President Bola Ahmed Tinubu has hailed the remarkable growth of Nigeria’s capital market as one of the strongest indicators of economic recovery under his administration.
Stock Market Loses N170bn as Mid-Cap Selloff Deepens
The Nigerian equities market retreated on Thursday as a wave of mild profit-taking in several mid-cap stocks dampened the recent rally, resulting in a total loss of N170bn for investors. This downward movement saw the market capitalisation...
NGX Market Cap Jumps by N3.2trn Amid Bullish Trading
Investors gained N3.26tn at the close of trading on Thursday as the Nigerian equities market extended its bullish run, driven by sustained buying interest in large-cap and consumer-linked stocks.
Market capitalisation, which represents the total value of...
NGX Gains N5.55trn as Buying Spreads Across Sectors
The Nigerian Exchange Limited (NGX) witnessed a historic surge in investor wealth on Wednesday as market capitalisation crossed the N152tn milestone, bolstered by an aggressive wave of bargain hunting and first-quarter earnings optimism.
The market valuation climbed by...
NGX Market Cap Increases by N1.66trn
The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at N134.772tn and advanced to N136.435tn, reflecting...
Equities Gain N649bn as Market Rebounds
The Nigerian stock market reversed the negative trend witnessed in the previous two trading sessions, recording a gain of N649bn on Thursday.
The All-Share Index rose by 1,010.22 points, representing an increase of 0.52 per cent to close at 196,908.76...
