Market Updates

Dangote Industries Limited and the Botswana Stock Exchange have commended Nigerian Exchange Group for bringing African exchanges together to expand cross-border investment opportunities through the ongoing roadshow for the Dangote Petroleum Refinery and Petrochemicals FZE offer. The commendation came on Wednesday at an investor engagement in Gaborone, following an earlier... Read More →

Dangote Cement Plc has announced an update regarding its upcoming board meeting schedule, shifting the date forward to discuss crucial financial statements. In a notice issued to the Nigerian Exchange Limited and stakeholders on Thursday, the company stated that the meeting of its Board of Directors, which was earlier scheduled... Read More →

The European Investment Bank Group’s international development arm, EIB Global, and First City Monument Bank have announced financing totalling €85m to support private-sector companies across agricultural value chains in Nigeria. At least 70 per cent of the financing will target cocoa and dairy value chains. The announcement was made during... Read More →

Quest Merchant Bank Limited has boosted financial literacy and community development after successfully concluding the 2026 edition of Questember, its inaugural Corporate Social Responsibility month, with impactful initiatives centred on money management, environmental sustainability, and health and wellbeing. Held throughout September, Questember brought employees together to support communities through meaningful... Read More →

The foreign exchange spot and derivatives markets experienced a notable downturn during the week on Friday, with total turnover falling to $2,620.70m. This contraction follows a preceding week of high market activity where trading volumes had surged significantly under ongoing structural reforms by the Central Bank of Nigeria aimed at... Read More →

The Lagos Commodities and Futures Exchange is targeting transparent petroleum pricing, stronger competition, and improved investment decisions by positioning organised commodities trading as a strategic instrument in Nigeria’s evolving downstream petroleum market. Following its recent licence from the Nigerian Midstream and Downstream Petroleum Regulatory Authority to facilitate the trading and... Read More →