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Trading activities on the Nigerian Exchange closed on a positive note on Wednesday, as the market capitalisation recorded an upward movement to close at N160.812tn compared to N160.708tn recorded on the previous trading day. The market All-Share Index similarly appreciated... Read More →

The Debt Management Office is planning to raise N5.75tn through the Federal Government of Nigeria  bond offers in the final three months of 2026, extending the government’s borrowing programme after bond allotments more than doubled in the first nine months... Read More →

Trading on the floor of the Nigerian Exchange Limited closed on a bearish note on Tuesday, as profit-taking activities weighed on key market indicators and dragged the benchmark All-Share Index lower by 222.61 points to settle at 247,513.63 basis points... Read More →

Nigeria’s interbank borrowing costs declined on Monday as surplus liquidity in the financial system rose to N4.04tn, easing immediate funding pressures on banks ahead of a major Central Bank of Nigeria liquidity operation. Banking system liquidity increased by 8.99 per... Read More →

The planned N200 billion bond issuance by the Lagos State Government could provide fresh funding for critical infrastructure projects, including rail transport, bridges and hospitals, while offering investors another opportunity to earn returns from Nigeria’s domestic debt market. The proposed... Read More →

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 →

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 →

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 →

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 →