By Taiye Olayemi Highcap Securities Ltd. has attributed the N4.92 trillion stock market loss recorded last week to investor repositioning ahead of the anticipated Dangote Refinery and Petrochemicals Initial Public Offering (IPO). The Vice-President of Highcap Securities, Mr David Adonri, disclosed this in an interview with the News Agency ofContinue Reading
By Taiye Olayemi The equities market gained N26.185 trillion in April, driven by improved crude oil outlook and strong corporate earnings that boosted investor sentiment. Market capitalisation rose from N129.809 trillion at the beginning of the month to N155.994 trillion, representing a 20.17 per cent increase, while the All-Share IndexContinue Reading
By Taiye Olayemi Dr Umaru Kwairanga, Chairman of the Nigerian Exchange Group (NGX Group), says the first trading day following the extension of market hours was smooth, with no operational hitches recorded. The News Agency of Nigeria (NAN) reports that the change in trading hours commenced on Monday, April 27.Continue Reading
By Taiye Olayemi The equities market recorded an impressive performance in 2025, with total market capitalisation rising by N36.62 trillion. This brought the market’s value to N99.4 trillion by the close of trading on Dec. 31, compared with N62.76 trillion at the end of 2024. Stock investors recorded a 51.19Continue Reading
