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
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…
Nigerian sovereign Eurobonds extended their market recovery as international investors returned to dollar debt across emerging markets. Average yields fell to 6.95 per cent as buying interest across short and medium tenors lifted bond prices. Global markets are warming to Nigerian risk despite persistent economic uncertainties at home. Higher prices signal that global fund managers…
Nigeria and the African Development Bank have united in Abidjan to demand an immediate end to raw mineral exports across the continent. At a landmark ministerial summit, Solid Minerals Development Minister Dele Alake insisted African nations must process their critical minerals at home. The continent possesses vast reserves of battery metals and rare earth elements…
Domestic investors dominated trading activities on the Nigerian Exchange Limited during the first half of 2026, controlling roughly 88 per cent of total market transactions. Cumulative market turnover climbed to a massive N9.6 trillion over the six-month period as local capital insulated the equities market from global volatility. Data from the exchange shows local institutional…