Market Updates

The Nigerian Aviation Handling Company Plc has sustained its growth trajectory with double-digit increases across key performance indices in the third quarter of 2026, underlining continuous brand preference and operational efficiency. The company’s interim report and accounts for the nine-month period ended 30 September 2026, released at the Nigerian Exchange,... Read More →

Technology and telecommunications companies listed on the Nigerian Exchange (NGX) recorded varying revenue performances in 2026, with some reporting double-digit growth while others struggled to maintain their previous-year earnings. An analysis of the latest financial statements of nine selected NGX-listed companies shows that Omatek Ventures recorded the highest revenue growth... Read More →

The Nigerian Exchange (NGX) lost N3.52 trillion in equity market capitalisation in the week ended November 6, 2026, as the All-Share Index fell 2.13% to 248,877.22 points, with Honeywell Flour Mills and Transcorp Power leading a thin group of gainers. The NGX All-Share Index (ASI) closed the week at 248,877.22... Read More →

Cement is a dull business made interesting by whoever controls the kilns. In Nigeria that is Aliko Dangote, and the nine-month numbers show why it pays. Revenue rose a fifth to ₦3.77 trillion. Pre-tax profit rose 41% to N1.47 trillion. Subscribe to FTM, our exclusive stock recommendation service, and get... Read More →

Trading on the Nigerian Exchange Limited closed on a bearish note on Thursday, as equity market capitalisation dropped by N3.28tn to close at N162.13tn. The benchmark NGX All-Share Index dropped 1.98 per cent to close at 249,710.59 points, down from 254,762.81 points recorded in the previous trading session. The market... Read More →

Nigeria’s Central Bank absorbed N3.46tn from the financial system through its latest Open Market Operations and Treasury bills auctions, as investors submitted more than twice the amount offered despite unchanged T-bill stop rates.  The auctions, conducted on 3 and 4 November, attracted combined subscriptions of N5.57tn against offers of N2.3tn,... Read More →