Market Updates

Continental Reinsurance Holdings Limited has announced a strengthened investment proposition ahead of its planned listing on the Botswana Stock Exchange, following the approval of its Supplementary Prospectus by the BSE.  The Supplementary Prospectus confirms that the promoter-controlled existing shareholder vehicle, ACA Cornerstone Limited, will retain its entire 14.8 per cent... Read More →

The Chartered Institute of Bankers of Nigeria has called for stronger collaboration among banks,  government, regulators, development finance institutions and private investors to ensure that the N4.65tn raised through Nigeria’s banking sector recapitalisation translates into productive investment, industrial expansion and business growth.  The call was made at the Institute’s 2026 Fellowship Investiture,... Read More →

The Nigerian equities market lost about N3.28 trillion on Thursday, November 5, 2026, as heavy selling in Dangote Cement, Presco, UACN, HBM Nigeria and several Tier 1 banks dragged the benchmark index sharply lower. Dangote Cement and Presco each fell by a maximum of 10%, while UACN (-7.85%) and HBM... Read More →

Investors pay a premium for a fortress, and Guaranty Trust Holding Company has earned one. Customer loans are just 22% of deposits. The capital ratio was 34.9% in June, more than twice the regulatory minimum. Its return on equity, about 24%, would flatter any bank in London. The group also... Read More →

Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira. The rate was disclosed in a notice filed with the Nigerian Exchange (NGX) on Thursday,... Read More →

Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the week ended on Friday, 30 October 2026, indicates that investors... Read More →