Market Updates

SEC raises capital thresholds for market operators The Securities and Exchange Commission has officially raised the minimum capital requirements for all Capital Market Operators in a move designed to overhaul the backbone of Nigeria’s financial ecosystem. The new directive, rooted in the Investments and Securities Act 2025, marks a significant... Read More →

Despite Tax Credit, 28 NGX Listed Firms Paid N2.5trn Tax in 2025 Despite the road infrastructure tax credit scheme of the federal government, 28 companies listed on the Nigerian Exchange Limited (NGX) paid an estimated N2.5trillion tax to Federal Inland Revenue Service (FIRS) and other revenue agencies in the financial year... Read More →

Direct Remittances Show Resilience, Jumped 97% YoY to $107.47m in January Nigeria’s diaspora inflows continued to show resilience, with total direct remittances reaching $1.22 billion in 2025 and sustaining strong momentum into the new year, according to the latest international payments data released by the Central Bank of Nigeria (CBN).... Read More →

Naira slips 1,385/$ amid Middle East tension The naira has come under renewed pressure in the foreign exchange market, slipping to N1,385 per US dollar as escalating conflict in the Middle East sends shockwaves through global financial systems. The local currency, which had previously shown signs of stability at N1,360,... Read More →

Stock rally lifts NGX ASI beyond 200,000 milestone Nigeria’s stock market hit a major milestone on Monday, with the NGX All-Share Index crossing the 200,000-point mark, buoyed by strong investor demand and broad-based gains across key sectors. The benchmark index rose 1.55% to close at 201,474.89 points, up from 198,407.30... Read More →

Reforms drive capital growth, says NGX CEO The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships. Popoola made this known while speaking at... Read More →