Market Updates

Equities market gains N3.17tn as ASI crosses 250,000 mark The equities market extended its bullish run on Monday as the All-Share Index crossed the 250,000-point mark, with investors gaining over N3tn amid sustained buying interest in key stocks. Data from Nigerian Exchange Limited showed that the ASI advanced 2.33 per... Read More →

CBN cautions non-interest banks on governance weaknesses The Central Bank of Nigeria has warned non-interest financial institutions against governance and compliance risks capable of undermining public confidence and financial stability in the country’s growing Islamic finance sector. The warning was contained in a press statement issued by the apex bank... Read More →

External reserves shed $855 million in five weeks Nigeria’s external reserves declined by approximately $855 million within five weeks, falling from $49.18 billion on April 1, 2026, to $48.33 billion as of May 7, 2026. This is according to the latest figures released by the Central Bank of Nigeria (CBN).... Read More →

Access ARM Pensions posts N42.4bn revenue, declares N2m dividend Access ARM Pensions has posted a sharp rise in revenue in its first full financial year following the merger between Access Pensions and ARM Pensions. The results underscore the scale benefits and operational efficiencies already being unlocked by the combination of... Read More →

NGX RegCo secures N500m restitution for shareholders NGX Regulation Limited (NGX RegCo) has successfully facilitated recoveries exceeding N500m for shareholders following the resolution of various complaints involving market operators. The independent regulatory arm of the Nigerian Exchange Group recently achieved a major breakthrough by securing the restitution of N326.85m to... Read More →

CBN pushes stricter oversight after banking sector recapitalisation Following banks’ N4.65tn recapitalisation, the Central Bank of Nigeria is tightening governance standards, risk controls, and board accountability to strengthen stability and economic growth resilience, JUSTICE OKAMGBA writes The Central Bank of Nigeria has signalled a tougher regulatory approach for lenders following... Read More →