Market Updates

Wema Bank has rewarded 11 winning teams with N300 million at the seventh edition of its Hackaholics innovation programme to accelerate the development and commercialisation of technology-based solutions to economic and social challenges. The funding was unveiled at the grand finale of Hackaholics 7.0, themed ‘Festival of the Future’, which... Read More →

The Chartered Institute of Stockbrokers has challenged Nigeria’s capital market operators, policymakers and regulators to move beyond improved market infrastructure and capital mobilisation to financing productive investments, expanding businesses, creating jobs and delivering shared prosperity. The Institute recorded a historic expansion of its professional membership by inducting 509 Associates, its... Read More →

Nigeria’s Pension Industry Leadership Council and the UK-funded specialist development agency FSD Africa have signed an agreement in Lagos to support the development of a proposed $750m infrastructure fund. The initiative, as contained in a statement on Tuesday, is designed to harness the country’s vast pool of long-term savings to... Read More →

The Critical Minerals Financing Corporation is set to headline discussions on Africa’s critical mineral assets at one of the world’s largest mining investment forums in London, where more than 2,300 delegates and ministers from 60 countries will brainstorm on mining opportunities across Nigeria and the wider African continent. CMFC, Africa’s... Read More →

Airtel Africa plc has announced the purchase of 799,925 of its ordinary shares of USD 0.50 each in aggregate from Citigroup Global Markets Limited under its ongoing share buyback programme. The transactions, executed across the London Stock Exchange between 5 November 2026 and 6 November 2026, form part of a... Read More →

The Nigerian equities market lost N93.23 billion on Tuesday, November 10, 2026 as selling pressure in First HoldCo, Stanbic IBTC, Zenith Bank and NAHCO triggered reversal of a small part of the previous session’s rebound. The NGX All-Share Index (ASI) declined by 0.06% to 252,313.16 points from 252,456.74 points. Market... Read More →