Market Updates

Aradel, FTG Insurance drive market activity to N31.23bn The Nigerian equities market kicked off the second week of March on a positive note as heavy-hitting trading activity drove the total value of transactions to N31.23bn on Monday. Amidst a broader market rally, Aradel Holdings and FTG Insurance emerged as the... Read More →

Failure to file taxes attracts heavy penalties – LIRS The Special Adviser to the Executive Chairman of the Lagos State Internal Revenue Service, Abideen Akande, explains why Lagos residents must file annual tax returns, the benefits of the new regime, and penalties for non-compliance, in this interview with OKECHUKWU NNODIM... Read More →

Pathway Advisors leads N11.45bn Lekki Gardens issuance Pathway Advisors Limited announced on Monday that it acted as the lead issuing house, financial adviser, and transaction sponsor to the N11.45bn oversubscribed Series 2 Commercial Paper Issuance under the N25bn Commercial Paper Programme of Lekki Gardens Estate Limited, approved by the Securities... Read More →

Global equities slide amid rising Middle East unrest Global financial markets faced a seismic shock on Monday as the intensification of the conflict between the United States, Israel and Iran sent crude oil prices soaring above $120 per barrel. The violent escalation, which has targeted critical energy infrastructure and effectively... Read More →

SEC urges stronger women participation in capital market The Securities and Exchange Commission and industry experts on Monday called for stronger participation of women in Nigeria’s capital market, stressing that female professionals play a critical role in strengthening financial institutions and expanding investor confidence. The call was made during the... Read More →

Currency Outside Banks, Currency in Circulation Decline by 3.66%, 0.03% Currency outside the banking system and total currency in circulation recorded marginal declines in January 2026, reflecting a moderation in cash demand after the seasonal surge associated with year-end spending. Latest money and credit statistics released by the Central Bank... Read More →