The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Nigerian equities market gained N1.29 trillion in total market value last week, pushing aggregate capitalisation to N155.83 trillion on the back of fresh sovereign credit rating upgrades. The benchmark All-Share Index climbed 0.81 per cent to close at 241,298.47 points as fund managers poured cash into blue-chip shares. International credit rating agencies upgraded Nigeria’s…
Nigeria’s equities market is entering a more uncertain phase after one of its strongest rallies in years, with investors beginning to cash in on spectacular gains and raising a broader question: is the recent retreat simply a healthy correction, or is it an early warning that the market’s extraordinary momentum is beginning to run out…
Weekly equities turnover on the Nigerian Exchange dropped 10 per cent to N157.76 billion across 186,496 deals in the week ended Friday, 21 August 2026. The dip in weekly liquidity accompanied a 1.35 per cent decline in the benchmark All-Share Index, which closed at 239,351.16 points. Total equity market capitalisation contracted by N2.09 trillion across…
Nigerian equities delivered a 57 per cent return over the first seven months of 2026, driven predominantly by domestic institutional and retail capital. Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, revealed the figures while reviewing market performance in Lagos. The sustained bull run lifted broad benchmark indices across the Nigerian Exchange despite stubborn macroeconomic…
Thirteen companies listed on the Nigerian Exchange paid out 861.6 billion naira in interim dividends for the first half of 2026. The substantial cash return reveals surprising resilience among top corporate earners despite severe operating headwinds across the country. Large commercial banks, agro-industrial producers, and select consumer goods makers drove the bulk of these half-year…
A week of aggressive profit-taking and political unease wiped five trillion naira off the Nigerian Exchange. The sharp downturn snapped a historic rally that recently took total market capitalisation past the 160 trillion naira mark. Institutional desks and retail speculators dumped banking and industrial counters to lock in swift capital gains. The seven-day retreat exposed…
The Nigerian Exchange has pulled back its planned rollout of a revised equities pricing framework just hours before its scheduled start on Monday. Officials blamed the sudden pause on ongoing talks with market players. The bourse had planned to replace its uniform trading volume threshold with a tiered structure based on share prices. That blueprint…
The Central Bank of Nigeria has thrown open its Open Market Operations to retail investors for the first time in seven years. The move removes the rigid ban that previously restricted these high-yielding debt auctions exclusively to commercial lenders and foreign portfolio managers. Monetary chiefs are scrambling to mop up excess cash as pre-election spending…
The Debt Management Office raised 5.86 billion naira through its August savings bond auction. The intake fell 330 million naira short of July figures as coupon cuts cooled retail interest. Debt managers sold two-year paper at 13.96 per cent and three-year notes at 14.96 per cent. Savers preferred the longer maturity, committing 4.55 billion naira…
Local capital now dictates the rhythm of the Nigerian Exchange. Nigerian investors traded equities worth N17.7tn over eighteen months, seizing firm control of local trading floors. Domestic buyers accounted for N82 of every N100 traded between January 2025 and June 2026. Total equity trading reached N21.5tn during this period. Foreign traders managed only N3.8tn…