Market Updates

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 →

Worry as investors lose N5.64 trillion to equity sell-off in one week The Nigerian Exchange Limited (NGX) declined by approximately N5.64 trillion last week as sustained selloffs across major sectors dampened investors’ sentiment and negatively impacted market performance. The lacklustre performance of the market is sending panic into the investment market. The all-share... Read More →

FGN Bonds Lead Fixed Income Market Activity as Turnover Hits N1.16tn Trading activity in the fixed income market remained buoyant on June 19, 2026, with investors transacting securities worth N1.16 trillion across 447 deals, as Federal Government of Nigeria (FGN) bonds emerged as the most actively traded asset class. Data... Read More →