Market Updates

NGX gain N192bn despite broader market losses The Nigerian equities market closed higher on Thursday, with investors gaining N192bn as buying interest in selected banking, energy and consumer goods stocks outweighed losses across a broader segment of the market. The Nigerian Exchange Limited All-Share Index rose by 297.10 points, or... Read More →

BOI opens N250bn bond offer to fund businesses The Bank of Industry, through BOI Financing SPV Plc, has opened subscriptions for its inaugural Series  1  Fixed  Rate  Bond  worth  up  to  N250bn  under  its  $1bn  multi-currency instruments programme, seeking to raise long-term capital to finance businesses across Nigeria’s priority sectors.... Read More →

NGX ETFs rebound in July as Greenwich Alpha ETF leads with 30.41% gain The Greenwich Alpha ETF delivered the strongest monthly performance among Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) in July 2026, gaining 30.41% to lead a broad recovery across the segment, with nine of the... Read More →

Forex stability, $52.5bn reserves signal Nigeria’s economic recovery – Cardoso The Central Bank of Nigeria on Tuesday said the recent stability in the foreign exchange market, rising foreign reserves and moderation in inflation are indications that its ongoing monetary reforms are beginning to yield positive results. The CBN Governor, Olayemi... Read More →

Banks park N83.95tn with CBN as liquidity rises Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July, indicating a sharp rise in excess liquidity within the financial system despite the apex bank’s tight monetary policy stance. Latest... Read More →

Foreign reserves near $53bn as CBN reforms gain traction The Central Bank of Nigeria on Tuesday said recent stability in the foreign exchange market, rising foreign reserves and moderating inflation indicate that its ongoing monetary reforms are beginning to yield positive results. The apex bank disclosed that Nigeria’s external reserves... Read More →