Market Updates

Nigerian equities closed August 2026 on a mixed note, with the benchmark NGX All-Share Index (ASI) declining 0.44% over the month, even as a strong finish on the final trading day largely driven by banking and consumer goods sector gains helped the market retain much of its exceptional year-to-date gains.... Read More →

The Chairman of Heirs Group, Mr. Tony O. Elumelu’s stake in Seplat Energy Plc, held indirectly through Heirs Energies Ltd and Heirs Holdings Ltd, is now worth approximately $1.28 billion. This latest valuation is based on Seplat’s Tuesday, September 1, 2026 closing share price of N12,320.60 per share, reflecting a... Read More →

The Nigerian equities market sustained its bullish momentum on Tuesday, September 1, 2026, with the benchmark NGX All-Share Index (ASI) rising above the 246,000-point mark once again since August 11 when it closed at 246,723.57 points, extending gains from the previous session. The ASI advanced 0.77% to close at 246,082.63... Read More →

Trading activities on the floor of the Nigerian Exchange Limited closed on a positive note on Tuesday, driven by investor demand for agricultural and consumer goods stocks. The benchmark market capitalisation rose as key equities posted gains, led by FTN Cocoa Processors Plc and McNichols Consolidated Plc, which both recorded... Read More →

The Nigerian Exchange Limited ended August on a resilient note as a late buying surge pushed the All-Share Index up 1.20 per cent on the final trading day, cementing a year-to-date return of 56.93 per cent despite profit-taking and portfolio rebalancing that characterised overall trading during the month. The late-month... Read More →

Management consulting firm, DAC Consulting, has officially commenced operations in Nigeria, unveiling an integrated 360-degree approach to help organisations bridge the critical gap between strategic planning and execution. The firm explained that its establishment was driven by the need to address the systemic execution breakdowns that frequently prevent businesses from... Read More →