Akinrinde Dorcas

Naira Gains Ground Against the British Pound

The Nigerian naira strengthened against the British pound during the first week of June, reflecting continued support from the Central Bank of Nigeria’s monetary and foreign exchange management measures. According to official market data, the naira closed at approximately ₦1,823 per pound sterling on June 5, improving from levels above ₦1,840/£ recorded at the beginning …

Naira Gains Ground Against the British Pound Read More »

Nigeria’s Transition to T+1 Settlement: A New Era for Market Efficiency and Investor Confidence

Nigeria’s capital market has entered a new phase of modernization with the successful implementation of a T+1 settlement cycle for eligible securities transactions, effective 1 June 2026. The transition, coordinated by the Securities and Exchange Commission (SEC), the Central Securities Clearing System (CSCS), Nigerian Exchange Group (NGX Group), and other market stakeholders, reduces the settlement …

Nigeria’s Transition to T+1 Settlement: A New Era for Market Efficiency and Investor Confidence Read More »

MONTHLY INVESTMENT OUTLOOK : Where to invest in June 2026

As June 2026 begins, the investment landscape continues to evolve amid tight monetary policy, persistent inflationary pressures, relative exchange rate stability, and a broadly positive growth outlook defining a complex but opportunity rich environment for Nigerian investors entering the second half of the year. MPR (Monetary Policy Rate): 26.5%  — held steady by CBN Inflation (April …

MONTHLY INVESTMENT OUTLOOK : Where to invest in June 2026 Read More »

MARKET OVERVIEW & WEEKLY DIGEST (25th–29th May 2026)

The NGX week of 25–29 May 2026 was characterised by a significant moderation in gains, with the top gainers posting comparatively modest advances relative to the prior weeks’ spectacular rallies a clear signal that the market is entering a consolidation phase. International Energy Insurance PLC led the gainers at +32.55% to ₦4.52, followed by Sovereign Trust Insurance (+20.61%), which reversed its prior week’s -22.45% decline in a sharp bounce. Tantalizers PLC gained +18.40%, while Airtel Africa surged +10.00% to ₦3,655.70 a notable move for one of the NGX’s highest-priced stocks. NEM Insurance (+9.67%) and Union Dicon Salt (+9.45%) rounded out a week where insurance and consumer staples dominated the gainers. On the decliners side, Dangote Sugar Refinery led losses at -18.22% to ₦71.15 reversing much of its prior-week gain while The Initiates PLC shed -15.98% and CAP PLC continued its retracement at -10.00% to ₦179.10. Transcorp Power (-9.97%) and Fidelity Bank (-9.79%) also featured prominently.

How Economic Trends Shape Investment Portfolios  In An Uncertain World

Investment performance is never shaped in isolation. It is deeply influenced by the broader economic environment in which capital is deployed. Inflation, interest rate movements, currency fluctuations, and global economic cycles all interact to determine how portfolios behave over time and how investors should position themselves for both risk and return. In practice, economic trends …

How Economic Trends Shape Investment Portfolios  In An Uncertain World Read More »

Nigeria’s Foreign Reserves Rebound by $551 Million in May 2026

Nigeria’s foreign exchange reserves recorded a notable recovery in May 2026, rising by approximately $551 million within the first three weeks of the month after experiencing sustained pressure throughout April. Latest data released by the Central Bank of Nigeria (CBN) showed that gross external reserves increased from $48.34 billion on May 4 to $48.89 billion …

Nigeria’s Foreign Reserves Rebound by $551 Million in May 2026 Read More »

DPH CAPITAL MARKETS DIGEST (18th -22nd May 2026)

The NGX week of 18–22 May 2026 saw a notable shift in market character, with gains concentrated in small-to-mid cap transport,
publishing, and energy names, while the paints sector which had dominated the prior two weeks gave back significant ground. Associated
Bus Company PLC led the gainers at +44.82% to ₦9.08, followed by Academy Press (+29.79%) and University Press (+28.00%)
signalling a rotation into previously overlooked low-cap value names. Zichis Agro Allied Industries resumed its upward trend with a
+14.34% gain to ₦33.65, recovering from the prior week’s consolidation, while Oando PLC gained +11.70% to ₦52.50 as energy stocks
benefited from positioning ahead of the week’s oil price moves. On the decliners side, Sovereign Trust Insurance led losses at -22.45%,
while CAP PLC (-14.85% to ₦199.00) and Berger Paints (-12.64% to ₦147.60) experienced expected profit-taking after their
extraordinary multi-week rallies. Trans-Nationwide Express shed -18.98%.

DMO Opens N600 Billion FGN Bond Re-Opening Auction Amid Elevated Yield Environment

The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has opened a N600 billion bond re-opening auction scheduled for Monday, May 18, 2026, with yields reaching as high as 22.60%. The offering comprises two previously issued Federal Government bonds across the 10-year and 20-year tenor segments, reinforcing the government’s continued reliance …

DMO Opens N600 Billion FGN Bond Re-Opening Auction Amid Elevated Yield Environment Read More »

Nigeria’s Fixed Income Market Delivers Strong Sovereign Returns in Q1 2026

Nigeria’s fixed-income market recorded some of its strongest sovereign yield performances in recent years during the first quarter of 2026, before a gradual easing cycle began to moderate returns across the yield curve. A review of primary market auction data from the Central Bank of Nigeria (CBN) and the Debt Management Office (DMO) shows that …

Nigeria’s Fixed Income Market Delivers Strong Sovereign Returns in Q1 2026 Read More »

Scroll to Top