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NGX Suffers N371bn Loss as Sell-Off Rocks Market

NGX Suffers N371bn Loss as Sell-Off Rocks Market   The Nigerian Exchange Limited (NGX) closed on a negative note on Thursday as sell pressure in key stocks dragged the benchmark index lower, leading to a loss of N371 billion in investors’ wealth. At the close of trading,...

NGX Surges by N308bn on Strong Blue-Chip Demand

NGX Surges by N308bn on Strong Blue-Chip Demand   The Nigerian Exchange Limited (NGX) extended its bullish run on Thursday, gaining N308bn in market capitalisation as sustained investor interest in blue-chip stocks lifted the overall performance of the market. At the close of trading, the market capitalisation...

NGX Surges by N479bn as Insurance and Consumer Goods Stocks Lead Rally

NGX Surges by N479bn as Insurance and Consumer Goods Stocks Lead Rally   The Nigerian Stock Exchange (NGX) recorded a market value gain of N479bn at the close of trading on Thursday, August 7, 2025. This impressive growth was driven largely by strong performances in the...

NGX Closes July in the Green, Records N12.62trn Gain

NGX Closes July in the Green, Records N12.62trn Gain   The Nigerian Exchange closed the month of July 2025 on a bullish note, recording a significant N12.62tn gain in market capitalisation. The All-Share Index appreciated by 0.42 per cent on the last trading day of the...

Stock Market Reverses Gain With N63bn Loss

Stock Market Reverses Gain With N63bn Loss   The Nigerian equity market ended the first trading day of the week on a downward note, reversing recent gains with an N63bn loss. At the close of trading on Monday, the Nigerian Stock Exchange recorded a decline in its...

Customer Deposits in Eight Banks Now N85trn

Customer Deposits in Eight Banks Now N85trn   Customer deposits in eight Deposit Money Banks reached N85.58tn in the third quarter of 2024, a 12.2 per cent increase from the N76.26tn recorded in the same period in 2023. This was disclosed in the Unaudited Interim Financial Statements...