Market Updates

Stocks rally lifts market by N3.2tn The Nigerian stock market staged a recovery during Tuesday’s trading session as the overall market capitalisation advanced by N3.204tn to cross the N147tn threshold. This rebound effectively reversed previous losses and restored a bullish sentiment across the floor of the Nigerian Exchange. The All-Share... Read More →

Nigeria, Ghana lead African small-cap rally African equities markets have entered a transformative phase in 2026, with small-cap stocks emerging as the primary engine of growth across the continent’s frontier bourses. Data obtained by The PUNCH from Kenya Wall Street on Sunday reveals a historic rally characterised by triple-digit gains, particularly within... Read More →

DMO to raise N700 billion on Monday, April 27 FGN Bond auction The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, is expected to raise N700 billion through a Federal Government Bond (FGN) auction scheduled for Monday, April 27, 2026. This is according to the official offer... Read More →

NUPRC urges refiners to acquire oil blocks The Nigerian Upstream Petroleum Regulatory Commission has urged members of the Crude Oil Refinery Owners Association of Nigeria to consider acquiring oil blocks in upcoming licensing rounds as a long-term solution to crude supply challenges. The Commission Chief Executive, Mrs Oritsemeyiwa Eyesan, made the... Read More →

How our policies saved Nigeria from economic disaster — CBN deputy governor The Deputy Governor, Corporate Services, Central Bank of Nigeria, Emem Usoro, has lauded the ongoing reforms introduced by the apex bank, stressing that systems developed and policies implemented by the bank saved the country’s economy from disaster. Usoro... Read More →

FTSE Reclassification Lifts NGX ASI by 45.05% YtD, Ranked Top 2 in Africa The Nigerian Exchange Limited (NGX) has emerged the second best performing bourse in Africa buoyed by the recent FTSE Russell reclassification of Nigeria from unclassified to Frontier market status. As of April 24, 2026, the major market... Read More →