Market Updates

CSCS launches joint account feature for collaborative investing The Central Securities Clearing System Plc has announced the launch of a new suite of investor-centric services. At the forefront of this rollout is a groundbreaking Joint Account feature, designed to streamline collaborative wealth management for families and business partners. The initiative,... Read More →

SEC orders asset-freeze of 13 alleged terrorism-financiers across capital market Nigeria’s Securities and Exchange Commission (SEC) has ordered an immediate asset freeze of the 13 alleged terrorism-linked entities across the capital market. This follows the blacklisting of 10 individuals and three entities on the Nigeria Sanctions List by the Nigeria Sanctions Committee. This is according to the Commission’s sweeping compliance directive issued to capital market operators early morning... Read More →

Q1 2026: CBN Raises N4.86tn via NTBs as 91-Day Rate Hits 15.95% The Central Bank of Nigeria (CBN) in the first quarter of 2026 raised an estimated N4.86 trillion through the Nigerian Treasury Bills (NTB) as investors hedge against double-digit inflation.  This represents a 12.2 per cent decline from the... Read More →

FMDQ approves N22.68bn CP for Daraju expansion FMDQ Securities Exchange Limited has officially approved the quotation of Daraju Industries Limited’s N4.92bn Series 1 and N17.76bn Series 2 Commercial Paper under its N50.00bn issuance programme. The move marks a significant milestone for the Nigerian fast-moving consumer goods sector, providing a multi-billion-naira... Read More →

CBN tightens oversight as digital finance expands The Central Bank of Nigeria is tightening oversight of digital finance platforms, aiming to balance rapid innovation with stronger safeguards to protect stability and boost confidence, JIDE AJIA writes The Central Bank of Nigeria is stepping up efforts to reinforce confidence in the country’s financial... Read More →

NGX rally drives Nigeria’s frontier market re-entry International index provider FTSE Russell has officially restored Nigeria’s status to ‘Frontier Market’, a significant upgrade that reflects the sweeping infrastructure improvements and liquidity gains within the Nigerian Exchange. The decision, according to the NGX on Wednesday, marks the end of a period... Read More →