NASD targets N12 billion in rights issue to fund technology push, market...
The National Association of Securities Dealers (NASD), Nigeria’s over-the-counter securities exchange, has launched a N12 billion rights issue to strengthen its capital base and position itself for its...
View ArticleNGX market capitalization hits record N163.06 trillion as ASI rises 0.23%
Nigerian Exchange Limited (NGX) market capitalisation reached a record N163 trillion on Wednesday, September 23, 2026 as trading activity recorded high market participation. The post NGX market...
View ArticleCBN’s 350bps rate cut reshapes stocks, bonds and bank earnings outlook
The Central Bank of Nigeria’s decision to cut the Monetary Policy Rate by 350 basis points to 23% could reshape how investors allocate money across fixed income and equities, although stockbrokers...
View ArticleNGX expands NGX Invest with WhatsApp access for investors
Nigerian Exchange Group (NGX Group) has expanded access to its NGX Invest platform with the launch of a WhatsApp subscription channel, providing investors with a new way to participate in Initial...
View ArticleNaira may depreciate following CBN’s 350bps rate cut – Rewane
The naira may face depreciation pressure following the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) by 350 basis points to 23%, according to Bismarck Rewane, Managing...
View ArticleAirtel Africa buyback hits 19.91 million shares after fresh 798,919-share...
Airtel Africa Plc has bought back 798,919 of its ordinary shares at a volume-weighted average price (VWAP) of 322.59 pence per share, taking the total number of shares repurchased under its ongoing...
View ArticleMTN, Legend Internet decline as Omatek extends gains
Nigeria’s listed technology and telecommunications stocks posted mixed performances on Tuesday with come major stocks coming under pressure, while others held steady or extended recent gains. The post...
View ArticleAirtel Money announces IPO plans, targets London Stock Exchange listing
Airtel Money has announced plans to list its shares on the London Stock Exchange in a proposed initial public offering, as the African digital financial services business moves toward a potential...
View ArticleBank stocks fuel NGX surge as market cap hits N162.68 trillion
Trading activity on the Nigerian Exchange Limited (NGX) closed on a strong note on Tuesday, driven by robust turnover in financial sector equities. The post Bank stocks fuel NGX surge as market cap...
View ArticleCBN 350bps MPR cut to drive equities demand as investors rotate from fixed...
Nigeria’s equities market could see stronger investor demand following the Central Bank of Nigeria’s (CBN) decision to cut its benchmark interest rate by 350 basis points to 23%. The post CBN 350bps...
View ArticleNigerian Stocks Blasts Past 250,000 Ceiling ahead of Dangote refinery Listing
Nigerian stocks started the week with an eighth consecutive positive session, with the NGX All-Share Index gaining 0.14% to 250,156.80 points, leaving the index up 61% year to date. The post Nigerian...
View ArticleStock Buy Recommendations: BUA Cement, UBA and MTN top brokers’...
BUA Cement, UBA and MTN Nigeria have emerged among brokers’ leading stock picks for late September as analysts continue to identify buying opportunities despite the Nigerian equities market trading at...
View ArticleDangote dismisses monopoly claims, says refining opportunity was open to all
Aliko Dangote, Chairman of Dangote Group, has dismissed accusations that he is running a monopoly in Nigeria's oil refining sector, insisting that the opportunity to invest was available to everyone,...
View ArticleFTSE Russell reclassification fuels Nigerian equities to record 60.76% YTD gain
The Nigerian equities market entered a new chapter on Monday, September 21, 2026, after the NGX benchmark All-Share Index hit 250,156.80 points with the year-to-date returns reaching 60.76% after 0.14%...
View ArticleFMDA projects Nigeria’s liquidity inflows to drop 31% to N2.47 trillion this...
The Financial Markets Dealers Association (FMDA) has projected Nigeria's financial-system liquidity inflows to fall sharply this week to N2.47 trillion, about 30.62% drop from N3.56 trillion the...
View ArticleAMD crosses $1 trillion market cap as AI rally lifts shares
Advanced Micro Devices (AMD) briefly crossed the $1 trillion market capitalisation mark for the first time on Monday, as investors continued to bet on the chipmaker’s expanding role in artificial...
View ArticleCBN to sell N500 billion in final Q3 T-Bills auction, see deadline for bids
The Central Bank of Nigeria (CBN), acting for the Debt Management Office (DMO), has put out a call for banks and investors to bid for N500 billion worth of government Treasury Bills, to be sold on...
View ArticleNaira bullish outlook softens as Dollar muscle outweighs CBN’s present playbook
The naira's outlook swung marginally into a bearish mode as the CBN is expected to keep rates unchanged amid a soaring US dollar and increased cost in petrol. The post Naira bullish outlook softens as...
View ArticleBest performing Nigerian stocks for the week ended September 18, 2026
The Nigerian equities market closed the week at a record N162.157 trillion in market capitalisation, surpassing the previous all-time high of N161.8 trillion set on May 13, 2026, as the benchmark...
View ArticleWhy 18% returns make you richer in Abia but poorer in Lagos
Nigeria’s inflation continued to decelerate in August, with headline inflation falling for the third consecutive month to 15.39% from... The post Why 18% returns make you richer in Abia but poorer in...
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