Market Updates

Mutual Benefits chairman cuts stake with 850,000-share sale The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the Nigerian Exchange Limited. The disclosure indicated that Ogunbiyi, a substantial... Read More →

Oyedele, LCCI back tax reforms to release investment capital The Lagos Chamber of Commerce and Industry and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, have noted that the new tax laws will stimulate economic growth, expand investment and improve job creation by harmonising... Read More →

EU removes Nigeria from financial crime high-risk list The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update was published on the European Commission’s website and follows Nigeria’s... Read More →

Recapitalisation: 20 banks hit capital mark ahead of deadline The Central Bank of Nigeria has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank shifts focus toward ensuring that stronger balance sheets translate into real... Read More →

SEC hikes minimum capital for market operators in major reform Nigeria’s Securities and Exchange Commission has introduced a comprehensive revision of minimum capital requirements for nearly all capital market operators, marking the most significant overhaul since 2015. The changes, outlined in a circular issued on January 16, 2026, obtained from... Read More →

ASHON Chairman: Inconsistent Policy Pose Biggest Challenges to Nigerian Capital Market   Congratulations on your election as the Chairman of Association of Securities Dealing Houses of Nigeria (ASHON). What is your general assessment of the current capital market environment? Thank you. My election represents a call to service. Despite short-term volatility,... Read More →