Nigeria

Capital raising

Stock Exchanges weekly news – 7 September 2026

1. Dangote refinery IPO priced, opens 14 September Africa’s biggest initial public offering (IPO) is to launch on 14 September and close on 13 October. ...

Exchange news

Up to $1bn could flow to Nigeria as NGX rejoins Frontier Index on 21 September

Equity trading on the Nigerian Exchange (NGX) was buzzing early on 4 September ahead of the exchange’s return to the FTSE Russell Frontier Markets Index, ...

Exchange news

What’s driving performance at Africa’s top 10 exchanges?

Africa’s securities exchanges have been climbing sharply in 2025 and still in 2026. Although this article is delayed, it’s interesting to delve into what is ...

Capital raising

$1bn pledged for Dangote Refinery IPO

Note, this story is for news information purposes only and is not part of any offer, invitation, inducement, recommendation or solicitation to purchase, subscribe for, ...

Capital raising

Dangote Refinery’s $5bn IPO coming soon, stirs market

Dangote Petroleum Refinery & Petrochemicals FZE has submitted its application for an initial public offering (IPO) of shares to Nigeria’s Securities and Exchange Commission. It ...

Bonds

Africa’s giant infrastructure finance dominates banking awards

Finance that unleashes giant infrastructure projects was highlighted at the 2026 African Banker Awards, showing the size and scale of current projects as Africa builds ...

Exchange news

Nigeria T+1 settlement from 1 June

The Nigerian capital market is working to get ready to move to T+1 settlement (clearing and settlement on the day after trade), starting 1 June ...

Capital raising

Dangote Refinery to be Africa’s biggest IPO

UPDATE 5 AUGUST 2026: We have an update on this post with new IPO timings, after Dangote Petroleum Refinery and Petrochemicals submitted its application to ...

Exchange news

President Tinubu hails Nigerian Exchange NGN 100 trillion market cap milestone

The Nigerian Exchange has continued its strong growth this year, and on 5 January passed a milestone market capitalization of NGN 100 trillion to close ...

Capital raising

UPDATE: Nigerian waste management company hybrid offer extended to 12 January

UPDATE 15 Dec: The Initiates Plc share offer has been extended from 12 December to 12 January, according to this announcement on the company’s website ...

Capital raising

Nigerian agri-business $162m share offer – EXTENDED

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: Ellah Lakes has extended its share offer ...

Exchange news

Upgrading core tech driving Nigeria’s post-trade

TECH TUESDAY – Nigeria’s Central Securities Clearing System Plc (CSCS) has been upgrading its core technology system ahead of this week’s upgrade of the market ...

Exchange news

T+2 to transform Nigerian securities trading 28 November

The Nigerian capital market will be transformed this Friday, 28 November, as it moves to the settlement on the second business day after trading, T+2. ...

Capital raising

Nigeria puts spotlight onto dynamic tech firms

The news spotlight is firmly back onto Africa’s high-flying technology scene this week, with the news that a venture fund backed by the Nigerian Government ...

Climate

Absa AFMI index shows reform helps in hard times

Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of ...

Capital raising

Nigeria’s GTCO to list on London SE from 9 July

(NOTE: This news report is not legal advice or an official announcement. You are advised to check the official documentation. AfricanCapitalMarketsNews takes no responsibility for ...

Exchange news

Legend Internet shareprice soared after since Nigerian Exchange listing

The share price of the latest company to list on Nigerian Exchange (NGX) soared by up to 77% in the first two weeks following its ...

Climate

Clear progress for Africa’s financial markets

Jeff Gable, Chief Economist, and Anthony Kirui, Head of Global Markets Ex.SA, at Absa CIB explain why recent strong progress in Africa’s financial market development ...

Capital raising

Nigeria’s new listing tops trading volumes as shares soar

Housing and hospitality group Haldane McCall plc sees its listing on the Main Board of the Nigerian Exchange Limited as the route to raise future ...