The Nigerian stock market in May 2026 presented a textbook example of a full market cycle, transitioning from momentum-driven expansion to liquidity collapse, followed by distribution,...
The Nigerian stock market closed the week ended May 29, 2026 on a marginally positive note as the All-Share Index (ASI) advanced by 0.27 percent to...
The Federal Government of Nigeria has increased the outstanding stock of two sovereign bond instruments following the supplementary listing of additional Federal Government of Nigeria (FGN)...
Dangote Sugar Refinery Plc has commenced trading of its rights issue on the Nigerian Exchange Limited (NGX) as the company moves forward with plans to raise...
Crude oil prices advanced on Monday as escalating tensions in the Middle East renewed concerns over global energy supply disruptions. Brent crude, against which Nigerian crude...
The Initiates Plc (TIP) has increased its ownership stake in The Initiates Uganda (TIU) to 55 percent following the acquisition of an additional 20 percent equity...
Stanbic IBTC Holdings Plc has disclosed that one of its Independent Non-Executive Directors, Babatunde (Babs) Jolayemi Omotowa, sold 303,800 ordinary shares of the company in a...
The Dollar to Naira exchange rate in the black market remained a key focus for businesses, travelers, importers and investors on Monday, June 1st, 2026, as...
President Bola Tinubu has defended his administration’s economic reform programme, saying the measures introduced since 2023 have stabilised Nigeria’s economy, restored investor confidence and laid the...
Stanbic IBTC Holdings Plc has announced the commencement of a closed period ahead of the release of its half-year audited financial statements for the period ending...