Market Updates

Unilever declares N11bn dividend on N119bn H1 revenue Unilever Nigeria Plc has announced a 22 per cent growth in revenue for the first half of 2026, reaching N119.9bn. In a financial statement released to the Nigerian Exchange on Tuesday, the consumer goods giant also declared an interim dividend of N2.00... Read More →

NGX gains N307bn as market capitalisation rises to N159tn The Nigerian Exchange sustained its upward momentum on Tuesday as investors added N307bn to market capitalisation, driven by renewed buying interest in medium-cap stocks that easily outweighed profit-taking in selected equities. Total market capitalisation rose from N158.812t at the opening of... Read More →

Zenith Bank’s liquidity ratio climbs 70.97% Zenith Bank Plc has significantly boosted its liquidity position over the past decade, with its liquidity ratio climbing 70.97 per cent from 47.70 per cent, reflecting a stronger capacity to meet short-term obligations and absorb funding pressures. According to Zenith Bank’s financial statements seen... Read More →

Industrial sector drags NGX down 0.14% The Nigerian Exchange Limited experienced a wave of mixed sentiments during the trading week ended 17 July 2026. A sharp decline in the industrial sector effectively offset strong gains in banking equities, reflecting a broader tug-of-war between institutional portfolio rebalancing and macroeconomic headwinds. The... Read More →

Federal Government, LASG Bonds Listing on NGX Jump to N6.93trn The federal government and Lagos State government bonds listings on the Nigerian Exchange Limited (NGX) increased to N6.93 trillion between January and July 16, 2026 amid playing a critical role in capital formulation in Nigeria’s  economy. The federal government through... Read More →

Oyedele: Tinubu Hasn’t Borrowed Up to N80trn, Blames Debt Rise on FX, Legacy Liabilities •    Says FG generated N21.6trn tax revenue in six months, external reserves hit 17-year high •    Senators raise concerns over rising debt, poor budget implementation despite higher revenues •Monguno warns failure to implement Appropriation Act could... Read More →