Author: Gilbert Ayoola

Exchange Traded Funds (ETFs) emerged as a dominant force in the equities market on Friday, March 6, climbing to the top of the performance chart and reinforcing investor confidence in diversified investment vehicles.

Premier Paints Trades Strong on Renewed Investor Confidence After a prolonged period of subdued performance and relative market silence, Premier Paints has re-emerged on the Nigerian equities scene with renewed vigour, topping the gainers’ chart and attracting notable investor attention. The resurgence in trading activity marks a turning point for the paint manufacturer, which has recently shown encouraging signs of operational recovery and financial stabilisation. The renewed interest in the stock is largely underpinned by the company’s unaudited full-year 2025 financial results, which indicate a significant turnaround from the weak earnings trajectory seen in prior periods. Investors appear to be…

Oando Breaks Out on Rights Issue Optimism, Oil Tailwinds Oando Plc delivered an emphatic statement to the market as its share price staged a decisive breakout, closing at N50.25 after opening at N45.70, representing a robust gain of N4.55 within a single trading session. The move was not merely technical; it reflected a convergence of corporate action momentum, improving investor sentiment, and supportive macroeconomic currents shaping the energy landscape. The surge comes against the backdrop of the company’s proposed Rights Issue to existing shareholders at N50.00 per share on the basis of one new ordinary share for every two shares…

The latest X-Compliance Report released by the Nigerian Exchange Group (NGX Group) points to a deeper structural liquidity challenge in Nigeria’s equity market rather than a temporary, cyclical weakness.

SEC DG, Agama, Urges Civil Servants to Harness Capital Market for Wealth Creation In a strategic push to broaden domestic investor participation, the Director General of the Securities and Exchange Commission Nigeria (SEC), Mr. Emomotimi Agama has called on Nigerian civil servants to take advantage of capital market opportunities as a pathway to long-term wealth creation and financial security. The appeal was made during a courtesy visit to the Office of the Head of the Civil Service of the Federation, underscoring the Commission’s commitment to deepening financial inclusion and strengthening retail investor participation across the public sector workforce. Speaking during…

Ellah Lakes Faces Capital Setback Amid Market Challenges Ellah Lakes’ recent attempt to raise N235 billion through a public offering has ended in disappointment, underscoring the complex challenges confronting the company. The offer, priced at N12.50 per share, failed to attract sufficient investor interest, highlighting a clear “valuation friction” between market expectations and the company’s current financial performance. Adding to the pressure, the ongoing Banking Recapitalisation exercise has tightened liquidity across the market, further constraining the appetite for new share subscriptions. The combination of these factors meant the offer could not meet the 80% – 90% minimum subscription threshold required…

In a year already defined by volatility across exchange-traded products, the Stanbic IBTC ETF 30 has delivered one of the most astonishing price swings in Nigeria’s capital market.

Nestlé Nigeria: Momentum Repriced by Fundamentals, Not Speculation Nestlé Nigeria Plc staged a decisive market advance on Friday, February 13, 2026, as sustained buy-side pressure propelled the counter to a new all-time and 52-week high N2,662.00 per share. Opening at N2,420.00 and closing at N2,662.00, the stock recorded a notable N242 gain, extending its bullish trajectory and firmly positioning itself above its 50-day moving average of N2,028.58 a strong technical confirmation of upward momentum. This resurgence is not speculative exuberance; it is fundamentally anchored. After enduring a prolonged period of earnings compression driven by currency volatility, input cost pressures, and…

Liquidity Over Luxury: The Financial Truth Few Want to Admit In every market cycle, one pattern repeats with unnerving consistency: people chase wealth by accumulating what looks valuable rather than what pays them. The obsession with visible prosperity like houses, cars, and land has become a substitute for financial intelligence. Ownership is mistaken for income. Illiquidity is mistaken for security. Property deeds framed on the wall do not generate grocery money. A luxury car in the driveway does not pay school fees. Undeveloped land does not settle medical emergencies. These are stores of value at best, liabilities at worst, but…

NASD: Deepening Nigeria’s Short-Term Capital Market Over the past year, the NASD OTC Securities Exchange has steadily evolved into a dominant platform for the issuance and quotation of Commercial Paper (CP), effectively becoming a warehouse for short-term corporate funding. What was once a relatively underutilised segment of Nigeria’s capital market is now experiencing renewed momentum, as corporates increasingly turn to CP programmes to meet working capital needs and optimise funding structures. This surge in activity reflects a broader shift in corporate treasury strategy. In a high-interest-rate environment and amid tighter bank liquidity conditions, companies are seeking flexible, cost-efficient funding alternatives…