Market Updates

Q1 2026: CBN Raises N4.86tn via NTBs as 91-Day Rate Hits 15.95% The Central Bank of Nigeria (CBN) in the first quarter of 2026 raised an estimated N4.86 trillion through the Nigerian Treasury Bills (NTB) as investors hedge against double-digit inflation.  This represents a 12.2 per cent decline from the... Read More →

FMDQ approves N22.68bn CP for Daraju expansion FMDQ Securities Exchange Limited has officially approved the quotation of Daraju Industries Limited’s N4.92bn Series 1 and N17.76bn Series 2 Commercial Paper under its N50.00bn issuance programme. The move marks a significant milestone for the Nigerian fast-moving consumer goods sector, providing a multi-billion-naira... Read More →

CBN tightens oversight as digital finance expands The Central Bank of Nigeria is tightening oversight of digital finance platforms, aiming to balance rapid innovation with stronger safeguards to protect stability and boost confidence, JIDE AJIA writes The Central Bank of Nigeria is stepping up efforts to reinforce confidence in the country’s financial... Read More →

NGX rally drives Nigeria’s frontier market re-entry International index provider FTSE Russell has officially restored Nigeria’s status to ‘Frontier Market’, a significant upgrade that reflects the sweeping infrastructure improvements and liquidity gains within the Nigerian Exchange. The decision, according to the NGX on Wednesday, marks the end of a period... Read More →

Lagos, FCMB unveil $500m human capital governance programme The landscape of public service delivery in Lagos State is undergoing a systemic transformation as the state government, in collaboration with the World Bank and First City Monument Bank, scales the Human Capital Opportunities for Prosperity and Equity–Governance programme. According to a... Read More →

SEC, NGX, Others Engage African Exchanges on Cross-border Listings The Securities & Exchange Commission ((SEC), NGX Group Plc and other capital market stakeholders in Africa recently convened in Lagos to advance cross-border listings and deepen integration across the continent’s capital markets. The engagement brought together stakeholders within the African Securities... Read More →