Shares of gold mining companies rose in premarket trading on Monday after bullion prices climbed to a record high of $5,100 an ounce. The surge extends a historic rally driven by safe-haven demand amid geopolitical tensions and global market volatility. Gold gained about 64 per cent in 2025, marking its strongest annual performance since 1979. …
The Nigerian stock market recorded its first weekly decline in 2026, as investors lost about N394 billion amid sustained profit-taking. The All-Share Index (ASI) fell by 0.37 per cent week-on-week to close at 165,512.18 points, reflecting weaker investor sentiment. Market capitalisation also declined by 0.37 per cent to N105.96 trillion, from N106.35 trillion in the …
Several overlooked stocks emerged as major drivers of Nigeria’s stock market in 2025, delivering unexpectedly strong performances. The forces behind their gains may shape future investment decisions and signal patterns investors should watch. Pinnacle Daily reported that the stock market delivered a robust 51.19 per cent year-to-date return and a ₦36.62 trillion gain for investors. …
Access Holdings, Oando and Conoil ranked among the worst-performing equities on the Nigerian Exchange Limited (NGX) during the 2025 trading year, as several stocks recorded steep declines in market value. Other equities that completed the bottom ten list include VFD Group, Sunu Assurances, Africa Prudential, Lasaco Assurance, Haldane McCall, Industrial and Medical Gases Nigeria, and …
Samsung Electronics (005930.KS) announced on Wednesday that it will acquire 2.5 trillion won ($1.73 billion) of its own shares to fund employee and executive compensation. The purchases will be made on the stock market between January 8 and April 7, according to a regulatory filing. This buyback is part of a performance-linked compensation scheme that …
The Nigerian stock market extended its bullish run on Monday, pushing total market capitalisation above the ₦100 trillion threshold. Market value rose by ₦1.87 trillion to ₦101.52 trillion, buoyed largely by the additional listing of 2.575 billion shares of First Bank on the Nigerian Exchange Limited (NGX). The All-Share Index (ASI) advanced 1.74 per cent …
NCR Nigeria Plc emerged at the forefront of a broadly bullish Nigerian stock market in 2025, as investors enjoyed one of the strongest rallies in recent years. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) delivered a robust 51.19 per cent year-to-date return, reflecting sustained buying interest across sectors. By the close of trading on …
At the close of trading on Monday, December 29, the Nigerian stock market’s All-Share Index (ASI) rebounded to a 50 per cent year-to-date return. It marked its first recovery to that level since October 28, 2025. The upward trajectory saw the ASI rise by 0.55 per cent to close at 154,389.53 points. Similarly, the market …
The Nigerian stock market capitalisation is expected to surge to over N260 trillion in 2026, from the overall N91 trillion the market is currently valued. The Managing Director/Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, said this on Thursday, November 27. He projected this while speaking broadly on Nigeria’s economic outlook for 2026 …
The Nigerian stock market returned to a bearish note on Wednesday, leaving investors with a loss of N444.32 billion at the end of the day’s trading session on the floor of the Nigerian Exchange Limited (NGX). It rebounded on Tuesday, November 25, halting its six-session downturn as investors heaved a sigh of relief with a …
