Market Updates

Chen:  Bitget’s US Stock-linked Futures Surpassed $5bn in Volume Bitget, the world’s largest Universal Exchange (UEX), through its Chief Executive Officer,  Gracy Chen, disclosed that trading in Bitget’s US stock-linked perpetual futures has surpassed $5 billion in cumulative volume just days after a prior update signaling that everyday users increasingly... Read More →

Stock Market Drops by N2.09trn WoW on Selloff in Dangote Cement The stock market section of the Nigerian Exchange Limited (NGX) dropped by N2.09 trillion week-on-week (WoW) amid investors profit-taking in Dangote Cement Plc (10 per cent decline) As gathered by THISDAY, market capitalisation closed last week’s trading  activities at N91.415 trillion, about 2.23per cent or... Read More →

Capital Market Stakeholders Elated as T+2 Settlement Timeline Commences Nigeria’s capital market stakeholders are excited about the adopt a new settlement timeline, T+2 (two days), effective November 28, 2025. The timeline, according to them, will   reduce the time for securities transactions to be completed from three days (T+3) to two business... Read More →

NAICOM mandates NIN, CAC compliance for insurance policyholders The National Insurance Commission has issued a new directive mandating stricter Know-Your-Customer requirements for insurance contracts. According to the circular issued on Friday, which was signed by the Deputy Director (Market Conduct & Complaints Bureau), Olugbenga Jaiyesimi, for the Commissioner for Insurance,... Read More →

Leadway secures regulatory approval for PAL Pension acquisition The National Pension Commission has issued regulatory approval for Leadway Holdings Limited’s acquisition of Pensions Alliance Limited. This was revealed in a statement shared with The PUNCH on Saturday. The PUNCH reports that Leadway announced it had reached an agreement to acquire... Read More →

NGX foreign trades hit unprecedented N2.03tn milestone Foreign portfolio investors have returned to the Nigerian Exchange Limited in record numbers, with transactions hitting N2.03tn as of October 2025, a level that surpasses all annual foreign participation recorded since 2007. This was disclosed in the latest Domestic & Foreign Portfolio Investment... Read More →