Market Updates

Dangote Sugar, 25 Others Drag Market Cap Down by N197bn The stock market segment of the Nigerian Exchange Limited (NGX) opened the new week on a negative note, dropping by N197 billion on investors’ profit-taking in Dangote Sugar Refinery Plc, and 25 others.   Specifically, the market capitalisation, which opened at... Read More →

Monetary Reform as Blueprint for Sustainable Growth At the 60th Annual Bankers’ Dinner, Central Bank Governor Olayemi Cardoso delivered a speech that was both reflective and forward-looking, a sweeping account of Nigeria’s reform trajectory and its transition into a sustainable growth phase. The address was not mere rhetoric; it was... Read More →

Nigeria completes shift to T+2 settlement, targets T+1 On 28 November 2025, Nigeria’s capital market formally transitioned to a T+2 settlement cycle, a significant shift aimed at improving market efficiency, reducing risk, and aligning the country with global post-trade standards. OLUWAKEMI ABIMBOLA writes on the transition and its impact on the market... Read More →

SEC deepens collaboration to prosecute Ponzi scheme perpetrators The Securities and Exchange Commission has reaffirmed its commitment to strengthening inter-agency collaborations to identify and prosecute the promoters of Ponzi schemes in line with the Investments and Securities Act 2025. The Divisional Head, Legal and Enforcement, SEC, Mr John Achile, said... Read More →

Cardoso opens door to rate cuts in 2026 Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), said on Friday that the bank could resume interest-rate cuts next year if inflation continues to cool. Inflation eased to 16.05 percent in October 2025 from 33.88 percent in October 2024. Compared... Read More →

10 Stockbroking Firms Transact N6.6trn Worth of Stock in 11 Months With the ongoing rally in the Nigerian stock market,  a total of 10 stockbroking firms have transacted N6.6 trillion worth of stocks between January and November  2025. The 10 stockbroking firms are:  Cardinalstone Securities Limited, Chapel Hill Denham Securities... Read More →