FMDQ Exchange records N496.61tn year-to-date turnover
FMDQ Exchange has recorded a total market turnover of N496.61tn between January and August 2026 across 162 business days, reflecting sustained liquidity and active market participation driven primarily by foreign exchange transactions and policy-linked fixed income instruments. The milestone, detailed... Read More →
NGX widens capital market access via messaging service
Nigerian Exchange Group Plc has expanded access to its NGX Invest platform with the launch of a dedicated WhatsApp subscription channel, providing retail and institutional investors with an additional pathway to participate in primary market public offers. Investors can initiate... Read More →
NASD targets N12bn Rights Issue for growth, infrastructure
NASD targets N12bn Rights Issue for growth, infrastructure NASD Plc has commenced a capital raising exercise to raise N12bn via a Rights Issue, aimed at strengthening its equity base, satisfying regulatory capital requirements, and funding its transition into a composite... Read More →
FX reforms, oil inflows push reserves above $54bn
Nigeria’s foreign reserves have increased by more than $21bn since Olayemi Cardoso became Governor of the Central Bank of Nigeria, giving the country a much bigger dollar buffer than it had when he took office. The reserves stood at $54.61bn... Read More →
Stocks hit record high as market cap reaches N163tn
The Nigerian equities market maintained a strong bullish momentum on Wednesday, as trading activities closed on a positive note across major market indicators, lifting the All-Share Index to an all-time peak. The benchmark All-Share Index advanced by 0.23 per cent... Read More →