NGX targets broader ownership as OPay considers local IPO
OPay, one of Africa’s leading fintech companies, has secured board and shareholder approval to pursue a secondary listing on Nigerian Exchange Limited following the completion of its planned primary listing on the New York Stock Exchange, a development that aligns... Read More →
NGX turnover hits N158.29bn ahead Q3 earnings
Trading activity on Nigerian Exchange Limited recorded an increase in value during the first full trading week of October, with total equity turnover rising to N158.29bn from N155.02bn in the preceding week. The market also closed Friday’s session on a... Read More →
NGX targets N300trn market cap, pushes for more listings
The Nigerian Exchange Group is targeting a market capitalisation of N300 trillion and pushing for more government-linked companies to list on the exchange as the capital market seeks a larger role in driving Nigeria toward a $1 trillion economy. Speaking... Read More →
‘Delayed petroleum bill cost Nigeria $235bn in investments’
Nigeria lost between $230bn and $235bn in potential investments because of the prolonged failure to pass the Petroleum Industry Bill, former Senate President Ahmad Lawan has said, recounting how he and the then Speaker of the House of Representatives, Femi... Read More →
CBN maintains deadline for local data storage
The Central Bank of Nigeria has ruled out an extension of the 1 January 2027, deadline for financial institutions to store and manage payment transaction data generated in Nigeria locally, putting pressure on banks, fintechs and payment service providers to... Read More →
FX market turnover surges 98% to $3.37bn
The Nigerian Exchange experienced a downturn during the trading week ended on Friday, October 9, 2026, as broader market indicators pulled back. Investors traded a total of 2.715 billion shares worth N158.280bn in 209,986 deals, reflecting a shift in market... Read More →





