Market Updates

DMO targets N1.2tn via major bond reopenings The Debt Management Office, acting on behalf of the Federal Government of Nigeria, plans to raise N1.2tn through the reopening of two Federal Government of Nigeria bonds at an auction scheduled for 22 June 2026. According to the DMO’s offer circular released on... Read More →

World Bank forecasts sustained volatility in global gas prices The World Bank has projected continued volatility in global natural gas prices, warning that geopolitical tensions, supply disruptions and structural demand shifts will keep energy markets unstable in the near term. The forecast was outlined in an analysis based on the... Read More →

2025FY: Mutual Benefits Records Strong Financial Performance  Mutual Benefits Assurance Plc, has announced its audited financial results for the year ended 31 December 2025, reporting a strong performance marked by significant growth in profitability, improved insurance revenue and continued expansion of its balance sheet. The results underscored the company’s resilience,... Read More →

Stock Market Drops by N479bn on Profit–taking in PZ, Others  The stock market closed on a negative note as losses in PZ Cussons Nigeria Plc and 36 others N479 billion declined in the market capitalisation.  Consequently, the Nigerian Exchange Limited All Share Index (NGX ASI) dipped by 874.00 points or 0.35... Read More →

Cowry Securities clinches top spots in NGX rankings Cowry Securities Limited has emerged as one of the most active dealing member firms on the local bourse, securing top positions in both the equity and fixed-income categories of the weekly broker rankings. According to the weekly broker performance report released by... Read More →