IT Support

FGN Bond Dominates Corporates in N6.95trn New Listings on NGX  The Federal Government Securities (Bond and Sukuk) surpassed corporates in N6.95 trillion new listings on the Nigerian Exchange Limited (NGX) in the first five months of 2026 as the bourse... Read More →

Stock Market Down N366bn Week-on-Week Amid Profit-taking Activities  The market capitalisation of the Nigerian Exchange Limited (NGX)  depreciated by N366 billion in its week-on-week (WoW) performance  amid investor profit-taking in BUA Cement Plc (3.5 per cent decline).    As the NGX (ASI last week... Read More →

Legend Internet repays N10bn Commercial Paper Legend Internet Plc has announced the full and timely repayment of its Series 1 Commercial Paper under its N10bn multi-layered issuance programme, marking a key milestone in the company’s engagement with Nigeria’s debt capital... Read More →

Banks, fintechs report 82,143 suspicious transactions to NFIU Banks, fintech firms, insurance companies, capital market operators, and other reporting entities flagged 82,143 suspicious transactions to the Nigerian Financial Intelligence Unit in 2024 amid intensified efforts to detect money laundering, terrorism financing,... Read More →

NMDPRA enforces 3% host community fund contributions The Nigerian Midstream and Downstream Petroleum Regulatory Authority has intensified efforts to enforce the Host Community Development Trust framework under the Petroleum Industry Act 2021, ordering operators and licensees in the sector to comply... Read More →

FMDQ transactions hit $180.85bn on volume surge Activities in the Nigerian financial markets recorded a massive boost as the total turnover on the FMDQ Securities Exchange hit $180.85bn, driven by an unprecedented surge in transaction volumes across key market segments.... Read More →

NGX sustains bullish run with N917bn gain Nigeria’s equities market sustained its upward momentum on Tuesday as the benchmark indices closed higher, driven by renewed buying interest in select mid- and small-cap stocks. The market capitalisation of listed equities rose... Read More →

SEC fixes June 1 for T+1 settlement cycle transition The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for equities and commodities transactions in the Nigerian capital market, with effect from Monday, 1 June 2026.... Read More →

FGN bond subscriptions drop 45% despite higher yields Investor appetite for Federal Government bonds weakened in May 2026 as total subscriptions dropped by 45.6 per cent month-on-month, despite rising yields at the auction. Data released by the Debt Management Office... Read More →

US stocks retreat amid renewed inflation concerns Wall Street stocks retreated early Tuesday as analysts pointed to angst over inflation pressures as the prolonged Middle East war kept oil prices high. Equities had until recently “shrugged off the effects of... Read More →