Market Updates

Federal Government, LASG Bonds Listing on NGX Jump to N6.93trn The federal government and Lagos State government bonds listings on the Nigerian Exchange Limited (NGX) increased to N6.93 trillion between January and July 16, 2026 amid playing a critical role in capital formulation in Nigeria’s  economy. The federal government through... Read More →

Oyedele: Tinubu Hasn’t Borrowed Up to N80trn, Blames Debt Rise on FX, Legacy Liabilities •    Says FG generated N21.6trn tax revenue in six months, external reserves hit 17-year high •    Senators raise concerns over rising debt, poor budget implementation despite higher revenues •Monguno warns failure to implement Appropriation Act could... Read More →

FirstHoldCo Delivers N1.93 Trillion Gross Earnings and N653.5 Billion PBT in H1 2026 FirstHoldCo Plc has reported another outstanding financial performance for the half year ended June 30, 2026. Most notably, profit before tax rose by 83.5% to N653.5 billion, it recorded gross earnings of N1.93 trillion, representing a 16.7%... Read More →

143 firms battle for 50 oil blocks today The Nigerian Upstream Petroleum Regulatory Commission will open the decisive commercial phase of the 2025 oil and gas licensing round on Tuesday (today), with 143 companies set to compete for 50 blocks across Nigeria’s major and emerging hydrocarbon basins. The commercial bid... Read More →

CSCS pays first mid-year dividend of N1 per share The Board of Directors of Central Securities Clearing System Plc has approved a historic interim dividend of N1 per ordinary share for the six months ended 30 June 2026, marking the first time the company will pay a mid-year dividend in... Read More →

FG securities deliver positive real returns to investors Nigeria’s fixed-income market is offering investors something that has been scarce in recent years – real returns that outpace the inflation rate. When investment returns beat the inflation rate, investors gain, as the value of their money grows in purchasing power terms,... Read More →