Eight Stocks Control 61% of N127 Trillion Market Cap
Eight stocks account for 61% of Nigeria's N127 trillion market cap, raising concerns about market concentration and systemic risks, with MTN Nigeria leading at N16.4 trillion.
Category : Stock Market
NGX ASI Hits 200,000 Points, N2 Trillion Gain
Nigeria's stock market soared as the All-Share Index crossed 200,000 points, with investors gaining nearly N2 trillion in a day, driven by strong demand and broad-based sector gains.
Nigeria's Capital Market Shifts to T+1 Settlement in 2026
Nigeria's capital market will transition to a T+1 settlement cycle starting May 29, 2026, aiming to boost efficiency, liquidity, and global competitiveness according to experts.
Nigerian Stock Market Hits Record High, T+1 Settlement Coming
The Nigerian stock market soared to an unprecedented high above 200,000 points, driven by strong gains in key stocks. Investors will benefit from faster fund settlements with the new T+1 cycle starting May 29, 2026.
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Nigerian Stock Market Gains Weekly with N164.8bn Turnover
The Nigerian Exchange closed higher for the week, with the All-Share Index rising 0.73% and market turnover reaching N164.8 billion. Financial Services stocks dominated trading activity.
SEC Closes 38 Unregistered Digital Investment Platforms
Nigeria's Securities and Exchange Commission has released a full list of 38 unregistered digital platforms it has shut down, warning fintech operators about investor risks in the capital market.
UCIF Delivers 24.62% Return in 2025, Distributes N6.19bn
United Capital Infrastructure Fund announced a 24.62% gross return for 2025, distributing over N6.19 billion to investors and strengthening governance with new experts.
Lagos Commuter Appeals for More BRT Buses
A Lagos resident has publicly appealed to the state government to increase the number of BRT buses, citing daily struggles due to insufficient public transport.
Champion Breweries Meets NGX Free Float Requirement
Champion Breweries Plc has successfully met the Nigerian Exchange's 20% free float requirement following a public offer and rights issue, enhancing compliance and trading prospects.
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NGX Gains N221bn as Market Closes Positive on Thursday
The Nigerian stock market rebounded on Thursday with a N221 billion gain in market capitalization. The All-Share Index rose 0.18% to 196,807.15 points, while Eterna Oil & Gas led gainers and Lotus Halogen topped decliners.
Nigerian Stock Market Gains 0.57% in Bullish Session
The Nigerian equities market continued its upward trajectory on Tuesday, with the All-Share Index rising 0.57% to 196,621.96 points. Market capitalisation increased by N710.97 billion, driven by strong buying interest across major counters.
NGX Loses N1.4 Trillion in One Week as Market Declines
The Nigerian Exchange Limited closed the final week of February 2026 on a bearish note, with market capitalisation shedding N1.4 trillion. Financial Services stocks led trading activity, while key equities like Zenith Bank and Japaul Gold saw significant
Stock Market Loses N514bn as Bearish Trend Continues
The Nigerian equities market sustained its bearish momentum for the second consecutive session, wiping N514 billion off investors' wealth. The All-Share Index fell 0.41% as profit-taking hit banking, consumer goods, and oil and gas stocks.
Investors Lose N73bn as Nigerian Stock Market Declines
The Nigerian stock market extended its bearish run on Wednesday, with the All-Share Index dropping 0.06% and investors losing N73.45 billion in market value. Trading activity improved despite the decline.
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Stock Markets Hit Record Highs on Easing AI Concerns
Stock markets across Asia and Europe reached unprecedented levels on Wednesday as investor fears about artificial intelligence overvaluation subsided. Positive corporate earnings and a calming presentation from AI firm Anthropic boosted technology shares.
Ojaja Pan Africa Clears ₦9.2bn Debt, Strengthens Market Trust
Ojaja Pan Africa Limited has fully redeemed ₦9.2 billion in commercial paper from Nigeria's debt market, demonstrating financial resilience amid high borrowing costs. The repayment, sourced internally, highlights strategic planning and investor confidence
FCMB Shares Gain Momentum on NGX as Investor Interest Builds
FCMB Group Plc shares are rising on the Nigerian Exchange, trading at ₦12.35, up from a 52-week low of ₦8.35, driven by investor confidence in its strategy and valuation upside.
NGX Leads Africa as Strongest Stock Market, Nears N126 Trillion
Nigeria's stock market emerges as Africa's top performer in dollar terms with 34.39% return, nearing N126 trillion market cap as investor confidence surges amid currency stability and policy reforms.
Nigerian Stock Market Gains 0.65% as ASI Rises
The Nigerian equities market continued its bullish momentum on Monday, with the All-Share Index advancing 0.65% to close at 196,263.55 points. Investors gained N804.56 billion as insurance, oil & gas, and consumer goods stocks drove market performance.
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Stock Market Rally Continues, Investors Gain N1.71 Trillion
The Nigerian equities market sustained its bullish momentum on Thursday, with the All-Share Index rising 1.40% as investors gained N1.71 trillion. Banking, consumer goods, and industrial stocks led the rally.
Nigeria Stock Market Soars 31% in 2026, Naira Rally Boosts Cap
Nigerian equities rank second globally for dollar returns in 2026, surging 31% as market capitalization climbs to $84 billion. The naira's 7% gain against the dollar fuels investor confidence and foreign participation.
NGX: 4.6 Billion Shares Traded in a Week, Market Up
The Nigerian Exchange recorded a significant trading volume of 4.652 billion shares worth N193.326 billion in one week, with the All-Share Index gaining 6.16%. Financial services led the activity, while Zichis Agro Allied topped the gainers list.
Traders Use Price & Volume to Understand Market Momentum
Market momentum is often misunderstood as speed, but it's better defined as persistence. Learn how traders combine price and volume data to identify sustainable trends and avoid common pitfalls in trading strategies.
Nigeria Second-Largest Investment Banking Market in Africa
Nigeria maintained its position as the second-largest investment banking market in Sub-Saharan Africa in 2025, with fees rising to $97.9 million, despite declines in equity issuance and M&A deal value.
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SEC Warns Nigerians About Digital Ponzi Schemes
Nigeria's SEC has identified five unregistered platforms operating as Ponzi schemes, warning investors about unrealistic returns and urging verification before investing.
Nigerian Stock Market Gains 3.84% as Financial, ICT Sectors Shine
The Nigerian stock market closed the week positively with a 3.84% gain, driven by strong performance in Financial Services and ICT sectors. Market capitalization rose by N4.13 trillion to N110.235 trillion.
CAC Removes 400,000+ Firms, Goes Fully Digital
Nigeria's Corporate Affairs Commission has delisted over 400,000 non-compliant companies while implementing a complete digital registration system to enhance business operations.
NGX Rally: Investors Gain N1.27 Trillion in Single Day
Nigerian equities market extended its bullish run with investors' wealth rising by N1.27 trillion as benchmark index gained 1.18%. Seplat Energy led gainers while Access Holdings dominated trading activity.
First Bank Leads N333bn Stock Market Rebound
The Nigerian stock market advanced 0.31% on Tuesday as banking and industrial stocks drove gains. First Bank bounced back strongly while market capitalization increased by N333 billion.
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Nigerian Stock Market Weekly Review: 3.087B Shares Traded
The Nigerian Exchange ended the week with mixed performance as investors traded 3.087 billion shares worth N81.505 billion. Financial Services led sector activity while market capitalization appreciated by 0.18%.
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