Market Updates

Stock Market Advances by N861bn on Buy Interest in Blue-Chip Coys The Nigerian stock market, yesterday advanced by N861 billion boosted by buying interest that pushed market capitalisation above N141 trillion mark. Similarly the Nigerian Exchange Limited All-Share Index (NGX ASI) gained 1,336.39 basis points or 0.61 per cent to close... Read More →

CBN allots N894 billion at April 22 Treasury-Bills auction as demand surge  The Central Bank of Nigeria (CBN) allotted a total of N894.17 billion at its Treasury Bills Primary Market Auction held on Wednesday, April 22, 2026, amid strong investor demand and stable stop rates across all maturities. The auction results seen by Nairametrics on Wednesday show that total... Read More →

Forex traders blame fiscal indiscipline, budget overlap as naira volatility worsens  Forex traders have attributed the worsening volatility of the naira at the parallel market to fiscal indiscipline and overlapping budget cycles by the Federal Government. This is according to insights from currency traders and market operators who spoke to... Read More →

CBN alerts public to fraudulent links targeting personal bank accounts  The Central Bank of Nigeria (CBN) has warned members of the public about the circulation of fraudulent messages and links designed to gain access to personal bank accounts. The warning was contained in a press release dated April 21, 2026,... Read More →

Tinubu sacks Wale Edun, Dangiwa as ministers President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Dangiwa, from their cabinet positions. A statement on... Read More →

Seven  Banks’ Total Assets Hits N147.2trn on Increased Capital Inflows, Recapitalisation On the back of increased capital inflows, enhanced lending strategies, and ongoing recapitalisation, seven listed banks on the Nigerian Exchange Limited (NGX), recorded N147.2 trillion total assets in 2025, about 11.4 per cent increase over N132.14 trillion reported in 2024. ... Read More →