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Nigeria stock market - Page 2

Over N444.98bn Wiped Off Nigerian Stock Market

April 16, 2025

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

Business News·Markets

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

April 15, 2025

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

Markets

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

April 15, 2025

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

Markets

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

April 12, 2025

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

Markets

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

April 9, 2025

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

Markets

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

April 9, 2025

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

Markets

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

April 8, 2025

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,

Business News·Markets

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

April 8, 2025

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.

Business News·Markets

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

April 8, 2025

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

Markets

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

April 4, 2025

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

Markets

Total Energies’ Shareholders Lose N6.21bn Due To Decline In Investor Confidence

April 4, 2025

After failing to meet its projections in 2024, stock market investors’ confidence in Total Energies, an oil and gas company, dropped in the first quarter of 2025. The lack of interest among

Markets

PZ Cussons, UAC Among Losers List As Stock Market Capitalisation Settles At N66trn

April 3, 2025

Over 397.11 million shares, worth N8.74 billion, were traded in 13,667 deals in the Nigerian stock market on Thursday, 3 April 2025. At the end of trading, the all-share index (ASI) closed

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business News·Markets·News

Investors Lose N208bn As Key Index Declines On Equity Market

November 28, 2024

Trading Dip Signals Volatility in Nigerian Equity Market Investors in the Nigerian equity market experienced significant losses on Wednesday as the market capitalisation dropped by N208 billion. This decline followed a dip

Business News·Markets·News

Nigeria’s Equity Market Rises By 0.20% As Investors Anticipate Treasury Bills Auction

October 23, 2024

Equity Market Continues Upward Trend Nigeria’s equity market showed resilience on Tuesday, rising by 0.20% ahead of the Central Bank of Nigeria’s (CBN) Treasury Bills (T-Bills) auction scheduled for Wednesday, October 23.

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business News·Markets

Zenith, UBA Shares Top Trading At Nigeria’s Stock Market As ASI Dips By 0.17%

August 6, 2024

After closing trading on Friday, 2nd August, on a positive note, the Nigerian stock market opened the new week on red. The Nigerian Exchange Limited (NGX) All-Share Index and equities market capitalisation

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business News·Finance & Economy·Markets

Nigeria’s Equity Market Closes Week On Positive Note Despite Protests

August 3, 2024

The Nigeria’s equity market on Friday, August 2, defied the nationwide protest against bad governance, and ended the week on a positive note, gaining by 0.40 per cent. This is the first

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business News·Markets

Nigeria’s Equity Market Opens New Month With Decline Amid Protest

August 2, 2024

The Nigeria’s equity market entered the new month of August on a note of decline. Data obtained from the Nigerian Exchange Group’s website shows that the market decreased by 0.42 per cent

Business News·Markets·News

Nigeria Stock Market Sees Modest Gains Amid Light Trading

June 28, 2024

Market Records Positive Session Nigeria’s stock market experienced a modest gain in a session marked by lighter trading. The market rose by 0.01 per cent, equivalent to a N6 billion increase, driven

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business News·Markets

NGX Sustains Positive Trend, Gains N329bn As ASI Rises By 0.58%

February 16, 2024

Nigerian exchange continued its upward trajectory for the second consecutive day, witnessing a notable gain of N329 billion.

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Business News·Markets

NGX: Access Holdings Shares Rebound By 1.29% After Wigwe’s Passing Defying 6.2% Loss On Monday

February 15, 2024

Access Holdings’ shares bounced back into positive territory, defying a Monday's 6.26% dip attributed to the untimely demise of Herbert Wigwe, the former Group CEO.

Business News·Markets

NGX Bounces Back As Equity Market Gains N101bn Despite Tragic Loss Of Access Holdings

February 13, 2024

the Nigerian Stock Exchange (NSE) rebounded from last week's downturn, surging by N101 billion in Monday's trading session.

Business News·Markets

Market Cap Suffers N849bn Loss As Key Players Dip

February 7, 2024

The Nigerian Exchange witnessed a downturn on Tuesday, with losses recorded across major players including BUA Cement, Sterling Financial Holding Company, Consolidated Hallmark Holdings, UPDC, and The Initiates. The market saw a

Business News·Markets

Equity Investors Lose N437bn As ASI Closes At 103,649 Points

February 6, 2024

Equity investors navigated a challenging Monday, witnessing a loss of N437bn due to sell-offs in select stocks. The All-Share Index and market capitalization at the Nigerian Exchange reflected the downturn, closing at

Business News·Markets

NGX: Equity Market Earns Weekly 1trn Gain

February 5, 2024

In a week that saw financial markets oscillate, Nigeria’s trading landscape concluded on a triumphant note as investors celebrated a collective gain of N1.12tn. Despite grappling with two days of bearish trends

Business News·Markets

NGX: GTCO, CHAMS, Others Lead Gainers As ASI Bounces Back With 1.63% Gain

February 1, 2024

NGX witnessed a bullish resurgence today, marking a departure from the bearish trend earlier in the week. Banking stocks took the lead in this spirited rally, propelling the All-Share Index to a

Nigerian Stock Market Opens 2024 On A High Note As Investors Gain N666bn

Business News·Markets

How Equity Market Gains N4trn as Investors Position For Earning Season

January 29, 2024

In a surge, the Nigerian Equity market witnessed a gain of N4.3tn as investors strategically positioned themselves for the impending earnings season.

