Stock Market Hits N136 Trillion, Investors Gain N1.664 Trillion
The Nigerian stock market capitalization surged to N136.436 trillion, delivering N1.664 trillion in gains to investors as large and mid-cap stocks led a broad-based rally.
Category : Stock Market
Seplat Shares Hit N10,450 on NGX as Elumelu Deal Drives Growth
Seplat Energy has become the first company listed on the Nigerian Exchange Limited to exceed N10,000 per share, reaching N10,450. This remarkable rally is driven by Heirs Energies' acquisition of a 20.07% stake from Maurel & Prom, making Tony Elumelu the
Seplat Breaks N10,000 Barrier, Elumelu Stake Fuels NGX Rally
Seplat Energy becomes the first company to close above N10,000 per share on the Nigerian Exchange, driven by Tony Elumelu's strategic investment and strong financial results, adding N2.9 trillion in market cap.
Investors Gain N2.28 Trillion as NGX Market Rallies
The Nigerian Exchange Limited (NGX) saw a massive rally, adding N2.28 trillion in value, with the market capitalisation crossing N134 trillion. Blue-chip stocks like Airtel Africa and MTN Nigeria led the gains.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Niger Delta: $226B Loss from Ogoni Oil Shutdown
Stakeholders in the Niger Delta reveal Nigeria has lost over $226 billion due to the prolonged shutdown of oil operations in Ogoniland since 1993, urging a restart with community involvement and environmental safeguards.
Seplat Breaks N10,000 Barrier in Historic NGX Rally
Seplat Energy Plc becomes the first company in Nigerian Exchange history to close above N10,000 per share, driven by Tony Elumelu's strategic investment and strong financial performance.
Seplat Hits N10,450 Share Price, Investors Gain N2.9 Trillion
Seplat Energy becomes first NGX-listed company to cross N10,000 share price mark, reaching N10,450. Nigerian stock market capitalization hits N132.49 trillion as investors gain N2.9 trillion.
NMDPRA Warns Against Rigid Fuel Spec Harmonisation in Africa
NMDPRA CEO Saidu Mohammed cautions African policymakers against rigid fuel specification harmonisation, advocating a phased approach to reflect diverse regulatory and infrastructure realities across the continent.
Dangote Refinery Prepares $5bn IPO, Africa's Largest
Dangote Petroleum Refinery is preparing to launch Africa's largest IPO, potentially raising $5 billion. The offering could reshape investment flows and boost Nigeria's economy significantly.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
CSCS Raises 2026 Fees Sharply for Nigerian Capital Market
The Central Securities Clearing System has overhauled its fee structure for 2026, with OTC trade fees surging 3,233% and custody charges shifting to asset-based pricing, impacting brokers and investors.
Nigerian Stocks Rally, Market Cap Hits N131.6 Trillion
The Nigerian stock market opened the week positively, with market capitalization rising to N131.6 trillion. Gains in key stocks like Nigerian Exchange Group and Trans-Nationwide Express drove the rally, amid strong investor sentiment.
Conglomerates Rally 500% in Three Years on NGX
The Nigerian conglomerate sector has seen a remarkable 511% increase in market capitalization from 2023 to 2026, driven by policy reforms and renewed investor confidence.
NGX Capitalisation Rises N443bn Amid Stock Gains
The Nigerian Exchange Limited saw a positive trading session with market capitalisation increasing by N443 billion, driven by gains in 31 stocks including Guinness Nigeria and Nigerian Breweries.
SEC Freezes Assets of Alleged Terrorism Financiers in Nigeria
Nigeria's SEC has ordered the immediate freezing of assets belonging to 10 individuals and 3 entities linked to terrorism financing, following their designation by the Nigeria Sanctions Committee.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Stock Market Rally Boosts Investor Wealth by N1.36 Trillion
The Nigerian equities market continued its upward trend, with investors gaining N1.36 trillion as blue-chip stocks drove gains. The all-share index rose 1.03% to 203,770.42 points, while market capitalisation increased to N131.17 trillion.
