The Market Pulse

Latest Black Market Dollar to Naira Exchange Rate Today, Tuesday, October 13, 2026

The dollar traded at approximately N1,375 for buying and N1,390 for selling in Nigeria’s parallel market on October 13, 2026. The reported quotations placed the dollar above the official foreign exchange market rate, with the naira described as remaining under moderate pressure.

Livestock Feeds Extends Rally With 9.9% Gain After 47.8% Weekly Surge

Livestock Feeds gained 9.89% on the Nigerian Exchange on Monday, closing at N14.45 per share, up N1.30 from its previous close of N13.15. The move extended a rally that saw the stock rise 47.8% over the prior week and rank as the NGX’s best-performing equity.

43573 units of Aradel
71090 units of MTN
458015 units of GTCO
465116 units of Zenith
56248 units of DANGCEM
169014 units of HBMNG
2.4 million units of TIP
428971 units of NAHCO https://t.co/dy4HDZCgnU

Oando Falls 7.6% as Oil and Gas Stocks Remain Under Pressure

Oando Plc shares fell 7.55 percent to N33.65 on the Nigerian Exchange on Monday, down N2.75 from the previous close of N36.40. The decline placed the company among the session’s biggest equity decliners, amid continued pressure on Nigerian oil and gas stocks.

𝗡𝗜𝗚𝗘𝗥𝗜𝗔 𝗣𝗟𝗔𝗡𝗦 ₦𝟱.𝟳𝟱𝗧𝗡 𝗙𝗚𝗡 𝗕𝗢𝗡𝗗 𝗢𝗙𝗙𝗘𝗥𝗦 𝗜𝗡 𝗤𝟰 𝟮𝟬𝟮𝟲

Nigeria’s Debt Management Office (DMO) plans to offer ₦5.75 trillion worth of Federal Government of Nigeria (FGN) bonds between October and December 2026.

According to the provisional

Guinness Nigeria Jumps 9.9% to N423 in Monday Trading

Guinness Nigeria Plc shares rose 9.93% to N423 on Monday on the Nigerian Exchange, gaining N38.20 from the previous closing price of N384.80. The increase placed the stock just below the exchange’s 10% daily price movement limit.

Access Holdings Leads NGX Volume With 33.3 Million Shares Traded

Access Holdings Plc led equities by trading volume on the Nigerian Exchange on Monday, with 33.28 million shares traded worth N955.99 million. Financial stocks featured prominently, with four banks among the five most actively traded equities by volume.

Zenith Bank Dominates NGX Trading With N3.63 Billion Turnover

Zenith Bank led the Nigerian Exchange by transaction value on Monday, with 27.98 million shares traded for N3.63 billion. The turnover represented approximately 18.3 percent of the market’s trading value. Access Holdings recorded the highest trading volume among the most active equities.

@aderemi_haruna The real test is whether GTCO can sustain efficiency and returns as funding costs rise and easy gains fade.

NGX close, Mon 12 Oct: ASI 247,144.27 (-0.49%). Neimeth tops gainers at +10%; Sunu Assurances falls -9.85%. 28 advancers, 33 decliners. Dangote Refinery IPO closes 27 Oct - 14 days to go. https://t.co/nPKZIWSkbq #NGX https://t.co/rdC8rng4S6

Naira holds near N1,333/$ as FX turnover swings

The naira traded near N1,333 per dollar on Monday, October 12, 2026, while reported turnover in the Nigerian Foreign Exchange Market fluctuated sharply across trading sessions.

𝗡𝗜𝗚𝗘𝗥𝗜𝗔 𝗦𝗣𝗘𝗡𝗧 $𝟭.𝟴𝟮𝗕𝗡 𝗢𝗡 𝗘𝗫𝗧𝗘𝗥𝗡𝗔𝗟 𝗗𝗘𝗕𝗧 𝗜𝗡 𝗛𝟭 𝟮𝟬𝟮𝟲 — 𝗕𝗨𝗧 𝗜𝗡𝗧𝗘𝗥𝗘𝗦𝗧 𝗖𝗢𝗦𝗧𝗦 𝗞𝗘𝗘𝗣 𝗥𝗜𝗦𝗜𝗡𝗚

Nigeria spent $1.82 billion servicing its external debt between January and June 2026, down 21.5% from $2.32 billion in the same

NGX Extends Decline as All-Share Index Falls 0.25% to 247,736.24

The NGX All-Share Index fell 0.25% to 247,736.24 points on Monday, extending the market’s decline after it closed at 248,363.55 points on Friday, October 9. The index had declined 0.97% over the previous trading week.

𝗦𝗛𝗢𝗨𝗟𝗗 𝗡𝗜𝗚𝗘𝗥𝗜𝗔𝗡 𝗕𝗔𝗡𝗞𝗦 𝗕𝗘 𝗙𝗢𝗥𝗖𝗘𝗗 𝗧𝗢 𝗟𝗘𝗡𝗗 𝗧𝗢 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦𝗘𝗦?

An expert believes Nigeria needs stronger policies to push banks to finance productive sectors such as agriculture, manufacturing and construction.

On October 12, 2026, Chidozie

Nigeria, AfDB to review $6.2 billion project portfolio

Nigeria and the African Development Bank agreed to review the country’s $6.2 billion project portfolio to address implementation challenges, speed delivery and align ongoing operations with Federal Government priorities.

OPAY EYES NIGERIAN EXCHANGE LISTING

Fintech firm OPay has secured board and shareholder approval to pursue a secondary listing on the Nigerian Exchange after its planned IPO on the New York Stock Exchange.

The company is targeting about $500 million through the US offering and

Dangote Refinery's IPO is reportedly about 4x oversubscribed. 🛢️
Ask yourself: does that make it a good buy?
FACTS (as of Oct 13)
• 4.1bn new shares at ₦525, targeting ₦2.15tn
• Aliko Dangote says demand is about ₦8.61tn, roughly 4x the target
• Closing date extended by two

Dangote Refinery's IPO is reportedly about 4x oversubscribed. 🛢️
Ask yourself: does that make it a good buy?
FACTS (as of Oct 13)
• 4.1bn new shares at ₦525, targeting ₦2.15tn
• Aliko Dangote says demand is about ₦8.61tn, roughly 4x the target
• Closing date extended by two

Nigeria seeks World Bank guarantees to unlock private investment

Nigeria is seeking greater access to World Bank guarantees to attract private investment in infrastructure and support economic growth. The initiative could be relevant to Nigerian listed companies in construction and industrial goods, though no specific companies or securities are named.

World Bank targets $5.79bn in private investment for Nigeria

The World Bank Group plans to help Nigeria mobilise up to $5.79 billion in private financing in 2026. The available report does not specify the targeted investments or identify any Nigerian listed companies or sectors expected to benefit.