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Market Updates

Market Updates

SEC, CBN, EFCC partner to track, freeze illicit digital wallets

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SEC, CBN, EFCC partner to track, freeze illicit digital wallets   In a major step to strengthen oversight over Nigeria’s fast-growing digital finance ecosystem, the Securities and Exchange Commission (SEC) has disclosed that it is collaborating with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to...
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Stock Recommendation for the Week of July 21, 2025

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Equities on NGX continued their bullish leap for the eighth consecutive week, with the NGX ASI closing above 131,000 points. The market’s upward trend was driven primarily by increased activity in the industrial, banking and consumer goods sectors.   The All-Share Index (ASI) rose 5.74% to close at 131,585.66 points...
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