Market Updates

The Nigerian equities market closed on a bullish note on Thursday, driven by high-volume trading in the financial services and insurance sectors, which pushed total turnover across all boards to 1.39bn shares. Trading data showed that investors exchanged 1,399,109,855 shares in 46,153 deals, leaving aggregate market capitalisation at N142.17tn. Overall... Read More →

Nigeria’s record merchandise trade surplus is expected to narrow over the second half of 2026 as global crude oil prices pull back from their recent peaks, according to economic analysts at Coronation Asset Management. This was contained in the firm’s Q2 2026 Trade Statistics Report following data released by the... Read More →

The Nigerian equities market remained under pressure for a second straight session on Wednesday, September 9, 2026, as the benchmark All-Share Index (ASI) declined 1.05% to close at 242,223.10 points, erasing approximately N1.67 trillion in market capitalisation. The pullback, triggered by a massive sell-off in heavyweight stocks including BUA Cement,... Read More →

N Seven Nigeria Limited, the majority shareholder of Guinness Nigeria Plc, has further consolidated its equity position in the beverage giant through the acquisition of additional ordinary shares valued at N145.62m. According to an official share dealing notification submitted to the Nigerian Exchange Limited on Monday, the company secretary, Abimbola Ajibola-Jimoh,... Read More →

Fast-growing Nigerian financial technology platform, FinStore, has announced that small and medium-sized enterprises using its platform can now access loans of up to N100m to drive business expansion across the country. The Co-founder of FinStore, Ayomide Olupitan, disclosed this during an interaction with journalists on Monday, noting that the firm... Read More →

PanAfrican Capital Holdings Limited has unveiled a renewed vision to drive Africa’s economic growth as it celebrates its 20th anniversary. The milestone was commemorated at a media parley in Lagos, where the group’s leadership reflected on its evolution and outlined strategic ambitions for the continent’s development. Founded in 2006 through... Read More →