Market Updates

OPay has denied reports circulating on social media claiming it plans to suspend operations in September, describing the publication as false and misleading. The viral message, which gained traction across multiple platforms on Sunday, urged customers to withdraw their funds ahead of an alleged operational shutdown scheduled to begin on... Read More →

The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors at its first Nigerian Treasury Bills (NTB) auction for September 2026. The notice of an Invitation to Tender for Nigerian Treasury Bills obtained... Read More →

The Federal Government has set its sights on advancing Nigeria’s capital market to Emerging Market status following confirmation from global index provider FTSE Russell that the nation’s market will be officially reclassified to Frontier Market status from Monday, 21 September 2026. The reclassification marks Nigeria’s formal return to the global... Read More →

Market sentiment is expected to remain mixed as investors weigh selective bargain-hunting in fundamentally solid equities against routine profit-taking. JIDE AJIA reports Trading volume and market direction over the coming sessions will depend heavily on upcoming corporate earnings reports, broader macroeconomic indicators and central bank policy signals. While volatility may... Read More →

The Board of Directors of Access Holdings Plc has approved the Group’s audited interim consolidated and separate financial statements for the half-year ended 30 June 2026. The decision was taken during the board’s meeting held on 27 August 2026, marking a significant step in the group’s financial reporting calendar. “The... Read More →

Nigeria’s foreign reserves cross $53 billion, hit highest level since 2009 Nigeria’s foreign exchange reserves have risen above $53 billion for the first time in more than 17 years, reaching $53.11 billion as of August 24, 2026. Checks by Nairametrics on the Central Bank of Nigeria’s (CBN) data show that... Read More →