Market Updates

NGX begins week in red, sheds N10.9bn The Nigerian Exchange started the week on a bearish note as the market capitalisation fell by N10.9bn at the close of trading on Monday. Data released by the exchange showed that a total of 629.57 million shares were traded in 57,840 deals, valued... Read More →

SEC capital hike to spur mergers, squeeze smaller operators The Securities and Exchange Commission’s revised minimum capital requirement for capital market operators is expected to trigger mergers and acquisitions in Nigeria, with smaller players likely to exit the market, experts say. In a phone interview with The PUNCH on Monday,... Read More →

CBN pursues growth, tames inflation through reforms Nigeria’s economy appears to be entering a phase of renewed stability, with the Central Bank of Nigeria projecting stronger growth and lower inflation in 2026, driven by key structural and monetary reforms. In its latest macroeconomic outlook, the CBN forecast that Gross Domestic... Read More →

Stock Market Gains N2.6trn to Maintain Positive Momentum for Second Trading Week  The stock market section of the Nigerian Exchange Limited (NGX) maintained its positive momentum for the second week in 2026, adding N2.6 trillion to the market capitalisation as investors sentiment strengthened markedly from the start of the year.... Read More →

Mutual Benefit Pays N35.3 billion Claims  Mutual Benefit Plc has announced that it paid a total of N35.3 billion claims in Q3 2025. The  underwriting firm said Q3 figures represent cumulative claims paid from the beginning of the year through the end of the third quarter (January to September 2025).It... Read More →

Champion Breweries raises N42bn for bullet acquisition Champion Breweries Plc has said it is raising N42bn through a public offer of ordinary shares to fund the acquisition of the Bullet brand portfolio and strengthen its growth strategy, according to a statement made available to our correspondent on Sunday. The company... Read More →