Market Updates

FirstHoldCo Delivers N1.93 Trillion Gross Earnings and N653.5 Billion PBT in H1 2026 FirstHoldCo Plc has reported another outstanding financial performance for the half year ended June 30, 2026. Most notably, profit before tax rose by 83.5% to N653.5 billion, it recorded gross earnings of N1.93 trillion, representing a 16.7%... Read More →

143 firms battle for 50 oil blocks today The Nigerian Upstream Petroleum Regulatory Commission will open the decisive commercial phase of the 2025 oil and gas licensing round on Tuesday (today), with 143 companies set to compete for 50 blocks across Nigeria’s major and emerging hydrocarbon basins. The commercial bid... Read More →

CSCS pays first mid-year dividend of N1 per share The Board of Directors of Central Securities Clearing System Plc has approved a historic interim dividend of N1 per ordinary share for the six months ended 30 June 2026, marking the first time the company will pay a mid-year dividend in... Read More →

FG securities deliver positive real returns to investors Nigeria’s fixed-income market is offering investors something that has been scarce in recent years – real returns that outpace the inflation rate. When investment returns beat the inflation rate, investors gain, as the value of their money grows in purchasing power terms,... Read More →

Investors gain N1.755tn as NGX extends bullish run The Nigerian equities market opened the trading week on a strong footing, extending its bullish momentum as overall market capitalisation advanced by N1.755tn, reflecting sustained investor confidence and continued buying interest in large-cap stocks. The benchmark All-Share Index gained 2,721.83 points, representing... Read More →

How Monetary Discipline is Rebuilding Confidence in the Economy of Nigeria Nume Ekeghe writes that for years Nigeria’s monetary story was defined by uncertainty. However, stronger reserves, a more transparent foreign exchange market and renewed investor confidence are changing the narrative and trust becoming the economy’s most valuable asset There... Read More →