Market Updates

Naira dips to N1,380.58/$ as global tension lingers The naira weakened to N1,380.58 per dollar at the official market, declining by 1.93 per cent week-on-week, as sustained foreign exchange demand continued to outpace supply, even as oil prices surged and system liquidity remained elevated at N5.93 trillion. Pressure in the foreign exchange market intensified last week,... Read More →

CBN Moves to Curb Pre-election Liquidity Risks, Signals Firm Anti-inflation Stance A report by VNL Capital has revealed that the Central Bank of Nigeria (CBN) appears to be taking a proactive stance to rein in inflationary pressures ahead of the 2027 election cycle. According to the report, early data point... Read More →

SEC DG Calls for Collaboration on Capital Market Development The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama,  called for  collaboration among all stakeholders in the nation’s financial system in its current regulatory drives aimed at fully exploring the potential of the investment space for sustainable development of... Read More →

Financial literacy essential life skill – FMDQ COO The Group Chief Operating Officer of FMDQ Group, Ms Tumi Sekoni, emphasised that financial literacy is no longer an optional advantage but a necessity for survival in a modern economy. Sekoni made this observation as the company successfully concluded its 2026 Global... Read More →

All-Share Index crosses 200,000 threshold in surge The Nigerian stock market reached a historic milestone on Wednesday as the All-Share Index surged past the 200,000-point threshold, signalling a period of unprecedented expansion for the local bourse. The benchmark index gained 32.14 points, representing a growth of 0.27 per cent to... Read More →

32 banks meet recapitalisation requirements before deadline – CBN The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Thursday disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme, ahead of the March 31, 2026 deadline. Speaking in Abuja at the Monetary... Read More →