Demo Market News

Ayodeji Ebo, Managing Director of Optimus by Afrinvest, has attributed the recent surge in commercial paper (CP) issuances to the high cost of borrowing from banks.  

The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official market but strengthened on the parallel (black) market. 

In the first half of 2025, the consumer goods sector emerged as the strongest performer on the Nigerian Stock Market, surging by 52.21% and pushing the banking sector to second place with an 18.06% gain. 

Chapel Hill Denham has declared an income distribution of N5.20 per unit for its Nigeria Infrastructure Debt Fund, payable to qualified unitholders.  

The Nigerian stock market, tracked by the All-Share Index, extended its winning streak to seven sessions on Thursday, July 10, 2025. 

The Debt Management Office (DMO) has debunked claims that the Federal Government of Nigeria (FGN) spent N611.71 billion to service a domestic US Dollar-denominated bond in March 2025.  

Bitcoin struck past $118K on Friday morning, posting a new all-time high. 

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Guaranty Trust Holding Company (GTCO) is turning its gaze eastward and not toward Wall Street. Fresh off its dual listing on the London Stock Exchange, the Nigerian financial group said it is quietly laying the groundwork for a broader international...

Guaranty Trust Holding Company Plc has announced the listing of an additional 2,288,250,000 ordinary shares of 50 kobo each on the Nigerian Exchange (NGX) as part of a dual public offer. The update was contained in a market bulletin released...

Nigeria’s pension industry sustained its upward trajectory in May 2025, as total pension fund assets rose to N24.10 trillion, reflecting a 1.91% month-on-month growth from N23.65 trillion in April. 

Guaranty Trust Holding Company (GTCO) is targeting a minimum dividend yield of 15% and a return on equity (ROE) of at least 25%, according to Group CEO Segun Agbaje, following the bank’s landmark dual listing of its ordinary shares on...

Champion Breweries Plc has disclosed that it is seeking shareholder approval to issue up to 5 billion additional ordinary shares of 50 kobo each, either in the Nigerian or international capital markets. 

Bitcoin soared to an all-time high of $112,000 late Wednesday, driven by growing institutional interest and intensified risk appetite as traditional financial institutions deepen their exposure to the world’s largest cryptocurrency.  

The Nigerian All-Share Index closed in positive territory on Wednesday, July 9, adding 335.74 points to settle at 121,989.67.

The International Monetary Fund (IMF) has raised red flags over Nigeria’s growing use of crypto assets for cross-border transactions, citing substantial risks to capital flow management, monetary stability, and regulatory effectiveness—especially in emerging markets. 

Nigerian crude prices surged above $70 per barrel, marginally higher than the major oil contracts traded on the global oil market.

The first half of 2025 ended on a high note for some investors in the Nigerian capital market as BETAGLAS emerged the star performer, surging by a jaw-dropping 414.56%, far outpacing the broader market.

Despite tightening financial conditions and persistent macroeconomic uncertainties, all participating Pension Fund Administrators (PFAs) posted gains across their portfolios. 

Nigerian palm oil company Presco Plc has announced a final dividend of N42 for every 50 kobo ordinary share held, for the financial year ended December 31, 2024.