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Rising public debt dims CBN’s rate cut – Experts Economic watchers have said that Nigeria’s improving macroeconomic indicators, including a cautious 50-basis-point rate cut by the Central Bank of Nigeria, easing inflation, exchange rate stability, stronger external reserves, and sustained... Read More →

NGX Group records N22.9bn revenue, proposes N3 dividend The Nigerian Exchange Group Plc has reported core revenue of N22.9bn for the financial year ended 31 December 2025, about 36 per cent higher than N16.9bn in the previous year. The board... Read More →

Foreign transactions plunge 75% on weak block trades Foreign investor participation on the Nigerian Exchange Limited dropped sharply in January 2026 as total foreign participation recorded a significant 75.08 per cent decline in the first month of the year. The... Read More →

Bears dominate as NGX market value drops N1.40tn The Nigerian Exchange Limited experienced a bearish turn in the final week of February, with key market indicators closing in the red amidst a significant drop in trading turnover. According to the... Read More →

Recapitalisation: Mergers loom as 13 banks battle March 31 deadline As the recapitalisation deadline set by the Central Bank of Nigeria draws closer, fresh concerns are emerging over the fate of at least 13 banks still racing to meet the... Read More →

NGX extends bearish trading as market cap sheds N73.43bn Trading on the Nigerian Exchange Limited closed on a mildly negative note on Wednesday, as profit-taking in bellwether banking and insurance stocks offset pockets of bargain hunting across consumer and select... Read More →

NGX suffers N1.14tn loss on major stock sell-offs Sell-offs in bellwether stocks, including BUA Foods Plc, MTN Nigeria Communications Plc and Stanbic IBTC Holdings Plc, weighed heavily on the Nigerian equities market on Tuesday, erasing about N1.14tn in investor value... Read More →

Recapitalisation: Banks raise N4tn ahead of March deadline Banks have raised N4.05tn in verified and approved capital ahead of the March 31, 2026, recapitalisation deadline set by the Central Bank of Nigeria. The CBN Governor, Olayemi Cardoso, disclosed this on... Read More →

NGX Issues Advisory on Zichs Agro, Others over Price Movements NGX Regulation Limited (NGX RegCo), the independent regulatory arm of Nigerian Exchange Group, yesterday issued an advisory to the investing public in response to notable price movements observed in the... Read More →

Oando to allocate over 600 million shares Oando Plc has announced plans to proceed with the second tranche of its share distribution programme, with more than 600 million shares set to be allocated to eligible investors under a phased shareholder... Read More →