Finance

Daily Market Analysis (16th & 13th Feb 2026)

Tuesday, 17 February 2026 MARKET ANALYSIS System Liquidity (Nigeria) System liquidity commenced the week on a strong note, posting a surplus balance of ₦4.68 trillion, reflecting an increase of ₦360.49 billion compared to the previous session’s surplus position. The improvement was primarily driven by higher placements by Deposit Money Banks (DMBs) at the Central Bank …

Daily Market Analysis (16th & 13th Feb 2026) Read More »

Nigeria’s Stock Market Attracts N1.3 Trillion in Foreign Investment in 7 Months

Nigeria’s stock market continues to draw strong attention from global investors, with foreign inflows reaching N1.3 trillion in just the first seven months of the year. This surge marks a renewed confidence in the country’s capital market, as international players seek opportunities in Africa’s largest economy despite global uncertainties. The latest report released by the …

Nigeria’s Stock Market Attracts N1.3 Trillion in Foreign Investment in 7 Months Read More »

Nigeria’s New Tax Laws Take Effect January 1, 2026

Nigeria will officially enter a new tax era on January 1, 2026, following the signing into law of four major reform bills by President Bola Ahmed Tinubu. These include the Nigeria Tax Act, the Tax Administration Act, the Nigeria Revenue Service Establishment Act, and the Joint Revenue Board Act. Together, they reshape the country’s fiscal …

Nigeria’s New Tax Laws Take Effect January 1, 2026 Read More »

Nigeria’s Economy Grows by 3.13% in Q1 2025 After GDP Rebasing – NBS

The National Bureau of Statistics (NBS) has reported that Nigeria’s economy grew by 3.13% in the first quarter (Q1) of 2025, following the rebasing of the country’s Gross Domestic Product (GDP) using 2019 as the new base year. This growth reflects a 0.86% point increase compared to the 2.27% recorded in Q1 2024, according to the …

Nigeria’s Economy Grows by 3.13% in Q1 2025 After GDP Rebasing – NBS Read More »

Nigerian Banking Sector Shines: Wema Bank Leads with 152.7% Stock Return in 2025

The Nigerian stock market has showcased remarkable growth in its banking sector, with Wema Bank emerging as the top-performing bank stock on the Nigerian Exchange (NGX) as of July 17, 2025. According to data released by financial analyst StatiSense, Wema Bank recorded an impressive one-year return of 152.7%, outpacing its peers and signaling strong investor …

Nigerian Banking Sector Shines: Wema Bank Leads with 152.7% Stock Return in 2025 Read More »

Stocks hit ₦82.41trn as investors bet possible rate cut effect on yields

The Nigerian stock market continued its bullish trajectory this week, with the All-Share Index (ASI) surpassing 130,000 points and total market capitalization reaching a record ₦82.41 trillion. This performance is driven by growing optimism that the Central Bank of Nigeria (CBN) could ease monetary policy at its upcoming Monetary Policy Committee (MPC) meeting on July …

Stocks hit ₦82.41trn as investors bet possible rate cut effect on yields Read More »

NGX Group Position Nigeria’s Capital Market to the Forefront of Africa’s Finance

Nigeria’s capital market is undergoing a historic resurgence, fueled by clear regulatory signals, bold economic reforms, and growing investor confidence. At the heart of this transformation is the Nigerian Exchange Group (NGX Group), under the leadership of its Group Managing Director and CEO, Temi Popoola. His forward thinking strategy is not just revitalizing the market, …

NGX Group Position Nigeria’s Capital Market to the Forefront of Africa’s Finance Read More »

Nigerian Stock Market Records Historic N1.8 Trillion Gain in Landmark Rally

The Nigerian Stock Exchange, operating under the Nigerian Exchange Group (NGX) Limited, achieved a historic milestone as investors gained an unprecedented N1.806 trillion in a single day. This remarkable surge reflects renewed investor confidence in Nigeria’s equities market, driven by improved liquidity conditions and the positive sentiment surrounding ongoing economic reforms. The market’s performance was …

Nigerian Stock Market Records Historic N1.8 Trillion Gain in Landmark Rally Read More »

Scroll to Top