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Tag: Nigerian Exchange Limited (NGX)

Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend

Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend   The President/ Chief Executive of the Dangote Group, Aliko Dangote, yesterday stated that the Group will soon list the Dangote Fertiliser Limited on the Nigerian Exchange (NGX), with the aim of revolutionising the capital market. He spoke...

Foreign Investment in NGX Jumps by 88% to N118.9bn

Foreign Investment in NGX Jumps by 88% to N118.9bn   Foreign portfolio investment on the Nigerian Exchange Limited (NGX) rose in May, climbing by 88.54 per cent to N118.91bn from N63.07bn recorded in April 2025. This is according to the latest Domestic and Foreign Portfolio Investment Report...

Blue-Chip Demand Drives N677bn Market Cap Increase

Blue-Chip Demand Drives N677bn Market Cap Increase   The Nigerian Exchange Limited (NGX) extended its bullish run on Thursday, as market capitalisation surged by N677bn to close at N74.4tn. This comes amid renewed buying interest in blue-chip stocks across key sectors, propelling the benchmark All-Share Index to...

NGX Loses N54bn as Bullish Trading Comes to a Halt

NGX Loses N54bn as Bullish Trading Comes to a Halt    The Nigerian Exchange Limited (NGX) lost N54bn in market capitalisation at the close of trading on Thursday, 29 May 2025, ending its recent bullish streak despite a positive breadth with 41 gainers against 24 losers. Market...

NGX Loses N274bn as Equities Decline 

NGX Loses N274bn as Equities Decline   The Nigerian Exchange Limited (NGX) recorded a negative outing on Thursday as equities lost N274bn in market value, driven by widespread sell-offs in mid- and large-cap stocks. At the close of trading, the benchmark All-Share Index of the Nigerian Exchange...

NGX Sees 91% Drop in Foreign Transactions to N63bn

NGX Sees 91% Drop in Foreign Transactions to N63bn   Foreign portfolio transactions on the Nigerian Exchange Limited (NGX) declined sharply by 90.99 per cent in April 2025, falling to N63.07bn from N699.89bn recorded in March, according to the latest Domestic and Foreign Portfolio Investment...