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Nigeria stock market

Over N444.98bn Wiped Off Nigerian Stock Market

On Wednesday, April 16, the market capitalisation of the Nigerian stock market lost N444.98 billion to settle at N65.25 trillion from N65.70 trillion recorded on Tuesday, April 15. This dragged the all-share index (ASI) down by 0.67 percent or 708.14 basis points,

April 16, 2025

Business·Markets

Abdul Samad Rabiu Outearns Aliko Dangote By N1.11trn In 2024

Nigerian billionaires, Abdul Samad Rabiu and Aliko Dangote, earned N6.72 trillion combined through the Nigerian stock market and dividends paid by their companies in 2024. Prime Business Africa’s analysis of their investments showed that Rabiu outearned his business rival by N1.11 trillion

April 15, 2025

Markets

Over N21.18bn Lost As Japaul Gold, Chams Drag Stock Market Down

The Nigerian stock market closed with a N21.18 billion loss on Monday, 14 April, after the all-share index (ASI) declined by 33.72 basis points. According to data obtained from the Nigerian Exchange Limited (NGX), the bourse’s capitalisation dwindled to N65.68 trillion from

April 15, 2025

Markets

Oil And Gas Investors Lose N702bn In Q1 As Demand For Shares Drop

At the end of the first quarter of 2025, oil and gas investors in the Nigerian stock market lost a whopping N702.50 billion following a decline in the demand for shares in four companies. Total Energies, Oando, Aradel Holdings, and MRS Oil

April 12, 2025

Markets

Nigerian Stock Market Loses N119.22 Billion as Ecobank, PZ Cussons Shares Plummet

The Nigerian stock market suffered a decline on Wednesday, April 9, as the market capitalization dropped to N65.47 trillion from N65.58 trillion the previous day. The all-share index (ASI) also depreciated by 189.73 basis points to 104,187, resulting in a 0.18% decline

April 9, 2025

Markets

Female Bank CEOs Score Big In Stock Market: Umeoji, Onyeali-Ikpe’s N294.97m Windfall

In a remarkable display of financial prowess, two female bank CEOs, Adaora Umeoji of Zenith Bank and Nneka Onyeali-Ikpe of Fidelity Bank, have collectively earned N294.97 million in the stock market over the past three months. As the only female CEOs with

April 9, 2025

Markets

Nigerian Stock Market Sees Marginal Gain As Sterling, Mutual Benefit Lead The Charge

The Nigerian stock market recorded a marginal gain on Tuesday, 8 April, with the All-Share Index (ASI) appreciating by 0.15% to close at 104,376.73. The market capitalization also increased to N65.58 trillion, driven by gains in key stocks such as Sterling Financial

April 8, 2025

Business·Markets

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

Africa’s richest man, Aliko Dangote, has suffered a significant loss of N310 billion in the Nigerian stock market in 2024, primarily due to declining share prices of Dangote Sugar and Nascon Allied. Despite this setback, Dangote’s cement business continues to thrive, with

April 8, 2025

Business·Markets

Over N658bn Lost In Stock Market As Oando, Honeywell Shares Decline

On Monday, April 7, the Nigerian stock market’s all-share index (ASI) declined by 1,295.02 basis points to close at 104,216.87 ASI from 105,511.89 ASI. This dragged the market capitalisation down by N658.22 billion from N66.14 trillion on Friday, April 4, to N65.48

April 8, 2025

Markets

Stock Market: Livestock Leads Gainers’ List, AXA Mansard Tops Losers

The stock market capitalisation depreciated slightly on Friday, 4 April 2025, to N66.14 trillion from N66.15 trillion reported the previous day. According to data obtained from the Nigerian Exchange Limited (NGX), the decline occurred as the all-share index (ASI) marginally dropped to

April 4, 2025

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Nigeria stock market

Over N444.98bn Wiped Off Nigerian Stock Market

Abdul Samad Rabiu Outearns Aliko Dangote By N1.11trn In 2024

Over N21.18bn Lost As Japaul Gold, Chams Drag Stock Market Down

Oil And Gas Investors Lose N702bn In Q1 As Demand For Shares Drop

Nigerian Stock Market Loses N119.22 Billion as Ecobank, PZ Cussons Shares Plummet

Female Bank CEOs Score Big In Stock Market: Umeoji, Onyeali-Ikpe’s N294.97m Windfall

Nigerian Stock Market Sees Marginal Gain As Sterling, Mutual Benefit Lead The Charge

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

Over N658bn Lost In Stock Market As Oando, Honeywell Shares Decline

Stock Market: Livestock Leads Gainers’ List, AXA Mansard Tops Losers

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