Category : Stock Market


Nigeria's Markets Gain Credibility as Investor Exit Route

Nigerian Exchange Group CEO Temi Popoola states that Nigeria's capital markets are establishing credibility as a viable exit route for institutional investors, citing recent reforms and transactions that improve market function and capital mobility.

MTN Hits N825.70 High as Stock Market Extends 9-Day Rally

The Nigerian stock market maintained its bullish momentum for the ninth consecutive session, with MTN Nigeria reaching a new high of N825.70. Market capitalisation surged by N3.39 trillion as 44 stocks gained against 27 decliners.

Top 10 Stocks Driving NGX Rally in April 2026

Nigeria's equities market extended its bullish run in April 2026, with banking, industrial, consumer goods, and energy stocks leading the charge. Discover the top performers and key drivers behind the NGX rally.

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

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.

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.

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.

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.

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.

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