Tag: NGX

Nigeria stock market loses N73bn ahead of Democracy Day despite Tinubu’s economic reform push

Business Damilola Bayonle -
Investors lost N73 billion on the Nigerian Exchange (NGX) on Thursday as the stock market closed lower ahead of...

Nigerian stocks slip as Mid-Cap selloff erases N170bn from market value

Business Damilola Bayonle -
Nigerian stocks retreat after recent record-breaking rally Nigerian equities closed lower on Thursday as investors locked in profits across several...

Nigerian stocks hit record high as institutional buying lifts NGX rally

Business Damilola Bayonle -
Nigerian stocks reach fresh record high on strong institutional demand Nigerian equities extended their historic rally on Wednesday as sustained...

NGX market capitalisation hits N131.6tn after N443bn surge—but rally may not last

Business Damilola Bayonle -
Market capitalisation gains N443bn in one day, hits N131.6tn—but analysts warn rally may not last Nigeria’s stock market delivered a...

Nigeria Rejoins Frontier Markets as NGX Rally Attracts Global Investors

Business Damilola Bayonle -
Nigeria’s capital market has recorded a major milestone as global index provider FTSE Russell officially restored the country’s status...

NGX Weekly Turnover Declines Despite Market Rally as Banking Stocks Drive Investor Momentum

Business Damilola Bayonle -
Trading activity on the Nigerian Exchange Limited (NGX) recorded a notable slowdown last week, as market turnover dropped sharply...

Banking rally lifts stocks market as Q2 begins with N599bn gain on NGX

Business Damilola Bayonle -
Nigeria’s equities market commenced the second quarter of 2026 on a bullish trajectory, buoyed by renewed investor interest in...

Nigerian stock market turns mixed as investors bet on large-cap stocks amid caution

Business Damilola Bayonle -
Nigeria’s equities market is entering a cautious phase, with analysts projecting a mixed trading outlook as investors recalibrate positions...

NGX sheds N476bn as banking stocks trigger market dip, investors turn cautious

Business Damilola Bayonle -
Nigeria’s equities market faced renewed downward pressure on Wednesday, reversing recent gains as sustained sell-offs in banking stocks dragged...

Stock market loss deepens as investors lose N1.38tn despite positive market breadth

Business Damilola Bayonle -
Nigeria’s equities market began the trading week under pressure, reflecting a wave of profit-taking by investors following recent gains,...

Nigeria’s stock market surges 30% in Q1, ranks among best performing global exchanges

Business Damilola Bayonle -
Nigeria dominates global exchanges with 30% growth in first quarter Nigeria’s equities market has emerged as one of the world’s...

NGX records massive trading surge as investors move billions into ICT stocks in just three days

Business Damilola Bayonle -
NGX trading surge: Investors trade 8.7bn shares in three days amid bullish momentum Nigeria’s equities market witnessed a remarkable burst...