Market Updates

DMO opens July FGN Savings Bond at 15.716% The Debt Management Office has opened the July 2026 FGN Savings Bond subscription, offering Nigerians investment opportunities with returns of up to 15.716 per cent per annum. The latest offering marks the highest interest rate compared with previous issuances since the beginning... Read More →

FMDA: July Liquidity Inflows to Hit N12.39tn as OMO Maturities Dominate The nation’s financial system is set to receive an estimated N12.39 trillion in liquidity inflows in July, an 8.7 per cent increase over the N11.40 trillion recorded in June, with the ultimate impact on market liquidity expected to hinge... Read More →

H1: Overall Value of Bonds, ETF, Equities on NGX Up N51.6trn On the back of improved economic indicators in Nigeria, the overall market capitalisation of all listed securities on the Nigerian Exchange Limited (NGX) recorded a staggering gain of N51.6 trillion in the half year ended June 30, 2026. The... Read More →

Demand for MTN, Dangote Cement, Others Lift Stock Market by N1.86tn The Nigerian stock market yesterday sustained its positive momentum, advancing by N1.86 trillion as investors renewed interest in MTN Nigeria Communications Plc, Dangote Cement Plc,  and 52 others. As the stock price of MTN Nigeria Communications gained 2.62 per... Read More →

Naira holds firm as CBN’s hawkish stance, higher oil output boost FX stability The Naira has shown relative stability in 2026 after sharp volatility in 2024–early 2025. It strengthened notably from peaks above the 2024 lows and is trading below the N1400/$ mark. The official spot exchange rate is hovering... Read More →

NGX lost N13 trillion in June — Here’s how to separate bargains from traps The month of June 2026 was not particularly a good month for Nigerian equities investors. Nigerian equity market shed over N13 trillion in a single month, and the bleeding was not confined to a handful of... Read More →