CIS, ASHON Laud Capital Market Gains, Back N750tn Market-cap Target
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have hailed the Nigerian capital market’s major milestones in 2026, citing regulatory reforms, international recognition, improved market infrastructure and landmark capital-raising initiatives as evidence... Read More →
Dangote’s $1.6 billion refinery IPO could increase active Nigerian investors fivefold — NGX
Dangote Petroleum Refinery and Petrochemicals FZE’s $1.6 billion initial public offering (IPO) could increase the number of active investors in Nigeria’s capital market by as much as fivefold, according to the Nigerian Exchange Group (NGX Group). The Group Managing Director... Read More →
Inflation to decline to 15.6% in 2026 – Report
Nigeria’s annual average inflation is projected to decline significantly to 15.6 per cent in 2026 before easing further to 14.7 per cent in 2027, according to the latest economic assessment by the International Monetary Fund. This expected slowdown marks a... Read More →
NGX sheds N516bn as market reverses gains
The Nigerian equities market closed on a bearish note on Wednesday, reversing previous gains as heavy selling pressure in major banking and financial stocks dragged the key performance indicators lower. The All-Share Index dropped by 0.32 per cent or 794.64... Read More →
Top NGX performers shortlisted for 2026 PEARL Awards
PEARL Awards Nigeria has officially unveiled the nominees for its 2026 Awards, shortlisting top-performing companies quoted on the Nigerian Exchange Limited across major sectors of the economy. Speaking at a press conference held in Lagos, the President and Chief Executive... Read More →
Expert advocates strict data privacy, fair lending
Head of Compliance at FairMoney Microfinance Bank, James Edeh, has called on industry operators to prioritise responsible lending, customer data privacy and transparent operations to build sustainable consumer trust in digital banking. Edeh noted that although rapid digital innovation had... Read More →
NGX reverses gains as bearish pressure wipes out N516 billion in market value
The Nigerian Exchange Limited (NGX) reversed its brief upward traction on Wednesday, returning to negative territory as N515.95 billion was wiped out of equities market capitalisation. The main benchmark All-Share Index (ASI) shed 794.64 points or 0.32%, closing at 245,116.49... Read More →
AVA Capital posts N2.63 billion 9-month profit as client funds hit N77.79 billion
AVA Capital Plc reported profit before tax of N2.63 billion for the nine months ended September 30, 2026, as client investment funds rose to N77.79 billion following the expansion of its asset management business. The financial services group recorded revenue... Read More →
Guinness Nigeria’s 9M 2026 pre-tax profit rises 55% to N61.65 billion, declares interim dividend
Guinness Nigeria Plc has released its unaudited third quarter (Q3) 2026 financial results, reporting a pre-tax profit of N61.65 billion for the nine months ended September 2026. The results filed with the Nigerian Exchange (NGX) on Wednesday, October 21, represents... Read More →
SEC targets 10-fold growth in investment funds
Nigeria has unveiled a 10-year capital market roadmap aimed at mobilising domestic and foreign investment, expanding private-sector access to financing and supporting its ambition to build a $1tn economy by 2030. The Nigeria Capital Market Masterplan 2.0, covering 2026 to... Read More →









