Market Updates

Seplat leads as energy firms post N2.57tn revenue Nigeria’s listed energy companies recorded about N2.57tn in combined revenue in the first half of 2026, but their performances varied, with Seplat Energy posting strong growth while power generators Geregu Power and Transcorp Power recorded weaker revenue. The financial results of Seplat... Read More →

Stronger dollar supply lifts naira as reserves rise The naira recorded another weekly gain against the US dollar, benefiting from improved foreign exchange supply and stronger liquidity in the market. The currency closed at N1,346.49 per dollar in the official market, gaining N11.11 over five trading days, data from the... Read More →

CBN urged to expand oversight of fintech, cloud risks The Central Bank of Nigeria has been urged to expand its oversight of financial institutions to cover risks from cloud providers, telecom networks, fintechs and other technology partners. Director-General of the National Information Technology Development Agency, Kashifu Inuwa, said traditional regulatory... Read More →

SEC Proposes N30m Registration Fee, N2bn Capital Requirement for Crypto Firms The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for Nigeria’s digital asset industry, prescribing registration fees of N30 million and minimum capital requirements of up to N2 billion for operators in the rapidly expanding market.... Read More →

Amid Recapitalisation, NGX Insurance Index Records -8.65% YtD Performance Despite the recent insurance sector recapitalisation, the Nigerian Exchange Limited (NGX) Insurance Index has  depreciated by 8.65 per cent Year-till-Date (YtD) to emerge as the worst- performing segment on the bourse. The 8.65 per cent YtD performance as of August 21,... Read More →

Investors Transact N10.68tn Stocks in Seven Months on Improving Macro-economic Conditions On the back of stronger domestic participation, improving macroeconomic conditions and rising investor confidence, the Nigerian equities market sustained its positive run in the seven months of 2026, placing Nigeria among the world’s strongest-performing equity markets in dollar terms.... Read More →