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 …
The equities market extended its losses for the fourth straight week, as the All-Share Index (ASI) fell below 145,000 basis points amid persistent selloff pressure on the trading floor of the Nigerian Exchange Limited (NGX). In the week ended November 21, the ASI declined by 2.24 per cent to close at 143,722.62 bps, while the …
The Nigerian stock market ended the first week of November on a bearish note as profit-taking dominated trading sentiment amid domestic and external headwinds, leaving investors to suffer a ₦2.83 trillion loss. Trading activity started on Monday, November 3, on a bearish note, sustaining the momentum all through the week. As a result, the total …
Thomas Wyatt Nigeria Plc and Premier Paints Plc are among the bottom 10 stocks on the Nigerian stock market struggling to maintain compliance with the post-listing requirements on the Nigerian Exchange Limited (NGX), checks by Pinnacle Daily have shown. Analysts see this non-compliance with post-listing requirements as negatively affecting companies' overall performance and eroding investors' …
The Nigerian stock market started the week on a bearish note as the All-Share Index (ASI) declined by 0.25 per cent to close at 153,739.65 amid concerns about United States President Donald Trump's threat of military action on Nigeria over alleged Christian genocide. Pinnacle Daily reported that Trump had asked the country’s Defence Department to …
Reaching a 55.88 per cent year-to-date return at the close of trading on Friday, October 31, total stock market capitalisation rose to N97.83 trillion, leaving investors with a N7.25 trillion gain in one month on the Nigerian Exchange Limited (NGX). This is one of the largest single-month gains in recent times that the stock market …
A pinnacle Daily data analysis has revealed that out of the approximately 147 companies listed on the Nigerian Exchange Limited (NGX), 10 dominant firms are responsible for more than 60 per cent of the NGX's total market capitalization, exerting a significant influence on the exchange's overall performance BUA Foods now leads the top 10 most …
The Nigerian equities market continued on a positive momentum, with investors pocketing a ₦2.16 trillion gain in the just-concluded week, despite the negative sentiment that was printed on banking stocks. Market capitalisation, the total value of stocks listed on the Nigerian Exchange Limited (NGX), rose by 2.37 per cent week-on-week to close at ₦93.30 trillion …
The threat by United States President Donald Trump to impose a 100% tariff on China has triggered a $1.65 trillion stock wipeout overnight. The ink was barely dry on Trump’s Truth Social post when the world felt the quake—at 10:03 PM WAT on October 10, 2025. President Trump declared war on Chinese imports with a …
