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Nigeria’s Economic Woes Drive Foreign Investors to Dump N455bn Worth of Stocks

Nigeria's Economic Woes Drive Foreign Investors to Dump N455bn Worth of Stocks   Foreign investors withdrew N455.62bn from the Nigerian stock market in 2024, significantly outpacing total inflows and reinforcing concerns about investor confidence despite the Central Bank of Nigeria’s efforts to stabilise the naira. Industry experts...

NGX Suffers N45.8bn Foreign Capital Outflow in January

NGX Suffers N45.8bn Foreign Capital Outflow in January   Foreign investors withdrew N45.85bn from the Nigerian stock market in January 2025, an outflow that significantly overshadowed the N25.66bn recorded as foreign inflows within the same period. The latest Nigerian Exchange Domestic and Foreign Portfolio Investment Report revealed...

Nigerian Stock Market Reverses Gains, Loses N26bn

Nigerian Stock Market Reverses Gains, Loses N26bn   The Nigerian stock market experienced a downturn on Thursday, as bearish sentiment returned, resulting in a N26 billion loss for investors. Consequently, the market capitalization of the Nigerian Exchange (NGX) declined to N67.7 trillion. The All-Share Index also...

Nigeria’s Consumer Goods Market Hits New High of N11.1bn

Nigeria's Consumer Goods Market Hits New High of N11.1bn   The Nigerian Exchange (NGX) has witnessed a significant milestone, with the consumer goods sector reaching a record total market capitalization of N11.1 billion. As of the latest trading data, the sector is experiencing increased performances across several of its...

Nigerian Stock Market Records N1.95trn Gain in January

Nigerian Stock Market Records N1.95trn Gain in January   Despite cautious trading sentiment among investors, the Nigerian stock market experienced a remarkable surge in January 2025, with its market capitalization increasing by a significant N1.95 trillion. This emerged as the Minister of Finance and Coordinating Minister of...

NGX Records N987bn Gain in Opening Session of the Week

NGX Records N987bn Gain in Opening Session of the Week   The Nigerian Exchange Limited (NGX) wrapped up its first trading day of the week with a market capitalization of N62.5 trillion. The session saw an impressive 641,117,293 shares change hands in 13,778 transactions. The value of...