Market Updates

Four companies listed on the Nigerian Exchange have dividend qualification dates scheduled across September and October 2026, giving eligible shareholders the opportunity to receive payouts from the companies before the year ends. This is according to corporate disclosures filed with the Nigerian Exchange (NGX) and compiled by Nairametrics Research from... Read More →

The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market. The proposed rules, issued under the Investments and Securities Act... Read More →

Nigerian equities closed August 2026 on a mixed note, with the benchmark NGX All-Share Index (ASI) declining 0.44% over the month, even as a strong finish on the final trading day largely driven by banking and consumer goods sector gains helped the market retain much of its exceptional year-to-date gains.... Read More →

The Chairman of Heirs Group, Mr. Tony O. Elumelu’s stake in Seplat Energy Plc, held indirectly through Heirs Energies Ltd and Heirs Holdings Ltd, is now worth approximately $1.28 billion. This latest valuation is based on Seplat’s Tuesday, September 1, 2026 closing share price of N12,320.60 per share, reflecting a... Read More →

The Nigerian equities market sustained its bullish momentum on Tuesday, September 1, 2026, with the benchmark NGX All-Share Index (ASI) rising above the 246,000-point mark once again since August 11 when it closed at 246,723.57 points, extending gains from the previous session. The ASI advanced 0.77% to close at 246,082.63... Read More →

Trading activities on the floor of the Nigerian Exchange Limited closed on a positive note on Tuesday, driven by investor demand for agricultural and consumer goods stocks. The benchmark market capitalisation rose as key equities posted gains, led by FTN Cocoa Processors Plc and McNichols Consolidated Plc, which both recorded... Read More →