Market Updates

Treasury Bills, OMO Dominate Fixed Income Market as Turnover Hits N29.36tn Nigeria’s fixed income market remained robust in July 2026, with transactions across Open Market Operation (OMO) Bills, Nigeria Treasury Bills, Federal Government of Nigeria (FGN) Bonds and Sukuk reaching a combined face value of N29.36 trillion from 9,875 trades.... Read More →

NNPC to acquire Seplat’s 10% JV for $281.6m Seplat Energy Plc has announced an agreement to sell a 10 per cent interest in the NNPCL-SEPNU Joint Venture to the Nigerian National Petroleum Company Limited for $281.6m, saying the transaction is expected to enhance shareholder returns and strengthen its balance sheet.... Read More →

34 institutions face sanctions over forex rule violations The Central Bank of Nigeria uncovered foreign exchange regulatory breaches by some authorised dealers after conducting a routine examination of 34 institutions, according to its 2025 Annual Report and Statement of Accounts. The review, which covered activities between 1 April 2024 and... Read More →

CBN cuts one-year T-bill yield after N3.62tn bids The Central Bank of Nigeria reduced the stop rate on its one-year treasury bill at Wednesday’s primary market auction after investors submitted overwhelming bids, reflecting sustained appetite for longer-dated government securities. Auction results showed total subscriptions of about N3.62tn against the N700bn... Read More →

Banks refund N19bn, $329m after customer complaints The Central Bank of Nigeria has disclosed that financial institutions refunded N19.12bn and $329.3m to customers in 2025 following the resolution of 18,824 consumer complaints, while banks and other financial institutions were sanctioned N430m for delays in resolving customer complaints. The figures were... Read More →

NASD launches first digital securities platform Nigeria’s over-the-counter securities market, NASD OTC Securities Exchange, has launched a regulated digital securities market, becoming the country’s first exchange to offer a platform for issuing and trading tokenised securities. The NASD Digital Securities Platform is now live, with its inaugural public digital securities... Read More →