By Taiye Olayemi The Nigerian Exchange Group (NGX Group) says the anticipated Initial Public Offering (IPO) of Dangote Refinery and Petrochemicals is being positioned as an African investment opportunity. Chairman of NGX Group, Dr Umaru Kwairanga, disclosed this at the London Africa Summit on Friday, which focused on strengthening businessContinue Reading
By Taiye Olayemi The Nigerian equities market extended its rally on Monday, lifting market capitalisation above N160 trillion as investors recorded a combined gain of N3.162 trillion. Capitalisation climbed 2.01 per cent, rising from N157.094 trillion on Friday to N160.256 trillion, underscoring sustained demand across the exchange. The All ShareContinue Reading
By Taiye Olayemi The Nigerian equities market closed bullish on Thursday, leading to N3.266 trillion gains for investors. The positive performance was driven by continued demand for industrial, consumer, and energy stocks like: Seplat Energy, Unilever, CAP, FTN Cocoa Processors, UAC of Nigeria and 41 other stocks. Specifically, the marketContinue Reading
By Taiye Olayemi The Nigerian equities market closed the week on a positive note on Friday, as investors gained N392 billion. The rally was driven by improved corporate earnings for the 2025 financial year released by companies on the Nigerian Exchange Ltd. platform. The uptrend was also supported by gainsContinue 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
By Taiye Olayemi The Nigerian equities market closed bullish on Tuesday, leading to N578 billion gains for investors. This marks the 9th consecutive bullish session. Gains in stocks like: Aluminium Extrusion Industries, Austinlaz, Custodian Investment, First Holding Company, FTN Cocoa Processors and 24 others drove the market into positive terrain.Continue Reading
