Market Updates

NGX Group Appoints Olaniyan as Group Chief Strategy Officer Nigerian Exchange Group Plc (NGX Group) has announced the appointment of Ms. Jumoke Olaniyan as Group Chief Strategy Officer, further strengthening its executive leadership as the Group advances its next phase of strategic growth, digital transformation, product innovation and market development.... Read More →

Rising public debt dims CBN’s rate cut – Experts Economic watchers have said that Nigeria’s improving macroeconomic indicators, including a cautious 50-basis-point rate cut by the Central Bank of Nigeria, easing inflation, exchange rate stability, stronger external reserves, and sustained GDP expansion, are being overshadowed by a steadily rising public... Read More →

NGX Group records N22.9bn revenue, proposes N3 dividend The Nigerian Exchange Group Plc has reported core revenue of N22.9bn for the financial year ended 31 December 2025, about 36 per cent higher than N16.9bn in the previous year. The board of directors also proposed a total dividend of N3.00 per... Read More →

Foreign transactions plunge 75% on weak block trades Foreign investor participation on the Nigerian Exchange Limited dropped sharply in January 2026 as total foreign participation recorded a significant 75.08 per cent decline in the first month of the year. The Domestic and Foreign Portfolio Investment Report from the NGX shows... Read More →

Bears dominate as NGX market value drops N1.40tn The Nigerian Exchange Limited experienced a bearish turn in the final week of February, with key market indicators closing in the red amidst a significant drop in trading turnover. According to the weekly market data, the NGX All-Share Index depreciated 1.11 per... Read More →

Recapitalisation: Mergers loom as 13 banks battle March 31 deadline As the recapitalisation deadline set by the Central Bank of Nigeria draws closer, fresh concerns are emerging over the fate of at least 13 banks still racing to meet the new minimum capital requirement, with analysts warning that mergers may... Read More →