Industry news and update
DPH, The largest financial services in the world and contributes to the vitalization of household financial assets through providing high quality products and services. In addition to these, investment products that are suitable to the medium to long term asset building for individuals are developed…
MARKET OVERVIEW & WEEKLY COMMENTARY — (20th–24th APRIL 2026)
The NGX week of 20–24 April 2026 delivered a notable rotation back into mid-to-large cap consumer goods and conglomerates, with UACN PLC leading the gainers at +42.00% to ₦142.00 the most significant weekly gain by a blue-chip conglomerate in recent months. Union Dicon Salt (+32.73%), NASCON Allied Industries (+32.63%), and Trans-Nationwide Express (+30.58%) rounded out a strong top four, all exceeding 30% weekly gains. Notably, Lafarge Africa (+21.36%), PZ Cussons (+18.81%), First HoldCo (+17.19%), and Unilever Nigeria (+17.13%) also featured signalling broad institutional buying across Consumer Goods, Industrials, and Financial Services. On the decliners side, Infinity Trust Mortgage Bank led losses at -50.79%, reflecting the extreme volatility that continues to characterise low-cap mortgage and insurance stocks. Stanbic IBTC Holdings shed -13.82% to ₦162.50, the most notable large-cap decliner of the week.
Deutsche Partners Holding Appoints Three New Non-Executive Independent Directors
Deutsche Partners Holding (DPH), a leading development finance institution, has announced the appointment of three distinguished Nigerians to its Board as Non-Executive Independent Directors.
Nigerian Stock Market Investment Report
The Nigerian equities market has shown significant resilience and growth in the first half of 2026.
This report highlights seven key stocks across the Telecommunications, Banking, Agriculture, and
Consumer Goods sectors that present compelling investment opportunities based on their current
valuation, market position, and growth prospects. By leveraging real-time data from the Nigerian
Exchange (NGX) and reliable market intelligence, we provide a comprehensive analysis for
potential investors.
NGX Extends Trading Hours
The Nigerian Exchange Limited (NGX) has announced an extension of its daily trading hours in a move aimed at deepening market activity, improving liquidity, and broadening investor participation in Nigeria’s capital market. The new trading schedule will take effect from Monday, 27 April 2026, following regulatory approval from the Securities and Exchange Commission Nigeria.
DPH CAPITAL MARKETS DIGEST
The Nigerian Exchange (NGX) enters the week of 20 April on extraordinary momentum. The All-Share Index (ASI) closed last Friday 17 April at a new all-time high of 217,167.57 points a weekly gain of +6.20% (+12,679 points), marking the 12th consecutive bullish trading session. Market capitalisation surged to ₦139.8 trillion, representing a gain of ₦8.89 trillion in a single week. The Banking sector led with +11.85% for the week and Oil & Gas gained +17.59%, driven by Zenith Bank, GTCO, Seplat, and Aradel. Q1 2026 delivered N29.83 trillion in total market gains the largest first-quarter gain in Nigeria’s stock market history. The NGX ASI is up approximately 40% year-to-date, establishing Nigeria as one of the world’s best-performing equity markets in 2026.
DPH CAPITAL MARKETS DIGEST – (MARKET WEEKLY COMMENTARY 7th–10th APRIL 2026)
The Nigerian Exchange (NGX) for the week of 7–10 April 2026 recorded a notable rotation: quality large-cap names headlined the gainers list a clear shift from the micro-cap recovery plays and thinly traded names that dominated previous weeks. Trans-Nationwide Express led with +32.75%, while NGX Group itself (+13.94%), GTCO (+10.66%), NASCON (+9.52%), Guinness Nigeria (+9.38%), and Zenith Bank (+8.74%) all featured prominently. The appearance of GTCO, Zenith Bank, Guinness and Nestle Nigeria on the gainers list signals broad-based institutional buying returning to blue-chip counters. On the decliners side, Daar Communications (-21.47%) and RT Briscoe (-20.00%) led losses, with many small-cap and insurance names also retreating.
Nigeria’s Exchange Rate Dynamics: Drivers, Investment Implications & Economic Impact (Q1 Report)
The Nigerian foreign exchange market experienced significant volatility between January and April 2026, with the
USD/NGN rate oscillating between approximately ₦1,335 and ₦1,430. This report examines the key
macroeconomic and structural drivers behind these fluctuations, assesses the implications for investment flows and
capital importation, and evaluates the broader effects on the Nigerian economy. Understanding these dynamics is
critical for investors, portfolio managers, and policymakers navigating Nigeria’s evolving financial landscape.
DPH CAPITAL MARKET DIGEST
The Nigerian Exchange (NGX) week of 30 March to 2 April 2026 presented a mixed picture, with modest gainers led by Multiverse Mining & Exploration (+20.66%) and UPDC Real Estate Investment Trust (+15.49%) indicating selective investor appetite in Mining and Real Estate sectors. The top gainer list was notably more measured than previous weeks, with
DPH CAPITAL MARKETS DIGEST
The Nigerian Exchange (NGX) delivered a broadly positive week for the period 23–27 March 2026, with notable
breadth across Consumer Goods, Oil & Gas, and Industrial sectors. The week’s standout performers were led
by Zichis Agro Allied Industries (+60.72%), Premier Paints (+60.26%), and John Holt (+59.92%) — all reflecting
continued momentum in recovery plays. Blue-chip names including Presco (+16.40%) and Airtel Africa
(+10.00%) also featured prominently among the week’s gainers, confirming institutional participation in high
quality names.
DPH MARKETS DIGEST
The Nigerian Exchange (NGX) closed the week of 16–21 March 2026 on a positive note, with the All
Share Index (ASI) gaining 1.39% to close at 101,156.86 points, lifting market capitalisation to
₦129.126 trillion a weekly investor gain of approximately ₦1.765 trillion.
Daily Market Report 4th & 5th March 2026
Despite the strong liquidity position, the average funding cost rose by 4bps to 22.14%, as the Open Repo Rate (OPR) remained unchanged at 22.00%, while the Overnight Rate (OVN) increased by 8bps to close at 22.29%.
Daily Market Report (3rd & 4th March 2026)
System liquidity opened today at a surplus of ₦5.21 trillion, reflecting a decline of ₦461.94 billion compared with the previous session. The moderation in liquidity was primarily driven by the settlement of ₦235.60 billion from the prior session’s OMO auction.
5 Smart Strategies to Maximize Your Investments in Today’s Economy
In today’s world, with rising living costs, inflation, and economic uncertainty, saving alone isn’t enough. Even investing without a clear plan may not yield the results you’re hoping for. Today’s financial environment demands smarter, more intentional decisions. Markets evolve, currencies fluctuate, and new opportunities emerge daily. To stay ahead, your investment strategy must evolve too.
Good Debt vs Bad Debt: What You Need to Know
Debt is often treated like a financial four-letter word. We are constantly told to “get out of debt,” “stay out of debt,” and avoid it at all costs. But the truth about debt is much more nuanced. In the world of finance, debt is simply a tool. Like a hammer, it can be used to
Wealth Building for Young Professionals
Building wealth as a young professional may seem daunting, especially with student loans, rising living costs, and lifestyle demands. However, starting early, being intentional, and making informed financial decisions can set the stage for long-term financial freedom. Here’s a step-by-step guide to help you get started. 1. Define Your Financial Goals and Profile Before making
