Nigeria’s $104 billion stock market rises again, but a drop in trading signals fading momentum

The NGX All-Share Index rose 0.07% to close at 218,256.59, keeping the market’s year-to-date return above 40%, one of the strongest performances globally in 2026
Nigeria’s stock market surges as industrial stocks power a strong rally

The NGX All-Share Index climbed 2.24% to close at 228,602.00 points, gaining 4,999.71 points in a single session. The move pushes the market’s return to 46.9% so far in 2026, underlining sustained investor appetite despite macroeconomic uncertainties
Nigeria’s stock market adds about $2.6 billion in a day as banking shares fuel rally

Data from the Nigerian Exchange (NGX) showed investors traded 1.49 billion shares worth N68.39 billion ($50 million) across 94,675 deals, compared with Friday’s session. Trading volume rose 42%, while turnover and deals increased by 36% each
Africa Mobile Money Market Size & Growth Report, 2034

Major providers include M-Pesa (Safaricom/Vodacom), MTN MoMo, Airtel Money, Orange Money, Tigo-Pesa, and PalmPay, as well as banks, fintechs, and super-app platforms
Airtel Africa Lifts Stock Market by 0.45% Amid Weak Investor Sentiment

The Nigerian stock market rebounded on Tuesday by 0.45 per cent after consecutive days of shedding weight as a result of intense selling pressure, triggered by profit-taking and regulatory changes like the adoption of the T+1 settlement cycle and a change to the price movement rules
U.S. moves to block market access for 7 African countries following comprehensive global forced-labor investigation

The proposal, unveiled by the Office of the United States Trade Representative (USTR), targets countries that the U.S. says have failed to impose or effectively enforce restrictions on imports produced with forced labour
Market Fires Highlight Need for Business Insurance, SMEs Told

Kenya Jun 30 – Following recent market fires and business losses, entrepreneurs have been urged to take up insurance to cushion themselves against unexpected disasters
Africa E-Commerce Market Size, Share & Growth Report, 2034

Growth is driven by increased internet penetration, mobile-first consumers, digital payment solutions, and a young, tech-savvy population
Nigeria’s $118 billion stock market slips as traders cash out after weeks of gains

The benchmark NGX All-Share Index fell 0.1% to close at 252,243.11 points, trimming 265.08 points from the previous session
After 50 years without a stock market, Africa’s second-most populous nation adds another major bank

Abay Bank S.C. has listed its shares on the(ESX) Main Market under the ticker ABAYB, becoming the fifth company admitted to Africa’s youngest stock exchange and the fourth private commercial bank to list since trading began in January 2025