Market Updates

FG plans to borrow N750bn via March bonds The Federal Government, through the Debt Management Office, has opened subscriptions for N750bn worth of Federal Government of Nigeria bonds for March 2026. Details from the March 2026 bond offer circular published on the DMO’s website on Wednesday showed that the offer... Read More →

New partnership to bolster integrity in Nigeria’s capital market The American Institute of CPAs and the Nigerian Capital Market Institute officially announced a strategic collaboration on Monday in Lagos to provide Nigerian Capital Market Operators with access to premier Internal Control and Enterprise Risk Management Certificate programmes. This initiative, driven... Read More →

NGX value dips to N128.98tn amid bearish pressure The Nigerian equities market reversed its recent upward trajectory on Wednesday as sustained profit-taking in banking heavyweights dragged the benchmark index lower, wiping out billions in investor wealth. Data from the Nigerian Exchange Limited showed that the All-Share Index declined by 37... Read More →

Legend Internet, Spectranet notify NGX of proposed merger Legend Internet Plc officially notified the Nigerian Exchange Limited and its stakeholders on Monday of a proposed merger with Spectranet Limited, intended to unify the businesses and operations of both entities under a single corporate structure. The transaction, which follows resolutions passed... Read More →

Naira gains as liquidity boost offsets reserve slide The naira strengthened in the official foreign exchange (FX) market on Tuesday, buoyed by improved liquidity conditions even as Nigeria’s external reserves extended their recent decline, highlighting the delicate balance facing policymakers. Data from the Central Bank of Nigeria (CBN) showed the... Read More →

CBN mandates IMTOs to use naira settlement accounts for diaspora inflows The Central Bank of Nigeria has moved to tighten oversight of diaspora inflows, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts in banks in a bid to improve transparency and deepen liquidity... Read More →