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...

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...

10 Top Manufacturers in Nigeria Face N666bn Cost Challenge   The cost of sales for 10 manufacturing and consumer goods companies in Nigeria surged to N665.95bn in 2024, reflecting a 72.47 per cent increase from N386.16bn recorded in 2023. The company’s statement of profit or loss and other comprehensive...

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...

The Nigerian stock market wrapped up yesterday with a 37.65 percent return for the year, placing it among the three highest returns worldwide. 

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...