Tag: capital market

Dangote refinery IPO rumours: Company denies listing reports, warning investors

Business Damilola Bayonle -
Dangote Refinery IPO Rumours Spark Caution as Company Denies Listing Reports Nigeria’s largest privately owned refinery, Dangote Petroleum Refinery and...

FMDQ records massive turnover surge of N60.77tn as FX trades dominate Nigeria’s financial market

Business Damilola Bayonle -
Nigeria’s financial markets opened 2026 on a strong footing, with total transactions on the FMDQ platform soaring to N60.77tn...

NGX wipes out N1.14tn in one day as blue chips slide

Business Damilola Bayonle -
NGX suffers N1.14tn loss The Nigerian equities market recorded a sharp reversal on Tuesday as NGX suffers N1.14tn loss, driven...

Nigeria’s fixed-income yields flash strong signal as investors bet on imminent CBN rate cut

Business Damilola Bayonle -
Fixed-income yields signal market consensus for rate cut as investors flood bonds, CPs Nigeria’s fixed-income market is sending one of...

Nigerian stock market surges past ₦111trn as investors add ₦1.4trn in single session

Business Damilola Bayonle -
Nigeria’s equities market extended its bullish momentum at the start of the second trading week of February, recording a...

Nigeria equity market hits ₦11.92tn as foreign investors return strongly

Business Damilola Bayonle -
Domestic and Foreign Investors Fuel Historic Surge in Nigeria’s Equity Market Nigeria’s stock market delivered one of its strongest performances...

NGX All-Share Index rises 1.92% as investor confidence strengthens in early 2026

Business Damilola Bayonle -
Market Analysts Note NGX All-Share Index Rises Reflecting Increased Liquidity and Investor Confidence The Nigerian Exchange (NGX) kicked off 2026...

Insurance stocks surge 93% as market cap rises to N904bn on NGX

Business Damilola Bayonle -
Insurance Stocks Surge on NGX as Investors Re-Evaluate Growth Potential Nigeria’s equities market closed 2025 with a powerful rally in...

Equities rally as NGX adds N578bn — Strong market surge sparks investor confidence

Business Damilola Bayonle -
Equities Rally as NGX Adds N578bn The Nigerian equities market sustained its bullish momentum in the holiday-shortened trading week, as...

FX reserves and Naira depreciation: Nigeria’s dollar buffer stalls as currency slips

Business Damilola Bayonle -
Nigeria’s external reserves have recorded their first decline in more than two months, signalling a pause in the steady...

CBN BDC delisting: Bold regulatory shake-up that reshapes Nigeria’s FX market

Business Damilola Bayonle -
Why the Latest CBN BDC Delisting Signals a New Era of Regulation The Central Bank of Nigeria has officially delisted...

NGX bullish run surges again: Investors celebrate powerful N97bn breakthrough gain

Business Damilola Bayonle -
Sustained NGX Bullish Run Signals Renewed Market Confidence The Nigerian stock market continued its upward trajectory on Thursday as the...