Nigerian Stock Market Surges by N704bn   The Nigerian equity market gained N704bn in six days, pushing the market capitalisation above N60tn. At Monday’s close, investors gained N330bn, and market capitalisation hit N60.6tn, with 740.89 million shares worth N16.88bn traded in 10,430 deals. This represented a 39...

Equity Market Begins Week With N79bn Gain   The Nigerian equity market opened the new week with a N79bn gain, driven by appreciation recorded by 32 stocks. At the close of trading on Monday, the market capitalisation was up by 0.14 per cent to N56.5tn and the...

In Six Days, Equity Market Loses N1.6trn The Nigerian Stock Exchange extended its bearish trend to the sixth consecutive trading session, losing N1.6tn during this period. The All Share Index fell by 1.36 per cent, closing at 95,781.68 points, down from the previous close of 97,100.31...

NGX Loses N93bn as Global Equity Market Declines   The Nigerian equity market shed N93bn on Monday, mirroring the broader global market decline. The All-Share Index and market capitalisation fell by 0.17 per cent to 97,582.41 points and N55.40tn. The day’s trading saw 9,738 transactions totalling N6.217bn, with...

In 8 Months of Tinubu Administration, Nigeria’s Stock Market Leads the World, by Bayo Onanuga   The Nigerian economy is looking good in some sectors. This is not a harebrained assessment, despite the high inflation and the unstable exchange rate of the Naira. Those who doubt...

Dangote Refinery: Investors Gain N1.2trn This Week   Equity investors in the stocks of companies under the Dangote Group have gained over 1.2tn during the first two trading sessions of this week. This marked increased appetite in the stocks of the companies listed on the Nigerian Exchange...