Market Updates

Tinubu lauds NGX N100tn milestone, urges Nigerians to invest President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as a signal of a “new economic reality” for the country.... Read More →

Lagos PDP governorship aspirant flags conflicting versions of tax law Lagos State governorship aspirant under the Peoples Democratic Party, Funso Doherty, has raised concerns about the existence of multiple versions of the law on official government platforms. In a recent open letter addressed to the Chairman of the Nigeria Revenue... Read More →

Bitget expands beyond crypto with TradFi launch Bitget, the world’s largest Universal Exchange, has expanded its platform beyond digital assets with the public launch of its traditional finance trading suite, allowing users to trade assets such as gold, forex, indices and commodities alongside cryptocurrencies. The move follows a private beta... Read More →

NGX gains 1.74% as market cap soars above N100tn The Nigerian Exchange opened the 2026 trading year on a strong footing, as renewed investor demand and broad-based buying across listed equities lifted total market capitalisation above the N100tn threshold, underscoring improving market sentiment and a positive start to the year.... Read More →

Chapel Hill, CardinalStone dominate NGX trading Chapel Hill Denham Securities Ltd and CardinalStone Securities Ltd emerged as the top-performing stockbrokers on the Nigerian Exchange during the fourth quarter of 2025, commanding a significant portion of trading activity by both volume and value, according to the latest Broker Performance Report. The... Read More →

Rand Merchant Bank Nigeria meets CBN recapitalisation threshold Rand Merchant Bank Nigeria Limited has announced meeting the new minimum capital requirement as set by the Central Bank of Nigeria. This was disclosed in a statement made available to our correspondent on Monday, indicating that the MCR was achieved on 30... Read More →