Capital market

Trading on the Nigerian Exchange Ltd. (NGX) closed higher on Thursday, snapping an 11 day losing streak, as investors’ wealth rose by N306 billion. The positive performance was driven by renewed buying interest in banking, insurance and consumer goods stocks. The rally

The Securities and Exchange Commission (SEC) has unveiled a comprehensive draft regulatory framework aimed at tightening oversight, bolstering financial stability, and establishing rigorous capital standards across Nigeria’s rapidly expanding digital asset sector. ​Released on Thursday, August 20, 2026, from the commission’s headquarters

​The Federal Government of Nigeria has launched a massive N1.1 trillion domestic fund-raising program through the Debt Management Office, inviting local institutional investors and high-net-worth individuals to participate in an upcoming multi-tranche sovereign bond offer. ​In an official circular released in Abuja,

The Nigerian Exchange Limited (NGX) closed on a negative note at the end of trading on Tuesday, reversing the bullish sentiment recorded in the preceding session as sell-offs in major equities erased N599 billion from investor portfolios. ​The market downturn was largely

The Nigerian Exchange Group (NGX Group) has urged African countries to play a more active role in shaping global capital markets. The group called for stronger, innovative and integrated financial systems capable of supporting Africa’s long-term economic transformation. The call is contained

The Nigerian stock market added N622 billion to investors’ wealth during the week, as market capitalisation rose by 0.39 per cent to close at N157.057 trillion. This is in spite of a 0.14 per cent decline in the Nigerian Exchange Ltd. (NGX)

By Nathan Nwakamma Shell Companies in Nigeria say it awarded contracts worth 518 million US dollars to indigenous companies in 2025, reinforcing its commitment to the growth of Nigerian content in the oil and gas industry. The company’s Communications Manager, Mrs Gladys

The Nigerian stock market witnessed an unprecedented rally this week, gaining a staggering N9.3 trillion in market capitalization as foreign investors aggressively piled back into local equities. ​The massive buying system followed an announcement by S&P Dow Jones Indices (S&P DJI) to

The International Monetary Fund (IMF) has projected that global economic growth will slow to 3.0 per cent in 2026 before recovering to 3.4 per cent in 2027. The IMF made the projection in its July World Economic Outlook (WEO) Update, released on

The Nigerian National Petroleum Company (NNPC Ltd.) has renewed its agreement with TotalEnergies for a 24-month extension of technology deployment for the detection, measurement and reduction of methane and carbon emissions. The agreement was signed by NNPC Ltd.’s Executive Vice President, Upstream,