Market Updates

Nigerian equities emerge world’s top dollar-return stock market Nigerian equities have overtaken South Korea’s stock market to become the world’s best- performing equity market in dollar terms this year, buoyed by sweeping economic reforms, a stronger naira and improving foreign exchange liquidity, according to a new report by Bloomberg. The... Read More →

Oil prices jump 5%, stocks slide after Trump says Iran ceasefire over Oil prices soared and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was over, following renewed strikes in the Middle East. The latest bout of fighting was sparked by Iranian attacks on... Read More →

How SMEs can unlock long-term funds — NASD MD As Nigerian SMEs search for sustainable financing, the capital market is gaining prominence as a growth avenue. NASD Plc MD Eguarekhide Longe discusses funding opportunities, governance and expansion in this interview with JIDE AJIA The media recently reported that NASD Plc... Read More →

Stock Market Sustains Positive Momentum, Gains N8.48tn in Three Days The Nigerian stock market for the third consecutive trading session this week has appreciated by N8.49trillion over investors’ demand for highly capitalized stocks such as Dangote Cement Plc, Airtel Africa Plc and MTN Nigeria Communications Plc. According to THISDAY findings,... Read More →

Dangote’s N45 dividend to inject billions into NGX Investors in the Nigerian equities market are gearing up for a significant liquidity boost this week as the landmark N45.00 per share dividend payout from Dangote Cement Plc hits investors’ bank accounts, injecting billions of naira in raw cash into the financial... Read More →

NGX rebounds as capitalisation hits N155.59tn The Nigerian equities market closed the mid-week trading session bullish on Wednesday, as an aggressive wave of bargain hunting wiped out earlier performance jitters and drove market valuation to historic highs. The total market capitalisation of the Nigerian Exchange Limited crossed a significant threshold... Read More →