Market Updates

NGX starts May bullish with N63bn market gain The Nigerian equities market opened the trading month of May on a positive trajectory yesterday as sustained investor interest drove the market capitalisation up by N63bn. This bullish start saw the All-Share Index advance by 881.16 points, representing a 0.36 per cent... Read More →

Fixed-income market flat as yields remain unchanged The Nigerian fixed-income market maintained a steady profile during intraday trading on Monday, as yields on benchmark Treasury bills and Federal Government of Nigeria bonds showed little to no movement across most maturities. According to market data from the FMDQ Exchange, the session... Read More →

Naira rebounds, gains N51 as FX volatility eases The Nigerian naira recorded a significant milestone in April 2026, marking its first monthly appreciation for the month of April in three years. According to data from the Central Bank of Nigeria, the local currency strengthened to close the month at N1,374/,... Read More →

CBN reforms boost resilience against global shocks As the Middle East crisis continues to unsettle economies and test resilience, SAMI TUNJI examines how the Central Bank of Nigeria’s recent reforms are influencing the country’s capacity to absorb external shocks, how effective those measures have been, and the areas where vulnerabilities persist Nigeria’s... Read More →

Access Holdings posts N1tn PBT, equity hits N4.33tn Access Holdings Plc’s audited financial results for the year ended 31 December 2025 revealed a fortress-like balance sheet, with shareholders’ funds climbing 15 per cent to N4.33tn, signalling a definitive shift in its corporate evolution, moving away from a decade of aggressive... Read More →

Naira records first April gain in NAFEX era The Naira strengthened against the United States dollar in April 2026, appreciating month-on-month from its March closing of N1,387/$ to close the month at N1,374/$. This is according to data from the Central Bank of Nigeria (CBN). This is the first time... Read More →