Market Updates

Fintech oversubscribes debut CP, raises N6.89bn Sycamore Integrated Solutions Limited has closed its Series 1 Commercial Paper issuance at N6.89bn, exceeding its N3bn target with a subscription rate of 2.3x the offer size. The result places the Nigerian fintech among an elite group of technology-driven firms that have successfully tapped... Read More →

SEC pushes stronger sustainability reporting to attract investors The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has flagged weak sustainability reporting among Nigerian companies, warning that gaps in disclosures could limit access to global capital. Speaking in Abuja on Tuesday at the launch of the Nigerian Corporate... Read More →

NGX starts May bullish with N63bn market gain The Nigerian equities market opened the trading month of May on a positive trajectory yesterday as sustained investor interest drove the market capitalisation up by N63bn. This bullish start saw the All-Share Index advance by 881.16 points, representing a 0.36 per cent... Read More →

Fixed-income market flat as yields remain unchanged The Nigerian fixed-income market maintained a steady profile during intraday trading on Monday, as yields on benchmark Treasury bills and Federal Government of Nigeria bonds showed little to no movement across most maturities. According to market data from the FMDQ Exchange, the session... Read More →

Naira rebounds, gains N51 as FX volatility eases The Nigerian naira recorded a significant milestone in April 2026, marking its first monthly appreciation for the month of April in three years. According to data from the Central Bank of Nigeria, the local currency strengthened to close the month at N1,374/,... Read More →

CBN reforms boost resilience against global shocks As the Middle East crisis continues to unsettle economies and test resilience, SAMI TUNJI examines how the Central Bank of Nigeria’s recent reforms are influencing the country’s capacity to absorb external shocks, how effective those measures have been, and the areas where vulnerabilities persist Nigeria’s... Read More →