Tag: Nigeria stock market

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...

Nigeria stock market rallies as investors trade 7.77 billion shares worth N374bn

Business Damilola Bayonle -
Nigeria stock market recorded one of its strongest trading weeks of 2026 as aggressive investor demand pushed total transactions...

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...

Bears dominate as NGX market value drops N1.40tn, turnover slumps across key sectors

Business Damilola Bayonle -
Bears dominate as NGX market value drops N1.40tn amid broad sell-off The Nigerian equities market ended February on a cautious...

NGX rallies as investors gain ₦257bn in powerful market comeback

Business Damilola Bayonle -
Nigeria’s equities market opened the new trading week on a bullish note, as the Nigerian Exchange (NGX) recorded fresh...

How foreign investors return to Nigeria stocks after bold FX reset sparks market revival

Business Damilola Bayonle -
Foreign investors return to Nigeria stocks as FX reforms boost confidence Nigeria’s capital market has recorded a major milestone as...

Capital market turnover tops N10 trillion amid investor confidence

Business Damilola Bayonle -
The Nigerian capital market has reached an unprecedented milestone, with total capital market turnover surging to N10 trillion, reflecting...

Nigeria’s stock market dip opens fresh re-entry opportunities after Trump’s effect

Business Damilola Bayonle -
After a volatile week on the trading floor, Nigeria’s stock market has hit a new low, opening re-entry opportunities...

Two Top Nigerian Firms Dropped from NGX30 Index

Business Damilola Bayonle -
Two prominent Nigerian blue-chip companies, Julius Berger Plc and Conoil Plc, have been removed from the Nigerian Exchange Limited...

Investors Gain N13.2 Trillion in Six Months Amid Market Rally

Business Damilola Bayonle -
The Nigerian stock market witnessed a historic rally in the first half of 2025, recording an impressive gain of...

Stanbic IBTC Records 121.97% Oversubscription in Rights Issue

Business Damilola Bayonle -
Stanbic IBTC Holdings Plc has announced the successful completion of its Rights Issue of 2.94 billion ordinary shares, which...

Dividend Season Boosts Stock Market by N437bn

Damilola Bayonle -
The Nigerian stock market experienced a significant boost, gaining N437 billion in market capitalization, following the declaration of dividends...