Market Updates

When the NBET announced the successful issuance of the N501.02 billion bond to settle legacy debts owed to power generation companies (Gencos), it was more than another government financing headline. The N501.02 billion Series 1 bond represented the first issuance under the Federal Government’s N1.23 trillion initial approval within the... Read More →

Nigeria spent $5.2bn servicing external debt in 2025 Nigeria spent about $5.21bn servicing external debt obligations in 2025, accounting for more than 72 per cent of the country’s total international payments during the year, data obtained from the Central Bank of Nigeria has shown. Figures published on the CBN website... Read More →

NGX loses N107bn as bearish sentiment persists Trading on the Nigerian Exchange closed slightly lower on Wednesday as profit-taking in selected equities continued to weigh on the market, dragging key performance indicators into negative territory. Market data showed that the benchmark All-Share Index declined 0.09 per cent to close at... Read More →

SEC cracks down on unregistered digital platforms The Securities and Exchange Commission has officially launched its inaugural Regulator/FinTech Clinic, signalling a proactive step towards strengthening dialogue with Nigeria’s rapidly growing financial technology ecosystem. The event, held on Tuesday, aims to align innovation with regulatory compliance while ensuring investor protection. Opening... Read More →

Profit-taking drags NGX lower, market cap sheds N725bn The Nigerian Exchange Limited retreated into negative territory on Tuesday, as profit-taking in blue-chip equities erased gains from the Monday trading session. Investors adopted a cautious stance, opting to lock in profits after a sustained market rally. The benchmark All-Share Index declined... Read More →

CBN extends anti-money laundering compliance deadline for banks The Central Bank of Nigeria has given Deposit Money Banks 18 months to fully comply with its new baseline standards for automated anti-money laundering solutions, while other financial institutions have 24 months from March 10, 2026, to meet the requirements. The PUNCH... Read More →