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NGX Gets German Backing for Climate Finance Push

The Nigerian Exchange Group (NGX Group) has secured a multi-billion-naira funding facility from Germany's DEG Impulse gGmbH to launch its flagship climate initiative—the NGX...

Foreign Deals Jump to N118.9bn on NGX

Foreign portfolio investments on the Nigerian Exchange Limited (NGX) surged by 88.54% to N118.9 billion in May 2025, reflecting renewed international confidence in the...

GTCO Plans $100m Capital Raise via London Stock Exchange Listing

Guaranty Trust Holding Company Plc (GTCO) is set to raise approximately $100 million through a fully marketed equity offering on the London Stock Exchange...

Two Top Nigerian Firms Dropped from NGX30 Index

Two prominent Nigerian blue-chip companies, Julius Berger Plc and Conoil Plc, have been removed from the Nigerian Exchange Limited (NGX) 30 Index after the...

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

The Nigerian stock market witnessed a historic rally in the first half of 2025, recording an impressive gain of N13.2 trillion in market capitalisation—fuelled...

Foreign Investment Jumps 88% to N118.9bn on NGX

Foreign portfolio investment (FPI) on the Nigerian Exchange Limited (NGX) surged significantly in May 2025, reaching N118.91bn, an 88.54% rise from the N63.07bn recorded...

Stock Market Dips by 0.53% Following Public Holiday Trading Resumption

The Nigerian equities market returned to trading on a bearish note on Tuesday, June 11, 2025, after a two-day break for the Eid-el-Kabir holiday,...

Regulatory Body Approves Dangote Petrochemicals’ Listing Plans

In a major move poised to reshape Nigeria’s capital market, Dangote Petrochemicals, a subsidiary of the sprawling Dangote Refinery and Petrochemicals group, has secured...

Tony Elumelu Deepens Control in UBA with N43.9bn Share Purchase

The Chairman of the United Bank for Africa (UBA) Plc, Tony Elumelu, has significantly boosted his equity stake in the bank with the acquisition...

NGX Market Cap Jumps 347.5% Since 2008 Meltdown

Sixteen years after the devastating 2008 global financial crisis that rattled the Nigerian capital market, the Nigerian Exchange (NGX) has staged an extraordinary comeback....

NGX Market Capitalisation Rises by N187bn as Bullish Trend Persists

The Nigerian stock market extended its bullish streak on Wednesday, May 28, 2025, as investors sustained their positive sentiment across the trading floor of...

Stock Market Dips as CBN Holds MPR at 27.5%

Investor sentiment at the Nigerian stock market turned bearish last week following the Central Bank of Nigeria’s (CBN) decision to retain the Monetary Policy...

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