Market Updates

FirstTrust Mortgage Bank has unveiled a suite of tailored mortgage and real estate development solutions in a strategic push to bridge Nigeria’s housing deficit and expand access to property financing. The new product offerings, which feature facilities of up to N250m and extended repayment tenors of up to 20 years,... Read More →

Sovereign Trust Insurance Plc has secured its official Recapitalisation Certificate from the National Insurance Commission. The development marks a significant regulatory milestone for the insurer, solidifying its compliance with the federal government’s ongoing capital overhaul aimed at building a stronger and more resilient insurance industry. The certificate, issued following STI’s... Read More →

Champion Breweries Plc has announced that Mr Malolan Sampath has formally assumed office as its Managing Director and Chief Executive Officer with effect from 1 September 2026. The company disclosed this in an official corporate notification released on Tuesday on the Nigerian Exchange Limited, following an earlier announcement by the... Read More →

The Nigerian equities market closed on a positive note on Thursday as renewed buying interest in heavyweight energy, banking, and printing equities lifted key performance indicators. Specifically, the All-Share Index advanced by 369.05 basis points, or 0.15 per cent, to close at 246,388.22 bps, compared with the previous day’s close... Read More →

Nine listed MegaCap companies added N46.69 trillion in market value between December 31, 2025 and August 31, 2026, as the largest stocks on the Nigerian Exchange (NGX) recorded substantial increases in market capitalization during the first eight months of the year. Megacap stocks are companies with a market capitalization of... Read More →

Trading on the Nigerian Exchange Limited (NGX) on Wednesday, reversed earlier gains with the equities market closing marginally lower as losses in large and medium-capitalised stocks outweighed broad-based buying interest. The All-Share Index (ASI) declined 63.46 points, representing a 0.03% loss, to close at 246,019.17 points, compared with 246,082.63 points... Read More →