Browsing Tag
Stock Market
23 posts
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.
July 20, 2026
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.
July 17, 2026
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.
July 16, 2026
Nigerian Equities Market Recovers with N720 Billion Gain
The Nigerian stock exchange saw a robust recovery on Tuesday, adding N720 billion in value as investors showed renewed interest across major sectors.
July 14, 2026
Crude prices climb following new US strikes as global stock markets gain ground
Oil prices rose further on Tuesday after US strikes against Iran intensified regional tensions, while global stock markets staged a cautious recovery.
July 14, 2026
SpaceX experiences a cooling market one month after record-breaking IPO
One month after its historic IPO, SpaceX shares are struggling to maintain momentum as investors reconcile high-flying expectations with the reality of the company's core business performance.
July 13, 2026
Nigerian Equities Market Recovers with N9.3 Trillion Gain
The Nigerian stock market bounced back last week, adding N9.3 trillion to investor value as shares in major companies like Dangote Cement and Airtel Africa surged.
July 13, 2026
SK Hynix Secures $26.5 Billion in Historic US Share Listing
South Korean chip manufacturer SK Hynix has completed a record-breaking $26.5bn US share listing, reflecting intense investor interest in the firm's role within the global artificial intelligence supply chain.
July 10, 2026
Honeywell Group Secures 14% Ownership in Ikeja Hotel
Honeywell Group Limited has purchased a 14.12 percent stake in Ikeja Hotel Plc through its affiliate, HGL Real Estate Limited.
July 2, 2026
Investors shed N2.4 trillion as Nigerian stock market experiences continued profit-taking
The Nigerian stock market recorded a second consecutive week of losses as investors withdrew N2.4 trillion following profit-taking activities across major sectors.
June 29, 2026