Market Updates

The Dangote Refinery IPO is officially here, with the offer opening today, September 14, 2026. Tagged “The IPO of the People,” the shares are being offered at N525 per share through an offer for subscription. This is important because it means the money being raised is going directly into the company rather than... Read More →

Aliko Dangote, President and Chief Executive Officer of Dangote Industries Ltd., says the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals (FZE) will democratise wealth creation for ordinary Nigerians and investors globally. Addressing the global capital market community that gathered at the trading floor of the Nigerian Exchange... Read More →

Former Chairman of Odu’a Investment Company, Dr Segun Aina, has urged the government to invest in human capital, strong institutions and ethical leadership, warning that infrastructure alone cannot guarantee Nigeria’s sustainable development. Aina, a former banker, stated this in his keynote address at the 13th annual public lecture of the... Read More →

NASD Plc is positioning for its next phase of growth by expanding beyond traditional securities trading into a broader capital-formation ecosystem to create diversified revenue streams and deliver long-term value to investors. The strategy reflects a growing need for private capital to finance Nigeria’s economic development across critical sectors, including... Read More →

Leading financial stakeholders and healthcare investors have called for the urgent establishment of a stronger domestic capital ecosystem to address Africa’s critical healthcare financing needs. The call comes at a pivotal moment, as international donor funding, historically anchored by programmes such as the United States Agency for International Development continues... Read More →

Widespread sell pressure dominated the Nigerian Exchange as 80 equities closed lower against just nine gainers. The index pullback pushed total turnover down to 3.647 billion shares worth N130.151bn, with the Financial Services industry continuing to anchor overall trading volume, JIDE AJIA writes The Nigerian Exchange Limited closed the trading week on... Read More →