Market Updates

The Federal Government has lowered the interest rates on its latest savings bond offer, with investors set to earn 13.071 per cent on the two-year instrument and 14.071 per cent on the three- year bond. The Debt Management Office announced the rates in its October 2026 offer circular released on... Read More →

The Central Bank of Nigeria, on behalf of the Debt Management Office, will offer N900 billion in Nigerian Treasury bills at the first auction of the fourth quarter on Wednesday, with the one-year instrument accounting for nearly four-fifths of the offer. The auction will comprise N100bn in 91-day bills, N100... Read More →

The Central Bank of Nigeria has said its decision to cut the Monetary Policy Rate from 26.5 per cent to 23 per cent was designed to stimulate productive activities while sustaining efforts to bring inflation down to a single digit. The Director, Stakeholder Engagement and Institutional Relations Department of the... Read More →

Critical Minerals Financing Corporation Plc emerged as the best-performing stock on the Nigerian Exchange in September as investor demand surged for shares of the mineral-focused investment banking institution. Trading data provided by the NGX showed CMFC recorded the highest average capital gain of 55.96 per cent during the month, outpacing... Read More →

Nigeria’s financial markets are entering a pivotal transition period driven by a convergence of global geopolitical developments, shifting monetary policy signals, and the commencement of the third quarter corporate earnings reporting season. Analysts at Coronation Asset Management noted that macro conditions continue to offer both tailwinds and lingering inflationary pressures... Read More →

Nigeria’s capital market must accelerate regulatory reforms, widen access to long-term funding for small and medium-sized enterprises, and embrace digital innovation to sustain growth and attract more investment, financial market experts have said. The experts spoke at the 30th Anniversary Symposium of the Association of Issuing Houses of Nigeria in... Read More →