Nigerian stock market opens bearish as investors lose N276bn
The Nigerian stock market opened the week on a weak note, with investors losing about N276 billion in value. Data from the Nigerian Exchange Limited showed that market capitalization dropped slightly. The All-Share Index also fell by 428.63 points, showing a decline in overall market performance. Market activity remained mixed, with more losing stocks than […]
Nigerian stock market hits N110tn as investors gain N1.1tn
Nigeria’s stock market closed the week on a high note as total market value crossed the ₦110 trillion mark, delivering strong gains to investors. Data from the Nigerian Exchange Limited (NGX) on Friday showed that investors made about ₦1.1 trillion in one day, reflecting renewed confidence in equities. Market capitalisation rose by 1.01 percent, moving […]
Nigerian Stock Market gains N184bn despite 0.09% dip in ASI
The Nigerian stock market closed Friday’s trading session on a mixed note, as total market value rose by ₦184 billion even though the All-Share Index (ASI) recorded a slight drop. Data from the Nigerian Exchange Limited showed that market capitalization increased by 0.17 percent to ₦106.153 trillion, up from ₦105.969 trillion in the previous session. […]
Nigerian stock market extends rally with N126bn gain
The Nigerian stock market continued its positive run on Tuesday as investors gained about N126 billion, reflecting a 0.12 percent increase in market value. Data from the Nigerian Exchange showed that total market capitalisation climbed to N106.088 trillion, up from N105.962 trillion recorded in the previous trading session. In the same direction, the All-Share Index […]
Nigerian stock market rebounds as investors gain N74bn
The Nigerian stock market recorded a modest rebound on Friday, bringing relief to investors after losses in the previous trading session. Total market value increased by N74 billion as renewed buying interest returned to some key stocks on the Nigerian Exchange Limited (NGX). Market capitalisation rose by 0.07 percent to close at N105.959 trillion, compared […]
NGX rebounds with N30bn gain after SEC hikes capital requirements
The Nigerian Exchange (NGX) rebounded with a gain of about N30 billion following a new policy move by the Securities and Exchange Commission (SEC) to increase capital requirements for market operators. The development helped restore confidence among investors after recent market fluctuations. Market analysts say the rebound reflects optimism that the new SEC policy will […]
NGX records massive N2.5tn gain first time since Trump’s threat shockwave
The Nigerian Exchange (NGX) has recorded a remarkable N2.5 trillion gain, marking the first significant recovery since the economic shock caused by former U.S. President Donald Trump’s recent threats against Nigeria. The surge comes after a period of heightened investor anxiety and market volatility triggered by Trump’s designation of Nigeria as a “Country of Particular […]
Nigerian firms push NGX to historic 1,516.10 basic points, N963bn gain
The Nigerian Exchange Limited (NGX) witnessed a remarkable surge on Tuesday as key firms, including SCOA Nigeria, Omatek, Consolidated Hallmark Holdings, BUA Foods, and Vitafoam, pushed the market to a historic high of 151,456.91 basis points. Investors recorded an impressive N963 billion gain, extending the bullish momentum seen in recent weeks. According to market data, […]
Dangote Cement, other stocks lose N202bn as NGX records first dip in three days
The Nigerian stock market recorded a loss of N202 billion on Friday after three straight days of gains. This drop was mostly due to a sharp fall in Dangote Cement’s share price, along with a few other stocks. According to the Nigerian Exchange (NGX), the market capitalisation fell by 0.3%, dropping from N66.667 trillion on […]
Investors in Nigerian stock market record N91bn gain
Investors in Nigeria’s stock market recorded a gain of N91 billion on Friday, bringing a positive end to the week after several days of losses. The market capitalisation, which started the day at N67.102 trillion, increased to N67.193 trillion, reflecting a 0.14 percent rise. Similarly, the All-Share Index moved up by 146 points to close […]