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NGX Gains Rises N390bn on Banking Sector Rally

NGX Gains Rises N390bn on Banking Sector Rally   The Nigerian equities market maintained its upward momentum on Wednesday as renewed demand for banking stocks offset profit-taking in select counters, keeping the Nigerian Exchange near historic highs despite a slowdown in trading activity. The benchmark NGX All-Share...

NGX Gains N961.75bn as Rally Extends to 5th Day

NGX Gains N961.75bn as Rally Extends to 5th Day   Nigeria’s equities market sustained its bullish momentum on Thursday, extending its winning streak to five consecutive trading sessions as renewed buying interest in banking, telecommunications and consumer goods stocks lifted investors’ wealth by N961.75bn. The benchmark Nigerian...

NGX Gains N5.55trn as Buying Spreads Across Sectors

NGX Gains N5.55trn as Buying Spreads Across Sectors   The Nigerian Exchange Limited (NGX) witnessed a historic surge in investor wealth on Wednesday as market capitalisation crossed the N152tn milestone, bolstered by an aggressive wave of bargain hunting and first-quarter earnings optimism. The market valuation climbed by...

NGX Sees N240bn Gain as Market Ends in Green

NGX Sees N240bn Gain as Market Ends in Green   The Nigerian Exchange (NGX) closed in positive territory on Thursday, adding N240bn to its market capitalisation despite a slowdown in trading volume, turnover, and deal numbers. At the close of the session, the All-Share Index rose by...

Foreign Investors Drive NGX Trades to Over N1trn

Foreign Investors Drive NGX Trades to Over N1trn   Foreign investors took the lead on the Nigerian Exchange Limited (NGX) in March 2025, accounting for 62.74 per cent of total equity transactions, as the market recorded a significant spike in trading activities. Data from the NGX’s latest...

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...