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Nigerian stocks surge ₦1.37tn amid police-market crackdown rally

Nigerian equities posted their strongest daily gains in recent sessions on Wednesday, buoyed by renewed investor confidence as both the leadership of the Nigerian Police and the Capital Market joined forces in a renewed crackdown against market infractions. The rally followed the Inspector-General of Police, Kayode Egbetokun, leading the closing gong ceremony at the Nigerian […]

NGX: Top 10 best performing stocks in January 2024
Helth

Healthcare stocks rally as investors bet on Nigeria’s pharma growth

Nigeria’s pharmaceutical sector has emerged as one of the stock market’s strongest performers in 2025. Fidson and May & Baker have recorded impressive year-to-date gains of 117 per cent and 86.2 per cent, respectively, as of September 16, 2025. This growth is attributed to resilient domestic demand and strong earnings, which have cemented their positions […]

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Nigerian stock market rebounds with N986bn weekly gain

The Nigerian stock market rebounded last week, as investors’ portfolio value increased by over N986 billion in the five trading days. A major performance indicator, Nigerian Exchange Limited, NGX All Share Index, ASI closed higher, Week on Week, WoW, in four of the five trading sessions, thereby ending a four-week losing streak. The renewed positive […]

Business

Axa Mansard, Learn Africa lead market decline on NGX

Stocks like Axa Mansard Insurance, Learn Africa, Legend Internet, and other market decliners on Wednesday led to the stock market’s record dip by 0.45 percent. The market’s third day of negative close came after Axa Mansard Insurance, one of the major laggards dropped by 9.95 percent, from N15.98 to N14.39, losing N1.59. It was followed […]

Investors profit N355bn as equities market opens positive
Business

Investors profit N355bn as equities market opens positive

Equity market investors made a profit of N355bn as the local stock exchange started trading well on Monday. According to The Punch, market capitalization as well as the All-Share Index, which tracks market activity, both increased by 0.97 percent to N36.865 trillion and 67,101,33 basis points, respectively. The Nigerian Exchange Limited has benefited from listings during […]

10 things to know about capital market investment
Economy

Stock market gains N41bn – Report

By Christian George     The stock market recovered on Wednesday with a N41 billion gain after five uninterrupted sessions of losses.   The overall capitalization rose by N41 billion on investor interests in NASCON Allied Industries and 30 others.   The All-Share Index gained 75.16 points, representing a gain of 0.12 per cent to […]

Nigerian equities market surges with N1.33 trn gain
News

Nigerian equities market surges with N1.33 trn gain

The Nigerian equities market showcased an impressive performance in the past week, with the combined value of listed equities soaring by N1.33 trillion, reflecting a significant 3.89% increase. The market capitalization closed at N35.395 trillion, surging from the previous week’s N34.069 trillion, driven by robust demand for blue-chip stocks and a boost in investor sentiment, […]

Investors hit N2trn as stock market records highest since 2008
Business

Investors hit N2trn as stock market records highest since 2008

Due to favourable reactions to the policy measures of the new administration headed by the president, Bola Ahmed Tinubu, investors made N1.93 trillion in two consecutive trading days, bringing the stock market to its highest level since 2008. According to Vanguard, the outstanding stock market performance began on Monday when investors realized gains of N1.35 trillion as the […]

NNPC, First E&P provide free healthcare in host communities
Business

NNPCL reiterates intention to sell stocks

NNPC Ltd., the Nigerian National Petroleum Company, has reiterated plans to offer its Initial Public Offer to investors very soon. This was stated by the Group Chief Executive Officer of NNPC Ltd., Mele Kyari, on Tuesday in Abuja at the 22nd Nigeria Oil and Gas Energy Conference and Exhibition. The topic of the conference is “Powering Nigeria’s […]

Investors gain N534bn as stock market opens for Q2 23
Business

Investors gain N534bn as stock market opens for Q2 23

Investors won almost N534 billion, on Monday, helping the stocks market on the Nigerian Exchange Limited, start the week off well. According to Vanguard, another stock market indicator, the NGX- All Share Index, or ASI, increased by 1.6% to 61,949.24 points as a result of increased investor interest in MTN Nigeria, which rose to 1.7%, Stanbic IBTC, which […]

Banks dollar sale drops as naira falls to N1,479
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Stock market jumps by 5.5% as forex reforms begin 

The stock market increased by 5.5 percent last week as a result of the federal government’s launch of the Foreign Exchange market reform. Vanguard reported that on Wednesday, June 15, 2023, the government announced steps to liberalize the foreign exchange market. The initiatives included the abolition of all market segmentations and the elimination of numerous […]

Stock market soars after Emefiele's suspension - Report
News

Stock market soars after Emefiele’s suspension – Report

The Nigerian stock market reached unprecedented heights on Tuesday, catapulting to its highest level since July 2008. This surge comes on the heels of the suspension of Central Bank Governor, Godwin Emefiele, as investors are placing their bets on a potential currency devaluation. The main index of the Nigerian Exchange soared above 57,437 points, in […]