Browsing Category
Market
Firm raises N4.05b in first tranche of N20b bond programme
Dimension Data Limited has successfully secured ₦4.05 billion through the first tranche of its ₦20 billion…
Insurance stocks rescue NGX as investors recover N481 billion
The Nigerian Exchange (NGX) staged an impressive recovery on Tuesday, July 28, 2026, as investors added…
Investors gain N74.1tr in one year as market value surges by 87%
Nigeria's stock market has delivered one of its strongest performances in recent history, with investors gaining an…
Nigerian Stock Market Slips Again as Profit-Taking Extends Losing Streak
The Nigerian equities market extended its losing streak on Monday as investors continued to lock in profits from…
Dow futures rally 500 points as oil prices fall after U.S. and Iran pause attacks
Wall Street kicked off the week on a strong note as U.S. stock futures climbed sharply after a temporary pause in…
Stock market turnover surged by 54% to N306bn in five days
The Nigerian stock market delivered another impressive performance last week as trading activity on the Nigerian…
NGX stocks to buy in August 2026 amid oil, rate pressures
As August approaches, investors on the Nigerian Exchange (NGX) are keeping a close eye on opportunities that could…
Dangote reveals why London is preferred over Dubai for cement listing
Dangote Cement Plc has revealed why it is pursuing a secondary listing on the London Stock Exchange instead of…
Nigerian Stock Market Loses N800 Billion as NGX Index Falls 0.5% Despite Strong…
Trading on the Nigerian Exchange (NGX) ended on a bearish note on Wednesday as investors lost approximately N800…
NGX Gains N307bn as Investor Demand Pushes Market Capitalisation Above N159tn
The Nigerian Exchange (NGX) extended its winning streak on Tuesday, adding a remarkable N307 billion to investors’…
Stock Futures Slip as Oil Prices Surge Ahead of Major Tech Earnings Reports
Wall Street is facing renewed pressure as stock futures edged lower early Wednesday while oil prices climbed…
Shareholders Push for Strict 20% Free Float Rule to Boost NGX Liquidity and…
Nigeria’s capital market stakeholders are calling for stricter enforcement of the 20% free float rule, arguing that…
Treasury Yields Hold Steady as Middle East Tensions Keep Investors on Edge
U.S. Treasury yields traded mostly lower on Tuesday as investors carefully weighed growing geopolitical tensions in…
BUA Cement Selloff Drags Nigerian Stock Market Lower Despite First HoldCo’s…
The Nigerian stock market closed slightly lower on Thursday as a steep decline in BUA Cement overshadowed…
NGX Major Deals Hit N32.73 Billion as First HoldCo and Seplat Lead Market Rebound
The Nigerian Exchange (NGX) witnessed a surge in high-value transactions on Tuesday, with major deals totaling…
Foreign Investors Shift to Indian Bonds as Stock Market Sees Massive Sell-Off
Foreign investors are increasingly turning their attention to Indian government bonds, even as they continue to…
Nigerian Stock Market Rebounds as Market Capitalisation Surges by N719bn
After two consecutive days of losses, the Nigerian stock market staged a strong comeback on Tuesday, delivering a…
Nigerian Stock Market Loses N1.32 Trillion as Investor Risk Aversion Deepens…
The Nigerian stock market suffered a significant setback on Monday as heightened investor caution erased N1.32…
NGX Profit Taking Erases N1.32 Trillion in Massive Monday Sell-Off
It was a bruising start to the trading week on the Nigerian Exchange (NGX) as a heavy wave of profit-taking wiped a…
Nigerian bourse overtakes South Korean equities to claim world’s best-performing…
Nigeria's stock market has claimed the title of the world's best-performing equity market in dollar terms for 2026,…
NGX Surges to Record N155.59tn as Investor Confidence Sparks Historic Market Rally
The Nigerian Exchange (NGX) delivered another landmark performance on Wednesday, with market capitalisation soaring…
NGX Investors Gain N3.45 Trillion as Blue-Chip Stocks Drive Powerful Midweek Rally
The Nigerian stock market delivered a strong performance on Wednesday as investors recorded a massive N3.45…
S&P Places Nigeria on 2027 Watchlist for Frontier Market Return as Reforms…
Nigeria’s efforts to rebuild investor confidence and strengthen its capital market have received a major boost as…
Dangote Cement’s N753.8bn Dividend Set to Boost NGX as Investors Eye Market…
Investors on the Nigerian Exchange (NGX) are set for a major cash windfall as Dangote Cement Plc begins the…
NGX Rally Adds N1.86 Trillion as Cadbury, NAHCO and Dangote Cement Drive Broad…
Nigeria’s stock market extended its recovery streak on Tuesday as investors gained an impressive N1.86 trillion in…
SEC Approves N6.94 Billion Beta Glass Takeover Offer by Emerald HoldCo
The Securities and Exchange Commission (SEC) has approved a mandatory takeover offer worth N6.94 billion by Emerald…
Nigerian Stocks Poised for Fresh Rally as Smart Investors Target NGX Opportunities
Nigeria’s stock market is showing renewed strength, with investors closely watching for the next major rally on the…
Nigerian Stocks Gain N3.17 Trillion as Market Rally Pushes NGX Above 234,000…
The Nigerian stock market continued its impressive recovery on Monday, delivering a massive N3.17 trillion gain for…
Dangote Cement Share Slump Wipes N4.23 Trillion Off Aliko Dangote’s Wealth Amid…
Africa’s richest man, Aliko Dangote, has suffered a significant paper loss after a sharp decline in the share price…
Global Stock Markets Rally as South Korea Surges Despite Technology Sector…
Global stock markets rallied on Friday, showing resilience despite continued weakness in semiconductor and…