Browsing Tag
NGX
16 posts
Investors shed N1.3 trillion as Nigerian stock market rally cools
A surge of profit-taking wiped out N1.261 trillion from the Nigerian stock market last week, marking a sharp reversal after a strong monthly performance in July.
Nigerian Exchange suffers N1.005 trillion valuation drop
The Nigerian stock market recorded a massive N1.005 trillion loss on Thursday, continuing its downward trend as 44 stocks declined amid increased trading volume.
NGX experiences N648bn slump as previous gains vanish
The Nigerian stock market dropped on Wednesday, with investors shedding N648 billion in value, offsetting the gains observed in the previous session.
AVA Capital prepares for Nigerian Exchange entry to boost market presence
AVA Capital Plc is scheduled to join the Nigerian Exchange Limited this Friday through a Listing by Introduction, a strategic move aimed at elevating its corporate profile.
Nigerian Equities Decline by N76 Billion in Monday Trading Session
Investors saw a N76 billion reduction in market value on Monday as profit-taking triggered a decline in the Nigerian stock exchange.
Nigerian stock market gains N2.5 trillion as blue-chip stocks rally
Blue-chip stocks drove a N2.5 trillion increase in Nigerian market capitalisation last week, supported by strong institutional interest and positive corporate developments.
Femi Otedola Increases First HoldCo Stake to 21.96 Percent in N77.6 Billion Deal
Chairman Femi Otedola has expanded his interest in First HoldCo Plc to 21.96 percent after purchasing over 700 million additional shares.
Banking and Consumer Goods Sectors Drive Stock Market Growth
Renewed demand for banking and consumer goods stocks helped drive a weekly market rebound, with total capitalization rising to N157.057 trillion.
NGX Investors Lose N32 Billion Following Two-Day Rally
The Nigerian stock market retreated on Thursday, as investors lost N32 billion in capitalization despite a positive year-to-date performance.
Nigerian stock market shows promise for H2 2026 despite expert caution
Nigeria's stock market continues to lead globally in capital gains as it enters the second half of 2026, though analysts warn investors to prioritize company fundamentals amid potential election-related volatility.