Ghana Stocks Set for 81% Gain in 2026 as Databank Targets 16,000 Points
Ghana’s stock market is on track for one of its strongest performances in recent years, with Databank Research projecting the…
Category: Stock
Seplat Energy, UPDC Lead N238bn NGX Market Rebound as Investors Return to Equities
The Nigerian Exchange (NGX) staged a modest rebound on Thursday, with investors returning to selected heavyweight stocks and pushing the…
FTSE Russell Lists 31 Nigerian Stocks Including Dangote Cement, MTN, Zenith Bank in Frontier Index
FTSE Russell has listed 31 Nigerian companies in its Frontier Index Series, bringing some of the country’s biggest publicly traded…
Nigerian Stocks Lose N41 Billion as Large-Cap Shares Drag NGX Lower
Nigerian stocks lost about N41 billion in market value on Wednesday as sell-offs in major large- and medium-capitalised companies pulled…
NGX Megacaps Add N46.69 Trillion in Market Value in Eight Months of 2026
Nigeria’s biggest listed companies have delivered a major boost to the Nigerian Exchange (NGX), with nine megacap stocks adding a…
NGX Closes August Strong as ASI Jumps 1.20%, Investors Eye September Rally
The Nigerian Exchange Limited (NGX) ended August on a strong note as renewed buying interest pushed the All-Share Index (ASI)…
Tony Elumelu’s Seplat Stake Hits N1.48 Trillion as Shares Surge
Tony Elumelu’s stake in Seplat Energy Plc has climbed to approximately N1.48 trillion ($1.28 billion), as the energy company’s share…
Nigerian Stocks Rebound as Investors Brace for High-Volatility September
Nigerian stocks staged a strong recovery toward the end of August, clawing back losses from a two-week decline as renewed…
Top 10 Nigerian Stocks That Led Market Rally as University Press Surged 18.75%
Nigerian equities staged a strong rebound in the week ended August 28, with several stocks posting significant gains after two…
NGX Investors Gain N1.29tn as FTSE Russell Upgrade Sparks Fresh Buying Interest
The Nigerian equities market started to regain momentum as investors gained N1.29 trillion in market capitalisation last week, with renewed…
Safaricom Reclaims KSh1.5 Trillion Market Cap as Nairobi Stocks Extend Rally
Safaricom has reclaimed the KSh1.5 trillion market cap milestone after its share price climbed to a more than four-year high,…
Nigerian Stocks Break 11-Day Losing Streak as FTSE Russell Frontier Market Upgrade Boosts Banks
Nigeria’s stock market finally found its footing on Thursday, August 27, ending an 11-session losing streak after FTSE Russell confirmed…
Nigerian Equities Market Loses N260bn as Selling Pressure Weighs on Investors
The Nigerian equities market closed lower as renewed selling pressure and profit-taking dragged investor wealth down by N260 billion at…
Nigerian Stock Market Loses N260 Billion as Sell-Off Enters 11th Straight Session
The Nigerian equities market extended its losing streak on Wednesday, August 26, with investors continuing to sell off stocks across…
NGX Correction Deepens as Investors Lock in Gains After Record Run
Nigeria’s equities market is experiencing a deeper correction as investors continue to take profits following a remarkable run that pushed…
Stock Futures Slip as Tech Shares Retreat Amid Rising Treasury Yields
Stock futures opened the week slightly lower on Monday as technology shares came under pressure, adding to concerns among investors…
Nigerian Stocks Extend Sell-Off as Haldane McCall Leads Weekly Gainers
Nigeria’s stock market extended its recent decline in the week ended August 21, with the NGX All-Share Index falling by…
NGX Sell-Off Wipes Out N5.9tn as BUA Foods, MTN Nigeria Take Biggest Hit
The Nigerian equities market has suffered a sharp two-week sell-off, wiping approximately N5.9 trillion off its market capitalisation as investors…
United Capital Insider Sells 3,651 Shares in N65,170 Deal
United Capital Plc has notified the Nigerian Exchange Limited (NGX) and the investing public of an insider share transaction involving…
Stock Futures Edge Higher After Wall Street Sell-Off as Treasury Yields Rebound
Stock futures pointed to a modest recovery on Friday after Wall Street suffered a sharp sell-off in the previous session,…
Tony Elumelu’s Seplat Investment Doubles to Over $1bn as Shares Surge
Tony Elumelu’s investment in Seplat Energy has surged past the $1bn mark, more than doubling in value less than a…
Nigerian Stock Market Loses N5.4tn in 8 Days as Sell-Off Spreads Across Major Sectors
The Nigerian stock market extended its losing streak on Thursday, August 20, as renewed selling pressure across major sectors wiped…
Nigerian stocks slide for 7th day, but market pullback looks healthy
Nigeria’s stock market extended its losing streak to seven consecutive sessions on Wednesday, with the total market value falling to…
NGX loses N5 trillion as pre-election anxiety, profit-taking trigger sell-off
Nigeria’s equities market has lost about N5 trillion in seven trading sessions, as pre-election concerns and aggressive profit-taking continue to…
NGX Extends Losses as Energy, Insurance Stocks Trigger N555.68bn Market Cap Drop
The Nigerian Exchange Limited (NGX) extended its losing streak on Wednesday as heavy profit-taking in energy and insurance stocks pushed…
Nigeria Slips to Third as South Korea Reclaims Global Stock Market Lead
Nigeria has dropped to third place in the global ranking of best-performing stock markets after holding the top position for…
NGX sheds N106bn as bearish sentiment persists
The Nigerian Exchange Limited (NGX) started the week on a cautious note as continued selling pressure pushed the equities market…
Five best-performing insurance stocks in 2026 amid recapitalization
Nigeria’s insurance sector is showing a striking split in performance in 2026, with a handful of stocks delivering impressive gains…
U.S. Stock Futures Slip as S&P 500 Rally Faces Fresh Test
U.S. stock futures edged lower on Monday as investors took a cautious approach following the S&P 500’s third straight weekly…
NGX Trading Volume Soars 127% to N176bn as Investors Rebalance Portfolios
Trading activity on the Nigerian Exchange Limited (NGX) jumped sharply in the week ended August 14, 2026, with investors exchanging…