Market Updates

FX for business travels soar by 366% to $672m More Nigerians gained access to foreign exchange, boosting their spending on business travels by 366 per cent to $672.27m in the first nine months of 2025, up from $144.19m recorded in the corresponding period of 2024. The figures, contained in the... Read More →

Ecobank Nigeria fully repays $300m Eurobond Ecobank Nigeria has repaid the outstanding principal and accrued interest on its original $300m Eurobond due 16 February 2026. In an announcement on Wednesday, the lender said the repayment marked a significant milestone in its liability management strategy and overall balance sheet strengthening efforts.... Read More →

Nairagram Completes ₦10bn Capital Raise to Deepen Financial Connectivity Across Africa Nairagram, a leading pan-African payments and financial infrastructure company, has completed its ₦10 billion Commercial Paper issuance, fully subscribed within 48 hours of going to market.The organisation stated that the Commercial Paper programme received final regulatory approval from the... Read More →

NGX adds N5.1tn as ASI tops 190,000 points Trading on the Nigerian Exchange Limited soared on Monday, with the benchmark All-Share Index reaching a new historic high amid sweeping buying interest across the banking, industrial, and consumer sectors. The ASI climbed from 182,313.08 points on Friday to 190,262.44 points, a... Read More →

FG to borrow N800bn via February bonds The Debt Management Office has unveiled plans to raise N800bn through its February 2026 Federal Government bond auction, reflecting a sharp increase compared to the corresponding period last year, though lower than the record N900bn offered in January. According to the bond offer... Read More →

65% Nigerians demand lower interest rates as MPC convenes –Report As members of the Monetary Policy Committee of the Central Bank of Nigeria prepare for their next meeting, fresh survey results indicate that most Nigerians want lending rates reduced, despite lingering anxiety over inflationary pressures. This is contained in the... Read More →