The Nigerian stock market returned to positive territory in the week ended July 24, reversing the mild setback recorded in the previous week as investors renewed buying interest in banking and industrial stocks, pushing the benchmark index and market capitalisation to fresh highs. The Nigerian Exchange (NGX) All-Share Index (ASI) gained 1.60 per cent to …
The Nigerian Exchange Limited (NGX) ended the week of July 17 on a mixed note, with a strong rally in banking stocks cushioning losses in the broader market as industrial counters weighed heavily on performance. Although the All-Share Index (ASI) slipped 0.14 per cent to close at 243,462.13 points, investors' wealth increased as market capitalisation …
The Nigerian stock market staged a strong comeback in the trading week ended July 10, 2026, reversing its recent bearish trend as investors added about ₦9.3 trillion to the market's value, driven by renewed buying interest across major sectors and heavyweight stocks. A review of data from the Nigerian Exchange Limited (NGX) showed that the …
Nigeria's stock market extended its losing streak for a third consecutive week, with investors shedding another ₦1.8 trillion in value. This is even as trading activity rebounded sharply amid growing caution over upcoming economic events, expectations surrounding the Dangote Refinery listing and the release of second-quarter corporate earnings. For the trading week ended July 3, …
Investors on the Nigerian Exchange Limited (NGX) lost about ₦2.42 trillion in the just concluded week as the stock market extended its losing streak despite a rebound in major banking stocks. The market capitalisation of listed equities fell by 1.60 per cent to ₦148.905 trillion for the week ended June 26, 2026, from ₦151.327 trillion …
The Nigeria Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding with the Capital Market Authority of Rwanda to deepen cooperation and support the development of capital markets in both countries. The agreement was signed in Abuja on Monday and provides a framework for collaboration on investor education, capital market development, information sharing, …
Investors on the Nigerian Exchange lost about ₦5.64 trillion in one week as a sharp sell-off in banking and insurance stocks dragged the market lower. The NGX All-Share Index fell by 3.59 per cent to close at 235,941.27 points for the week ended June 19, 2026, while market capitalisation dropped by the same margin to …
Mortgage and financial stocks led gains on the Nigerian Exchange (NGX) in the week ended June 11, 2026. The performance helped to lift market capitalisation to nearly ₦157 trillion despite losses in several heavyweight consumer and industrial stocks. As a result, the NGX All-Share Index (ASI) rose by 0.88 per cent to close at 244,738.74 …
Escalating tensions between the United States, Israel and Iran have triggered volatility across African equity markets, as investors retreat from risk assets and reposition into safe havens. Markets from Lagos to Johannesburg have recorded sell-offs, cautious trading and sector rotations, driven by surging oil prices, currency pressure and global uncertainty. Brent crude has climbed on …
Nigerian stock market closed January 2026 on a strong note, as gains in 20 key stocks, spanning heavyweight blue chips and smaller, high-volatility names, combined to lift overall market performance on the Nigerian Exchange Limited (NGX). A review of stock market data for January shows price appreciation in 10 high-cap and 10 cherry-picking stocks that …
