Market Updates

Guinness Nigeria Plc has released its unaudited third quarter (Q3) 2026 financial results, reporting a pre-tax profit of N61.65 billion for the nine months ended September 2026. The results filed with the Nigerian Exchange (NGX) on Wednesday, October 21, represents a 55.34% year-on-year (YoY) increase from N39.69 billion in the... Read More →

Nigeria has unveiled a 10-year capital market roadmap aimed at mobilising domestic and foreign investment, expanding private-sector access to financing and supporting its ambition to build a $1tn economy by 2030. The Nigeria Capital Market Masterplan 2.0, covering 2026 to 2036, was launched alongside a National Savings Plan in Abuja... Read More →

Equity trading on the Nigerian Exchange Limited rebounded on Tuesday, as renewed buying interest in industrial, consumer goods, and select banking stocks pushed the main indicators back into positive territory. The All-Share Index gained 632.79 points or 0.26 per cent to close at 245,911.13 basis points, up from 245,278.34 basis... Read More →

Nigeria’s annual-average inflation is projected to decline significantly to 15.6 per cent in 2026 before easing further to 14.7 per cent in 2027, according to the latest economic assessment by the International Monetary Fund. This expected slowdown marks a noticeable deceleration from the elevated 23.0 per cent average inflation recorded... Read More →

NewGold Issuer Limited Pty Ltd has published its quarterly unaudited financial statements for the period ended 30 September 2026, delivering a total comprehensive income of $2.55m (N3.83bn or ZAR 42.27m). The financial disclosure, submitted to the Nigerian Exchange Group on Tuesday and issued pursuant to Listing Rules 12.20 and section... Read More →

Stablecoins are creating new channels for diaspora investors to participate in Nigerian investment opportunities, including the Dangote Refinery initial public offering (IPO), according to Abdul Akubo, Founder and Chief Executive Officer of Graph Finance. Akubo said stablecoins are evolving beyond cross-border payments into financial infrastructure for treasury management, dollar savings... Read More →