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Market Capitalization Drops to N65.8trn on NGX

Market Capitalization Drops to N65.8trn on NGX   The Nigerian Exchange Limited (NGX) recorded a decline in market capitalisation at the close of trading on Thursday, as the All-Share Index dropped marginally by 0.05 per cent. The total market capitalisation fell to N65.8tn, reflecting a weaker investor...

NGX Reverses Trend with N216bn March Gain

NGX Reverses Trend with N216bn March Gain   The Nigerian Exchange Limited (NGX) recorded its first gain in March as renewed investor interest drove the market capitalisation up by N216bn. Following the day’s gain, the total market capitalisation of the equity market now stands at N66.9tn. At the...

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...