Market Updates

Access Holdings posts N1tn PBT, equity hits N4.33tn Access Holdings Plc’s audited financial results for the year ended 31 December 2025 revealed a fortress-like balance sheet, with shareholders’ funds climbing 15 per cent to N4.33tn, signalling a definitive shift in its corporate evolution, moving away from a decade of aggressive... Read More →

Naira records first April gain in NAFEX era The Naira strengthened against the United States dollar in April 2026, appreciating month-on-month from its March closing of N1,387/$ to close the month at N1,374/$. This is according to data from the Central Bank of Nigeria (CBN). This is the first time... Read More →

Market cap hits N155.9tn, investors gain N2.68tn The Nigerian Exchange closed April 2026 on a record high, shrugging off a volatile week in financial stocks as gains in industrial heavyweights lifted total market capitalisation to N155.9tn. Despite a steep banking-sector sell-off driven by disappointing dividend announcements, the broader market recorded... Read More →

Nigeria’s dollar GDP jumps 22% to $307bn –Report Nigeria’s dollar GDP rose by 22 per cent to about $307bn in 2025, driven by stronger economic output and a firmer naira, according to a report by Quartus Economics. “In 2025, Nigeria’s dollar GDP expanded 22 per cent. This comprises an 18.43... Read More →

Tinubu commends Cardoso as banking reforms lift confidence President Bola Tinubu has commended the Governor of the Central Bank of Nigeria, Olayemi Cardoso, citing ongoing reforms at the apex bank as part of efforts to stabilise the economy and support long-term growth. Speaking after the March 31, 2026, deadline for... Read More →

Shareholders hail GTCO’s N12.76 dividend payout Shareholders of Guaranty Trust Holding Company Plc have commended the management of the financial institution for the highest dividend payout of N12.76 in the Nigerian banking sector for the 2025 financial year. The shareholders at GTCO’s 5th Annual General Meeting also praised the Group’s... Read More →