SMEs N100m loan, targets growth
Fast-growing Nigerian financial technology platform, FinStore, has announced that small and medium-sized enterprises using its platform can now access loans of up to N100m to drive business expansion across the country. The Co-founder of FinStore, Ayomide Olupitan, disclosed this during... Read More →
PAC Holdings targets growth, marks 20th anniversary
PanAfrican Capital Holdings Limited has unveiled a renewed vision to drive Africa’s economic growth as it celebrates its 20th anniversary. The milestone was commemorated at a media parley in Lagos, where the group’s leadership reflected on its evolution and outlined... Read More →









