Market Updates

Amid Recapitalisation, NGX Insurance Index Records -8.65% YtD Performance Despite the recent insurance sector recapitalisation, the Nigerian Exchange Limited (NGX) Insurance Index has  depreciated by 8.65 per cent Year-till-Date (YtD) to emerge as the worst- performing segment on the bourse. The 8.65 per cent YtD performance as of August 21,... Read More →

Investors Transact N10.68tn Stocks in Seven Months on Improving Macro-economic Conditions On the back of stronger domestic participation, improving macroeconomic conditions and rising investor confidence, the Nigerian equities market sustained its positive run in the seven months of 2026, placing Nigeria among the world’s strongest-performing equity markets in dollar terms.... Read More →

FMDQ approves Ojaja Pan Africa’s N25bn commercial papers FMDQ Securities Exchange Limited has approved the quotation of Ojaja Pan Africa Limited’s N25.53bn Series 1, Series 2 and Series 3 Commercial Papers under its N100bn CP Issuance Programme on its platform. The approval, granted by the Exchange’s Board Listings and Markets... Read More →

United Capital notifies NGX as insider sells 3,651 shares Financial services conglomerate, United Capital Plc, has notified the Nigerian Exchange Limited and the investing public of a recent insider share transaction involving a member of its internal control department. The disclosure was made pursuant to Chapter 17 of the NGX... Read More →

Market sheds N440bn as energy, banking stocks fall Trading activity on the Nigerian Exchange Limited was heavily influenced by profit-taking and divestments in major blue-chip equities on Thursday, particularly within the energy, banking and insurance sectors, wiping N440bn from the market capitalisation. High-cap stock Aradel Holdings recorded significant losses, declining... Read More →

CBN pushes wider adoption of digital payment channels The Central Bank of Nigeria has called for greater adoption of alternative payment channels to expand access to financial services and stimulate economic activity. Acting Director, Corporate Communications and Investor Relations Department of the CBN, Hakama Sidi-Ali, made the call at the... Read More →