Market Updates

Equities market sheds N2.39tn in July opening session The Nigerian equities market resumed its bearish trend to open trading activities for the month of July, as sustained selling pressure weighed on investor sentiment. The All-Share Index lost 3,729.11 points, representing a decline of 1.63 per cent to close at 225,690.07... Read More →

NGX unveils 2025 midyear index assessment results Nigerian Exchange Limited has announced the outcome of its Half-Year 2025 review of market indices following a comprehensive assessment of constituent companies across key market benchmarks. The updated constituent changes took effect at the opening of trading on Tuesday, 1 July 2025, reflecting... Read More →

Profit-taking Persists as Stock Market Decline by N2.34tn The domestic stock market opened the week on a negative note, as profit-taking in  MTN Nigeria Communications (MTNN) Plc and 44 others caused the overall capitalization to close lower by N2.34 trillion. As  MTN Nigeria depreciated by 10 per cent,  the Nigerian... Read More →

Stock market to recover gradually amid election risks — Adonri The Chief Executive Officer of HighCap Securities Limited, David Adonri, has said that Nigeria’s stock market is expected to stage a mild recovery in the second half of 2026, supported by improving corporate fundamentals and sustained macroeconomic reforms, despite persistently... Read More →

Marketers reject fuel pricing curbs, threaten shutdown Fuel marketers have declared that their filling stations will stop selling petrol should the Federal Government try to enforce price control. The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, issued the warning on Tuesday during an interview... Read More →

EU financiers expand Nigeria investment push with €20m European development finance institutions have expanded their investment presence in Nigeria with the launch of a fresh €20m Nigeria Country Window, alongside indications that additional funding is being prepared to support infrastructure, agriculture, healthcare, renewable energy, and small businesses. The announcement was... Read More →