Nigerian Stock Market Gains N707bn as N31.5bn Traded
The Nigerian stock market closed higher with a N707 billion gain, driven by strong performances in banking, consumer goods, and industrial sectors, while over 548 million shares worth N31.5 billion were exchanged.
Niger Delta Leaders Back Tantita Pipeline Security Contract
Traditional rulers and community leaders in the Niger Delta have called for sustained support for Tantita Security Services Limited following a National Assembly vote of confidence. They cite improved security, job creation, and reduced oil theft as key b
Stock Market Gains N389bn as Bullish Streak Continues
The Nigerian equities market extended its bullish run midweek, with investors gaining over N300 billion as market capitalisation rose to N130.404 trillion, driven by strong performances in banking and oil stocks.
Strait of Hormuz: Key to Global Oil Markets Explained
The Strait of Hormuz remains a vital global oil route, with 20% of world supply passing daily. Rising Iran-US-Israel tensions threaten disruptions, as alternative routes have limited capacity compared to this strategic waterway.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nigeria Regains FTSE Russell Frontier Market Status
FTSE Russell has reclassified Nigeria from 'Unclassified' to 'Frontier Market', effective September 2026, citing improvements in NGX infrastructure, transparency, and investor access.
NGX Crosses N130 Trillion Amid Corporate Actions
The Nigerian Exchange Limited (NGX) surged past N130 trillion in market capitalisation, gaining N209 billion in a single trading session. Key stocks like Cadbury Nigeria and GTCO drove the upturn, while market breadth remained negative with more decliners
Nigerian Stock Market Gains N208.65bn After Easter Holiday
The Nigerian stock market opened the new trading week bullish, with market capitalization increasing by N208.65 billion. Strong buying interest in Cadbury Nigeria, First Holdco, and Honeywell Flour Mills drove the rally, while Transnational Corporation an
NGX Gains N837bn Amid Strong Corporate Performance
Investors on the Nigerian Exchange Limited gained N837 billion last week, driven by improved full-year financials from listed companies and new share listings, despite mixed sectoral performance and declining trading activity.
NGX ASI Hits 200,000, Investors Gain N2 Trillion in One Day
Nigeria's stock market soared as the NGX All-Share Index crossed 200,000 points, with investors gaining N2 trillion in a day, driven by strong demand and sector-wide gains.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
US Stocks Surge on Iran War End Optimism, Oil Prices Fall
US stocks surged significantly after Iran's President indicated a potential end to the ongoing conflict, boosting market optimism while oil prices declined amid reduced geopolitical tensions.
Stock Market Rebounds, Investors Gain N516bn in March
The Nigerian stock market closed March positively with a 0.40% gain, adding N516 billion to market capitalization. Investors engaged in bargain hunting across major equities despite negative market breadth.
Zedcrest Appoints Simbiat Bada as MD After RMB Acquisition
Zedcrest Group has appointed Simbiat Bada as Managing Director of its stockbroking subsidiary, following board approval and SEC clearance, two years after acquiring RMB Nigeria Stockbrokers.
NGX Market Value Soars 528% in Five Years
The Nigerian Exchange Limited (NGX) has seen its market capitalization surge by N108 trillion, or 528.7%, to N129 trillion since demutualization in 2021, marking a historic bull run.
NGX Regco Fines Five Firms N291m for Market Abuses
NGX Regulation Limited has sanctioned five trading firms, including CSL Stockbrokers, with a total of N291 million in penalties for violations like wash trades and self-matching, aiming to uphold market integrity.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Stock Market Loses N275bn Amid Widespread Selloffs
The Nigerian stock market started the week with a significant decline, erasing N275.15 billion in value as investors engaged in profit-taking across major stocks, including May & Baker and Zenith Bank.
Page 1 of 8
