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Stock market sheds N170bn as investors dump mid-caps The Nigerian equities market retreated on Thursday as a wave of mild profit-taking in several mid-cap stocks dampened the recent rally, resulting in a total loss of N170bn for investors. This downward... Read More →

NEM Insurance proposes N1.50 dividend NEM Insurance Plc has announced a dividend proposal of N1.50 per ordinary share, totalling approximately N7.52bn, following a year of robust revenue growth and market expansion despite a volatile macroeconomic climate. The announcement was made... Read More →

SEC raises alarm over shady online investment platforms The Securities and Exchange Commission has warned Nigerians against the growing number of unregistered online investment schemes being promoted across social media platforms, describing many of them as Ponzi operations designed to... Read More →

Coronation Asset Management Launches Coronation Equity Fund Coronation Asset Management has launched the Coronation Equity Fund, an open-ended collective investment scheme designed to help investors participate in the long-term growth potential of the Nigerian equities market. The timing is deliberate.... Read More →

Stock Market Gains N1.52trn in One Day to Lift Capitalisation Above N161tn  The Nigerian stock market yesterday maintained its positive momentum as investors’ return advanced by an estimated N1.52 trillion to bring the total market capitalisation above the N161 trillion... Read More →

FX Market Turnover Hits $8.51bn, N1.06tn Maturities to Boost Banking Liquidity This Week Nigeria’s foreign exchange market recorded a sharp increase in trading activity in April 2026, with total turnover on the Nigerian Foreign Exchange Market (NFEM) rising to $8.51... Read More →

Nigerian equities will beat inflation in 2026 — CIS boss The outgoing 13th President and Council Chairman of the Chartered Institute of Stockbrokers, Oluropo Dada, an experienced investment expert, discusses key trends in Nigeria’s capital market and economy in this... Read More →

FMDQ Exchange approves listing of NMRC’s N11.50bn bond The FMDQ Securities Exchange Limited approved the listing of Nigeria Mortgage Refinance Company Plc’s N11.50bn 10-year 17.25 per cent Series 1 Fixed Rate Bond under its N440.00bn medium-term note programme. This is... Read More →

Unilever Nigeria to pay shareholders N18.67 billion dividend for 2025 Unilever Nigeria Plc has approved the distribution of N18.67 billion to shareholders as dividend for the 2025 financial year following resolutions passed at its Annual General Meeting (AGM) held on May 8,... Read More →

Naira weakens to N1,375/$ as dollar steadies amid renewed Middle East tensions The naira weakened slightly against the United States dollar on Monday, closing at N1,375/$ in the official foreign exchange market amid renewed global market uncertainty linked to rising... Read More →