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Market Updates

Market Updates

CIS, ASHON Laud Capital Market Gains, Back N750tn Market-cap Target

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The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of  Nigeria (ASHON) have hailed the Nigerian capital market’s major milestones in 2026, citing regulatory reforms, international recognition, improved market infrastructure and landmark capital-raising initiatives as evidence of growing market strength. BuyMaps In a joint congratulatory message...
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Inflation to decline to 15.6% in 2026 – Report

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Nigeria’s annual average inflation is projected to decline significantly to 15.6 per cent in 2026 before easing further to 14.7 per cent in 2027, according to the latest economic assessment by the International Monetary Fund. This expected slowdown marks a noticeable deceleration from the elevated 23.0 per cent average inflation...
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NGX sheds N516bn as market reverses gains

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The Nigerian equities market closed on a bearish note on Wednesday, reversing previous gains as heavy selling pressure in major banking and financial stocks dragged the key performance indicators lower. The All-Share Index dropped by 0.32 per cent or 794.64 points to settle at 245,116.49 points, down from 245,911.13 points...
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Top NGX performers shortlisted for 2026 PEARL Awards

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PEARL Awards Nigeria has officially unveiled the nominees for its 2026 Awards, shortlisting top-performing companies quoted on the Nigerian Exchange Limited across major sectors of the economy. Speaking at a press conference held in Lagos, the President and Chief Executive Officer of PEARL Awards Nigeria, Tayo Orekoya, formally announced that...
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Expert advocates strict data privacy, fair lending

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Head of Compliance at FairMoney Microfinance Bank, James Edeh, has called on industry operators to prioritise responsible lending, customer data privacy and transparent operations to build sustainable consumer trust in digital banking. Edeh noted that although rapid digital innovation had broadened access to financial services, it must be supported by...
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