Market Updates

NASD launches first digital securities platform Nigeria’s over-the-counter securities market, NASD OTC Securities Exchange, has launched a regulated digital securities market, becoming the country’s first exchange to offer a platform for issuing and trading tokenised securities. The NASD Digital Securities Platform is now live, with its inaugural public digital securities... Read More →

Private sector FX outflows jump 165% to $16.3bn Foreign exchange outflows through autonomous channels rose by more than 160 per cent in 2025, reflecting increased private-sector demand for foreign exchange despite stronger inflows into the economy, according to the Central Bank of Nigeria’s 2025 Annual Report and Statement of Accounts.... Read More →

SEC commences full e-registration for capital market The Securities and Exchange Commission has commenced the implementation of a fully electronic registration process for capital market operators, enabling designated regulatory services to be completed entirely online as part of efforts to modernise Nigeria’s capital market and improve regulatory efficiency. The Commission,... Read More →

Nigeria retains Africa’s upstream investment lead despite capital decline Nigeria has retained its position as one of Africa’s dominant oil and gas investment destinations despite a sharp decline in upstream capital flowing into the continent, with the International Energy Agency revealing that the country and four other major producers still... Read More →

NGX loses N648bn as renewed profit-taking hits equities The Nigerian stock market reversed Tuesday’s gains on Wednesday as renewed profit-taking across major counters triggered a broad-based sell-off, wiping out approximately N648bn from investors’ wealth. Widespread profit-taking outweighed targeted buying interest in selected counters, leaving market breadth firmly in the red... Read More →

Non-oil exports drive autonomous FX inflows to $71bn Higher earnings from non-oil exports helped push foreign exchange inflows from autonomous sources to $70.54bn in 2025, reinforcing the growing role of non-oil sectors in Nigeria’s external earnings, according to the Central Bank of Nigeria. The CBN’s 2025 Annual Report and Accounts... Read More →