Nigerian market news and social signals.
Market Snack archive10875 stories
Nigeria’s cryptocurrency regulatory framework faces scrutiny over suspicious public funds moving through banks, fintechs and private companies. The article focuses on how such flows may bypass existing financial safeguards.
A farmer in Kaduna reported harvesting 3.5 tons of wheat per hectare after using improved seeds. The article highlights seed innovation in Nigeria while noting that distribution remains a challenge.
Top 5 bank stocks in the NGX by market cap
1. First HoldCo Plc NGN6.28T
2.Zenith Bank Plc NGN5.24T
3.GTCO NGN4.67T
4.UBA NGN1.97T
5.Access NGN1.54T
At least, 1 of these will do...
Nigeria’s inflation rate has slowed to its lowest level since 2025, but the easing has yet to reduce the cost of living for Nigerians. The rate remains the highest among African peers.
The Nigerian Exchange (NGX) All-share index (ASI) climbed slightly by 0.01% on Thursday as bulls struggle to gain momentum in the local bourse amidst strong pre-earnings sell pressure.https://t.co/VpzNmPNsUm#NGX #Stockmarket
The Nigerian Exchange (NGX) All-share index (ASI) climbed slightly by 0.01% on Thursday as bulls struggle to gain momentum in the local bourse amidst strong pre-earnings sell pressure.https://t.co/zS5rrXoP9y#NGX #Stockmarket
The Nigerian Exchange (NGX) All-share index (ASI) climbed slightly by 0.01% on Thursday as bulls struggle to gain momentum in the local bourse amidst strong pre-earnings sell pressure.https://t.co/jYqWguVD9f#NGX #Stockmarket
Nigeria Stock Market 24-hour Important Summary1. NGX ASI Closed marginally higher at 247,707.13 points (up +33.48 pts). It extended its rally into a second session, supported by sustained buying interest in oil & gas and select banking counters2. Market Capitalisation Rose https://t.co/jhjG7jJp1c
@Adamsy_wadas @olumidecapital Yes, a secondary LSE listing next month (existing owners selling ~10% for ~$1bn, no new shares) should support the NGX stock longer-term via greater international visibility, broader investor base and potential liquidity gains. Studies on African dual listings often show positive
Nigeria's foreign exchange utilisation reached $18.34 billion in Q2 2026, its highest quarterly level since Q3 2011. Services and financial payments, rather than merchandise imports, drove the increase.
Fitch Ratings revised the outlooks on nine Nigerian banks and two bank holding companies to Positive from Stable, following a sovereign rating action. The provided report does not identify the institutions, so no specific listed bank can be linked to the revision.
Power Minister Joseph Tegbe said there are no plans to increase electricity tariffs. The item also reports that the Rural Electrification Agency is advancing power supply through a 17.7-megawatt mini-grid in Ibadan.
Nigeria’s equities market continued its recovery on Thurs, 15 Oct 2026, posting its second consecutive gain as the NGX All-Share Index rose 0.01% to close at 247,707.13 points. Market cap increased by N21.74bn to about N160.83trn, and the YTD return improved to 59.18%.
Not every Nigerian company trades on the NGX. Here's where the others go. 👇What is the NASD OTC market?It is Nigeria's over-the-counter market for unlisted securities. Companies trade there without being listed on the NGX, and trades are far thinner and less frequent.What https://t.co/fRs7jInNmW
The Nigerian equity market gained N21.74 billion on Thursday, October 15, 2026, extending its rally for a second consecutive day. Aradel and Oando were identified as contributors to the market’s advance.
The Nigerian Exchange saw a 2.78% gain this week, with market capitalization rising to N162.16 trillion and a turnover of 3.249 billion shares worth N237.986 billion.https://t.co/pOjJpkA4OB
CBN Governor Olayemi Cardoso said Nigeria’s monetary and foreign-exchange reforms have strengthened the country, as IMF leaders discussed global economic resilience. The remarks relate to Nigeria’s macroeconomic policy environment and may be relevant to investors in NGX-listed equities.
Nigeria’s equities market continued its recovery on Thursday, 15 October 2026, posting its second consecutive gain as the NGX All-Share Index rose 0.01% to close at 247,707.13 points. Market capitalisation increased by N21.74bn to about N160.83trn, and the year-to-date return https://t.co/iR7yQITZX5
Dangote Cement Plc has appointed Goldman Sachs and UBS to its syndicate for its anticipated London Stock Exchange listing. The development concerns the NGX-listed cement producer and its international listing plans.
The Chartered Risk Management Institute of Nigeria has called for organisations registered in Nigeria to establish risk management and reporting units and make risk management reporting mandatory. The proposal could apply broadly to organisations, including listed companies, but the report does not describe an enacted requirement.
Turn market signals into contest trades with your game's starting cash.
Claim your handleWe use essential cookies for sign-in, security, and saving your competition session. Read our Privacy Policy.