Market Updates

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 →

Stock Market Advances by N861bn on Buy Interest in Blue-Chip Coys The Nigerian stock market, yesterday advanced by N861 billion boosted by buying interest that pushed market capitalisation above N141 trillion mark. Similarly the Nigerian Exchange Limited All-Share Index (NGX ASI) gained 1,336.39 basis points or 0.61 per cent to close... Read More →

CBN allots N894 billion at April 22 Treasury-Bills auction as demand surge  The Central Bank of Nigeria (CBN) allotted a total of N894.17 billion at its Treasury Bills Primary Market Auction held on Wednesday, April 22, 2026, amid strong investor demand and stable stop rates across all maturities. The auction results seen by Nairametrics on Wednesday show that total... Read More →

Forex traders blame fiscal indiscipline, budget overlap as naira volatility worsens  Forex traders have attributed the worsening volatility of the naira at the parallel market to fiscal indiscipline and overlapping budget cycles by the Federal Government. This is according to insights from currency traders and market operators who spoke to... Read More →

CBN alerts public to fraudulent links targeting personal bank accounts  The Central Bank of Nigeria (CBN) has warned members of the public about the circulation of fraudulent messages and links designed to gain access to personal bank accounts. The warning was contained in a press release dated April 21, 2026,... Read More →