Market Updates

Nigeria must deepen reforms to unlock opportunities – Okonjo- Iweala Nigeria must sustain its macroeconomic reforms and ensure they translate into jobs and improved living standards if it is to benefit from shifts in global trade, according to the Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala. Speaking at the... Read More →

Nigeria’s consumer credit drops 20% to N3.8tn Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per cent to N3.78tn in 2025 from N4.72tn a year earlier, as elevated interest rates dampened household borrowing, according to the Central Bank of Nigeria. The decline, disclosed in... Read More →

Bank recapitalisation must deliver cheaper, safer financial services – EFInA Nigeria’s banking sector recapitalisation will only achieve its purpose if the stronger capital base translates into visible improvements in the daily experiences of consumers, according to the Chief Executive Officer of Enhancing Financial Innovation and Access, Foyinsola Akinjayeju. Speaking at... Read More →

Stock market rebounds with N482bn gain The Nigerian equities market rebounded modestly on Tuesday, reversing the previous session’s marginal decline as renewed buying interest lifted the overall market capitalisation by N482bn. The All-Share Index gained 745.81 points, representing an increase of 0.30 per cent, to close at 247,984.55 points. Similarly,... Read More →

Reps applaud SEC’s fiscal reforms, revenue growth The House of Representatives has commended the Securities and Exchange Commission for enhancing its fiscal sustainability through cost-cutting measures and improved revenue generation. Deputy Chairman of the House of Representatives Committee on Finance, Saeed Abdullahi, gave the commendation on Tuesday during the 2026... Read More →

AVA Capital set for NGX Main Board listing AVA Capital Plc, an integrated financial services group, will be admitted to the main board of the Nigerian Exchange Limited on 31 July 2026, by way of listing by introduction. The company, in a statement on Tuesday, said that the move represents... Read More →