Market Updates

Equity market extends rally as index gains 1.06% The Nigerian equities market extended its positive momentum for the second consecutive session on Tuesday, as renewed buying interest continued to drive capital appreciation across the bourse. The benchmark All-Share Index gained 2,524.00 points, representing a growth of 1.06 per cent to... Read More →

Domestic investors lead NGX’s 177% transaction spike Trading on the floor of the Nigerian Exchange Limited (NGX) sustained a rising profile in May, with total transactions increasing to N1.94 trillion, driven largely by increased participation from domestic investors. The latest NGX’s Domestic and Foreign Portfolio Participation Report showed that total transactions increased... Read More →

Fitch cautions Nigeria over risks in $5bn swap Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency, Fitch Ratings, has warned. In a special report obtained by The PUNCH on Monday, Fitch said that... Read More →

Domestic crude supply falls amid sabotage allegations Domestic crude supply to Nigeria’s refineries declined to 15.84 million barrels in May 2026, even as the facilities achieved a combined intake of 17.92 million barrels for the month, according to the latest midstream and downstream statistics released by the Nigerian Midstream and... Read More →

SEC boss urges African market collaboration The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has called for enhanced collaboration among African markets to ensure stronger interconnection within the continent and the development of new products. He spoke on Monday in Abuja during the signing of a Memorandum... Read More →

Market liquidity tightens as NGX value slides to N151.3tn A heavy wave of profit-taking and technical price adjustments dragged the Nigerian Exchange Limited into negative territory during the week ended 19 June 2026, forcing a 3.59 per cent contraction in the benchmark All-Share Index to close at 235,941.27 points, JIDE... Read More →