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Recapitalisation Drives NGX Revenue to N24bn

The Nigerian Exchange Group Plc recorded a boost in revenue to N24bn in the 2024 financial year, driven primarily by the recapitalisation of Nigerian banks and major listings on the exchange, according to a recent research report by CardinalStone.

Investors Gain N203bn as Stocks Extend Rally

Investors Gain N203bn as Stocks Extend Rally The Nigerian Exchange extended its bullish momentum on Tuesday as investors gained N203bn, pushing the market capitalisation to N89.7tn at the close of trading. The benchmark All-Share Index rose by 321.59 points, or 0.23 per cent, to settle at...

Equities Plunge N358bn as NGX Bearish Trend Persists

Equities Plunge N358bn as NGX Bearish Trend Persists   The Nigerian Exchange Limited (NGX) sustained its bearish momentum on Thursday as profit-taking and sell-offs in several large- and mid-cap stocks wiped out about N358bn from the market capitalisation. At the close of trading, the NGX’s market value...

Investors Gain N111bn as Insurance Equities Surge

Investors Gain N111bn as Insurance Equities Surge The Nigerian equities market recorded a gain of N111bn on Tuesday, buoyed mainly by performances in the insurance sector. The Nigerian Exchange All-Share Index inched up by 175.10 points, or 0.12 per cent, closing at 146,055.87. This marked a...

Investors Gain as NGX Trading Jumps by N640bn 

Investors Gain as NGX Trading Jumps by N640bn  The Nigerian Exchange Limited investors gained N643bn on Wednesday, as bullish sentiment returned to the market following a positive performance across major sectors. The market capitalisation of listed equities rose from N91.61tn on Tuesday to N92.25tn at the...

Investors Gain N396bn in Market Capitalisation

Investors Gain N396bn in Market Capitalisation The Nigerian stock market extended its bullish trend on Tuesday, recording a gain of N396bn in market capitalisation amid renewed investor interest across key sectors. The All-Share Index of the Nigerian Exchange Limited rose by 0.71 per cent to close...