Stock market closes weaker amid sell pressure, as profit-taking persists
Stock market closes weaker amid sell pressure, as profit-taking persists The Nigerian Exchange (NGX) ended trading, last week, on a weaker note extending the bearish trend as investors continued profit-taking and cautious repositioning across major sectors. The negative performance, according to... Read More →
Naira ends October at N1,427.5/$1, best monthly performance since January
Naira ends October at N1,427.5/$1, best monthly performance since January The Naira ended October 2025 on a strong note, closing at N1,427.5 per U.S. dollar. Data from the Central Bank of Nigeria (CBN) shows that the local currency began the... Read More →
NGX Proposes Amendments to Trading Hours Rules, Seeks Stakeholders’ Feedback
NGX Proposes Amendments to Trading Hours Rules, Seeks Stakeholders’ Feedback The Nigerian Exchange Limited (NGX) has proposed amendments to its Rulebook of The Exchange (Trading License Holders’ Rules), specifically to Part XI, Rule 15.1 (Official Days and Hours of The... Read More →
SEC, CBN, EFCC partner to track, freeze illicit digital wallets
SEC, CBN, EFCC partner to track, freeze illicit digital wallets In a major step to strengthen oversight over Nigeria’s fast-growing digital finance ecosystem, the Securities and Exchange Commission (SEC) has disclosed that it is collaborating with the Central Bank of Nigeria... Read More →
NGX Group declares N1.00 interim dividend, sustains shareholder value creation
NGX Group declares N1.00 interim dividend, sustains shareholder value creation Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of... Read More →
Nigeria’s H1 2025 Economic Review and H2 Outlook: Bridging the Transition Gaps
Recent developments in the trade policy of the United States (US) have introduced uncertainty as a make-or-break factor for nations across the globe. The associated disruptions for most nations have generated significant shifts in economic trends, as prospects for a... Read More →
Stock Recommendation for the Week of July 21, 2025
Equities on NGX continued their bullish leap for the eighth consecutive week, with the NGX ASI closing above 131,000 points. The market’s upward trend was driven primarily by increased activity in the industrial, banking and consumer goods sectors. The... Read More →
Nigerian Capital Markets Q1 2025 Review: Resilience Amid Market Shifts and Economic Headwinds
The Nigerian Exchange Limited’s (NGX) All-Share Index (ASI) showed resilience in the first quarter of 2025, recording a year-to-date (YTD) gain of 2.66% amidst broader negative market sentiment, particularly in March. The index rose from 102,926.40 points on December 31,... Read More →
H2 Macroeconomic and Financial Market Outlook
Analysts at CSL released an outlook for the year’s second half, stating their views on the macroeconomy and the financial markets where they slightly reduced their forecast GDP growth rate to 3.32% from 3.37% as they anticipate the prevailing high-interest... Read More →
H1 2025 Stock Recommendation Review – The Art of Getting it Right
The year 2025 has so far been a unique year for investors, as major global and national political and economic events have made money and capital markets move with the ease of a grandfather rocking chair. The uncertainty has wrong-footed... Read More →