Market Updates

Stock market closes weaker amid sell pressure, as profit-taking persists

Date10 Nov 2025

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Stock market closes weaker amid sell pressure, as profit-taking persists The Nigerian Exchange (NGX) ended trading, last week, on a weaker note extending the bearish trend as investors continued profit-taking and cautious repositioning across major sectors. The negative performance, according to analysts, reflected renewed sell pressures across the banking, consumer goods,...

Naira ends October at N1,427.5/$1, best monthly performance since January

Date05 Nov 2025

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Naira ends October at N1,427.5/$1, best monthly performance since January The Naira ended October 2025 on a strong note, closing at N1,427.5 per U.S. dollar. Data from the Central Bank of Nigeria (CBN) shows that the local currency began the month at N1,464.85/$1, gaining steadily over the course of the...

NGX Proposes Amendments to Trading Hours Rules, Seeks Stakeholders’ Feedback

Date05 Nov 2025

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NGX Proposes Amendments to Trading Hours Rules, Seeks Stakeholders’ Feedback The Nigerian Exchange Limited (NGX) has proposed amendments to its Rulebook of The Exchange (Trading License Holders’ Rules), specifically to Part XI, Rule 15.1 (Official Days and Hours of The Exchange) and Rule 15.2 (Extension or Reduction of Trading Times)...

SEC, CBN, EFCC partner to track, freeze illicit digital wallets

Date05 Nov 2025

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SEC, CBN, EFCC partner to track, freeze illicit digital wallets In a major step to strengthen oversight over Nigeria’s fast-growing digital finance ecosystem, the Securities and Exchange Commission (SEC) has disclosed that it is collaborating with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to...

NGX Group declares N1.00 interim dividend, sustains shareholder value creation

Date03 Nov 2025

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NGX Group declares N1.00 interim dividend, sustains shareholder value creation Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30...

Nigeria’s H1 2025 Economic Review and H2 Outlook: Bridging the Transition Gaps

Date23 Jul 2025

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Recent developments in the trade policy of the United States (US) have introduced uncertainty as a make-or-break factor for nations across the globe. The associated disruptions for most nations have generated significant shifts in economic trends, as prospects for a stable economy falter while market volatility heightens. The series of...

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