Market Updates

IMF pushes for stronger public finances The International Monetary Fund has called on governments to rebuild fiscal capacity and keep public debt under control as spending pressures rise. In its 13-page World Economic Outlook update, published on Monday, the Fund urged countries to pursue medium-term fiscal consolidation while maintaining prudent... Read More →

NGX recovers, adds N93bn to market capitalisation Stocks closed higher on Tuesday as the Nigerian Exchange reversed losses from the previous session, with market capitalisation rising by N93.48bn to N106.44tn from N106.34tn on Monday. The All-Share Index also edged up by 144.33 points, or 0.09 per cent, to close at... Read More →

Stocks, dollar, treasuries slide on US-Europe trade tensions Stocks, United States long-dated Treasuries, and the dollar declined sharply on Tuesday as investors reacted to renewed trade tensions between the United States and Europe, according to Reuters. The move reversed gains seen earlier in the week, reflecting heightened market uncertainty. Reuters... Read More →

FG doubles January bond borrowing to N900bn The Federal Government has moved to significantly scale up domestic borrowing, planning to raise as much as N900bn from its January 2026 bond auction. The amount doubles the N450bn it targeted in January 2025, as fiscal pressures and refinancing needs continue to mount.... Read More →

NGX begins week in red, sheds N10.9bn The Nigerian Exchange started the week on a bearish note as the market capitalisation fell by N10.9bn at the close of trading on Monday. Data released by the exchange showed that a total of 629.57 million shares were traded in 57,840 deals, valued... Read More →

SEC capital hike to spur mergers, squeeze smaller operators The Securities and Exchange Commission’s revised minimum capital requirement for capital market operators is expected to trigger mergers and acquisitions in Nigeria, with smaller players likely to exit the market, experts say. In a phone interview with The PUNCH on Monday,... Read More →