By Taiye Olayemi The Nigerian equities market on Tuesday halted its three-day bullish rally as investors lost N1.879 trillion, following increased sell-offs ahead of the Dangote Petroleum Refinery IPO. Mr Aruna Kebira, Managing Director, Globalview Capital Ltd., attributed the market downturn to investors repositioning their portfolios ahead of theContinue Reading
By Taiye Olayemi The equities market sustained its upward momentum on Friday, closing the week on a strong note as investors gained N405 billion. Price appreciation in companies such as: Abbey Mortgage Bank, Royal Exchange, Nigerian Breweries, John Holt and Daar Communications as well as 24 other stocks helped pushContinue Reading
By Taiye Olayemi The Nigerian equities market closed the month of August on a bearish note, shedding N587 billion in market capitalisation. This is due to weak investor participation and disruptions associated with the transition to a new settlement structure. The market capitalisation, which opened the month at N158.326 trillion,Continue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N1.91 trillion, representing a 1.20 per cent gain on Monday. This marked the fourth consecutive bullish rally. The uptrend was driven by increased interest in high capitalised equities such as:Continue Reading
By Taiye Olayemi The Nigerian equities market rebounded strongly in July, with investors gaining N11.109 trillion as renewed interest in banking stocks lifted the market after the N13.3 trillion loss recorded in June. The rally was driven largely by sustained buying in banking stocks, led by First HoldCo Plc, amidContinue Reading
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
