Market Updates

Recapitalisation signals new era for Nigerian banking The Central Bank of Nigeria, led by its Governor, Olayemi Cardoso, has sustained momentum around its vision of promoting regulatory excellence while reinforcing the foundations of Nigeria’s financial system. Central to this effort is the ongoing bank recapitalisation programme, which has already seen... Read More →

Equities gain as NGX posts N6.88bn modest growth The Nigerian Exchange Limited closed Wednesday’s trading session on a positive note, as equities gained marginally amid broad-based buying interest that lifted market capitalisation by N6.88bn. At the close of trading, the total market capitalisation of listed equities rose to N106.44tn from... Read More →

Investors watch yields as CBN sells N1.15tn bills The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with rising borrowing needs and cautious interest rate expectations. The auction... Read More →

Gains in Zenith Bank, 38 Others Lift Stock Market to Positive Territory The Nigerian stock market yesterday regained positive momentum amid demand for Zenith Bank Plc and 38 others that lifted  market capitalization by N93 billion. Following a 0.8 per cent increase in the stock price of Zenith Bank, the  Nigerian Exchange Limited... Read More →

IMF pushes for stronger public finances The International Monetary Fund has called on governments to rebuild fiscal capacity and keep public debt under control as spending pressures rise. In its 13-page World Economic Outlook update, published on Monday, the Fund urged countries to pursue medium-term fiscal consolidation while maintaining prudent... Read More →

NGX recovers, adds N93bn to market capitalisation Stocks closed higher on Tuesday as the Nigerian Exchange reversed losses from the previous session, with market capitalisation rising by N93.48bn to N106.44tn from N106.34tn on Monday. The All-Share Index also edged up by 144.33 points, or 0.09 per cent, to close at... Read More →