Markets & Investing

NGX suspends newcomer Zichis after 859% stock surge in a month

Barely a month after its debut on the Nigerian Exchange, Zichis Agro-Allied Industries Plc...

These Nigerian stocks have delivered over 200% gains just weeks into 2026

Nigeria’s stock market delivered a familiar mix this week: explosive gains in a handful...

Why First HoldCo shares jumped big after a 92% profit crash

At first glance, First HoldCo’s latest results looked ugly. Nigeria’s biggest banking group by...

Stocks: Afrinvest retail users up 1,000% as firm targets ₦140tn Nigerian market

Afrinvest West Africa is seeing a sharp surge in retail participation on its investment...

SEC capital hike triggers pushback from brokers, fund managers

Nigeria’s decision to sharply raise minimum capital requirements for capital market operators has triggered...

SEC raises capital bar for brokers, fund managers. Top tier N5bn from ₦150m

Nigeria’s capital market operators are facing their most sweeping regulatory reset in more than...

Deap Capital rallies on Banklink Africa deal to fund mineral expansion

Shares of Deap Capital Management & Trust Plc continued their aggressive rally on Wednesday,...

As stocks rise 51%, three men control a third of Nigeria’s N99 trillion market

LAGOS — Nigeria’s stock market delivered headline-grabbing returns in 2025, but beneath the 51.2%...

Nigerian stocks open 2026 at a new record high

Nigerian equities opened 2026 on a strong note, with the market hitting its highest...

Is the Nigerian stock market open at Christmas? Here’s NGX schedule

As the year draws to a close, investors on the Nigerian Exchange (NGX) are...

First Bank begins deduction of 10% withholding tax on short-term securities

First Bank of Nigeria has begun implementing a 10% withholding tax (WHT) on interest...

Biggest one-day fall in 15 years! New tax fears batter Nigerian stocks

Nigerian stocks suffered their steepest single-day decline in 15 years on Tuesday as jittery...

Why Infrastructure Funds are the next big thing for Nigerian investors

In recent months, some of Nigeria’s biggest investment firms – Chapel Hill Denham, Coronation,...

Nigerian stocks fall an opportunity for investors to buy – NGX CEO

Nigeria’s recent stock market downturn should be seen as a buying opportunity rather than...

Trump’s military threat shakes Nigerian markets as stocks, naira, and bonds fall

Nigerian financial markets fell on Monday after U.S. President Donald Trump threatened possible military...

FIRS imposes tax on short-term investments amid concerns over Nigeria’s expanding tax net

Nigeria’s Federal Inland Revenue Service (FIRS) has introduced a 10% withholding tax on interest...

Presco Plc approves second interim dividend as profit doubles

Presco Plc, Nigeria’s leading integrated edible oil producer, reported a sharp jump in profit...

Africa’s private capital hits $5 billion, fuelled by M&A rise

Africa’s private capital market staged a sharp rebound in the third quarter of 2025,...

Gold hits record $4,000 before easing as investors take profits

Gold prices hit an all-time high this week, climbing above $4,000 an ounce for...

GTCO makes history as first Nigerian banking company to hit ₦100

Shares of Guaranty Trust Holding Company Plc (GTCO) surged past the ₦100 mark on...