September 2026

DLM Capital Group, a leading development investment bank, has fulfilled its second principal and interest (coupon) payment obligation to investors under its N9bn Sovereign Bond-Backed Composite Notes (SBCN). The instrument was issued under the group’s N30bn Medium-Term Notes Programme listed... Read More →

Treasury bill stop rates plunged across all three maturities at Wednesday’s primary market auction, with rates falling by 70 to 80 basis points following the Central Bank of Nigeria’s 350- basis-point monetary policy rate cut. The 91-day Treasury bill recorded... Read More →

ARM Aggressive Growth Fund broke into Nigeria’s top 10 equity mutual funds in August, replacing FCMBAM Equity Fund, as returns among the funds ranked seventh to 10th. Their returns ranged from 46.64 per cent to 52.90 per cent. ARM’s fund... Read More →

The Federal Government has linked interest charges on unpaid taxes to prevailing borrowing costs, saying delayed tax payments could force the government to borrow to cover revenue shortfalls. Under a new framework taking effect on October 1, 2026, interest on... Read More →

Money market rates declined on Wednesday as increased liquidity in the banking system pushed short-term funding costs lower. The development followed the Central Bank of Nigeria’s 350-basis-point cut in its policy rate to 23 per cent and the adjustment of... Read More →

NASD Plc has said it is seeking to raise N12 billion through a Rights Issue as the securities exchange strengthens its capital base and positions itself for its next phase of growth. The capital raise will support NASD’s regulatory recapitalisation... Read More →

Positive sentiments continued to dominate the  Nigerian stock market yesterday as gains in 28 stocks lifted the market  capitalisation by N622 billion. As a result, the Nigerian Exchange Limited All-Share Index (NGX ASI) rose by 0.38 per cent to close... Read More →

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 →

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 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 →