Market Updates

FirstTrust Mortgage Bank Plc is reinforcing its commitment to expanding access to structured and flexible financing solutions for Nigerians through a diverse portfolio of real estate and mortgage-related products designed to address a wide range of real estate and mortgage-related needs. The bank’s product offerings cater to homebuyers, existing homeowners,... Read More →

Prudential Zenith Life Insurance Limited, a subsidiary of Prudential Africa Services Limited, has emerged as Nigeria’s leading Million Dollar Round Table business, ranking number one in-country and featuring among the MDRT’s 2026 Global Top 100 companies worldwide. The achievement reflects the growing strength and agency excellence of Prudential Zenith Life’s... Read More →

The Nigerian equities market maintained a positive stance on Monday as trading activities closed with moderate gains across key indices. The Central Bank of Nigeria maintained its Monetary Policy Rate at 26.50 per cent. The NGX All-Share Index gained 352.24 points or 0.14 per cent to close at 250,156.80 points,... Read More →

Investors’ Return in Nigerian’s Stock Market Up N4.6tn in One Week Investors’ average return on the Nigerian stock market appreciated by N4.6 trillion week-on- week (W-o-W), driven by renewed demand across selected major indices. The benchmark indicator, Nigerian Exchange Limited All-Share Index (NGX ASI) gained 2.78 per cent or 6,751.82... Read More →

FX turnover drops 30.23% as spot, derivatives decline The foreign exchange market recorded a sharp contraction in activity as total trading turnover plummeted by 30.23 per cent to $2,366.30m for the week ended 18 September, 2026, according to official data released by FMDQ Group Plc. The total value of trades... Read More →

Fiscal, monetary coordination deepens as Nigeria battles inflation Nigeria’s fiscal and monetary authorities have formally committed to closer coordination on inflation, borrowing, liquidity and foreign exchange management. Whether the new arrangement changes existing conditions will depend less on the memorandum itself than on how government spending, borrowing and monetary decisions... Read More →