Market Updates

FG to borrow N800bn via February bonds The Debt Management Office has unveiled plans to raise N800bn through its February 2026 Federal Government bond auction, reflecting a sharp increase compared to the corresponding period last year, though lower than the record N900bn offered in January. According to the bond offer... Read More →

65% Nigerians demand lower interest rates as MPC convenes –Report As members of the Monetary Policy Committee of the Central Bank of Nigeria prepare for their next meeting, fresh survey results indicate that most Nigerians want lending rates reduced, despite lingering anxiety over inflationary pressures. This is contained in the... Read More →

Naira stabilises on $44bn export Nigeria’s total exports in the first nine months of 2025 outpaced the corresponding period of 2024 by $3.76bn. The figures feed into the improving local currency amid calls for inclusive gains for businesses and households. Data from the Central Bank of Nigeria Quarterly Statistics (December... Read More →

Pension reforms lift NGX 6.16%, add N6.79tn The Nigerian equities market experienced a massive bullish run during the past week as a major regulatory shift by the National Pension Commission triggered a wave of institutional buying. The NGX All-Share Index surged 6.16 per cent to close at a record 182,313.08... Read More →

UACN lists N54.03bn bond on FMDQ Exchange The FMDQ Securities Exchange Limited has approved the listing of UAC of Nigeria PLC’s N54.03 billion bond on its platform in a move aimed at advancing Nigeria’s debt capital markets and facilitating sustainable economic development. According to a statement on Sunday, the N54.03... Read More →

Lagos lists N244.8bn dual bonds on NGX The Lagos State Government has formally listed two massive bonds totalling N244.815 bn on the Nigerian Exchange Limited. This was disclosed in the weekly market report of the NGX on Friday. The listings fall under the state’s ambitious N1tn Debt and Hybrid Instruments... Read More →