Market Updates

2025FY: Mutual Benefits Records Strong Financial Performance  Mutual Benefits Assurance Plc, has announced its audited financial results for the year ended 31 December 2025, reporting a strong performance marked by significant growth in profitability, improved insurance revenue and continued expansion of its balance sheet. The results underscored the company’s resilience,... Read More →

Stock Market Drops by N479bn on Profit–taking in PZ, Others  The stock market closed on a negative note as losses in PZ Cussons Nigeria Plc and 36 others N479 billion declined in the market capitalisation.  Consequently, the Nigerian Exchange Limited All Share Index (NGX ASI) dipped by 874.00 points or 0.35... Read More →

Cowry Securities clinches top spots in NGX rankings Cowry Securities Limited has emerged as one of the most active dealing member firms on the local bourse, securing top positions in both the equity and fixed-income categories of the weekly broker rankings. According to the weekly broker performance report released by... Read More →

CBN bets on rules to stabilise FX market For years, Nigeria’s foreign exchange market has been shaped as much by uncertainty as by supply and demand. Importers complained about delays and documentation bottlenecks. Exporters often questioned whether existing procedures encouraged them to repatriate earnings through official channels. Investors worried about... Read More →

NGX index slips 0.35% amid broad market decline The Nigerian equities market closed on a bearish note on Tuesday as widespread profit-taking and sell-offs in medium and large-capitalised stocks dragged down the overall performance of the bourse. Consequently, the All-Share Index dipped by 874.00 points, representing a loss of 0.35... Read More →

CBN faces N10.90 trillion liquidity surge in June on N7.77 trillion OMO maturities The Central Bank of Nigeria (CBN) is set to confront renewed liquidity management pressures in June 2026 as Nigeria’s financial system is projected to receive N10.90 trillion in inflows, largely driven by maturing Open Market Operations (OMO)... Read More →