Business News·Markets

Insurance Firms, Seplat Drive NGX To N317bn Gain As ASI Continues Bullish Run

January 26, 2024

Insurance firms, Seplat Energy, JapaulGold, and May& Baker Plc spearheaded a remarkable surge, propelling the Nigerian Exchange (NGX) to a significant N317bn gain, marking the 12th consecutive day of bullish momentum.

Business News·Markets

NGX Surges To Record Highs, As Market Cap Hits N55.58trn

January 24, 2024

In a display of bullish strength, the Nigerian Stock Exchange (NGX) witnessed a surge today, propelling the All-Share Index to 101,571.11 points, marking a 3% increase. This surge added a 2,954.14 points

Business News·Markets

NGX: Dangote Cement Becomes First Nigerian Company To Surpass N10trn Market Cap Milestone

January 23, 2024

Dangote Cement Plc has become the first Nigerian company to achieve a market capitalization exceeding N10 trillion, as its shares surged by 9.99% today, closing at N592.60. The company’s stellar performance in

Business News·Markets

NGX’s Market Surge: Analysts Warn Of Possible Pullback Amid N6.29trn Gain

January 22, 2024

Analysts have warned about a possible pullback as the NGX's market capitalization soars by N6.29 trillion, recording a 13.84% week-on-week gain.

NGX stock market. Photo credit: TheCable

Business News·Markets

Bearish Trends Persist In Post-Christmas Trading As ASI Dip By 0.34%

The first trading day post-Christmas saw the Nigerian Stock Exchange All-Share Index dip by 0.34%, closing at 73,768.64 points, marking a bearish start after the festive break. According to market analysis, the NSE market experienced a decline, shedding N143 billion in market

December 28, 2023

Business News·Markets

NGX: Market Hits 74,000 Mark As ASI Appreciates By 1.28%

NGX soared past the monumental 74,000 mark, showcasing 1.21% surge in the All-Share Index, closing at 74,289.02 points.

December 22, 2023

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business News·Markets

ASI Increases By 0.22%, Equity Gains N75bn As NGX Closes Week Positively

NGX) wrapped up the week on a high note. The All-Share Index (ASI) witnessed a 0.22% increase, closing at 70,196.73 points, leaving traders and investors with smiles on their faces.

November 4, 2023

Business News·Markets

CHAMS, FBNH, Others Top Losers As Market Capitalization Drops To N38trn

The bullish run of the NGX took a hit on Thursday, with the All-Share Index falling by 0.76% to close at 70,042.28 points.

November 3, 2023

Business News·Markets·News

Nigerian Stock Market Surges By 4.3% To Close October Amid Economic Uncertainties

Equities trading on the Nigerian Exchange Limited (NGX) defied economic headwinds to close the month of October on a high note.

November 1, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business News·Markets

Equity Surges By N536bn In Nigeria’s Capital Market With 1.45% ASI Gain

In the begining of the week, the Nigerian stock market witnessed a surge as the All-Share Index (ASI) soared by 1.45%. Closing at a commanding 68,111.71 index points, it marked an uptick

October 31, 2023

Business News·Markets

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

Equities at the Nigerian Exchange Limited (NGX) kicked off yesterday with a twist as market capitalization dipped by N22 billion, with a slump in the shares of VFG Group and 20 other stocks creating waves of uncertainty among investors. The All-Share Index

October 24, 2023

Business News·Markets

Thomas Wyatt, Omatek, Others Among Top Gainers As ASI Drops 0.27%

Despite the broader market’s 0.27% decline on Friday, certain stocks stood out with gains. The NGX All-Share Index closed at 66,915.41 points, representing a slight dip from the previous day’s 67,098.81 points. Market capitalization mirrored this decline, closing at N36.76 trillion as

October 21, 2023

Over N97.57bn Lost To Selloffs In UAC Nigeria, Champion Brew

Business News·Markets

Julius Berger, Oando, Stanbic IBTC Among Top Gainers As Indices Rise By N158bn

Nigerian Exchange Limited (NGX) witnessed an uptick in its equities sector as companies such as Julius Berger, Oando, and Stanbic IBTC have emerged as the frontrunners in a surge, propelling the stock indices to rise to N158 billion.

October 18, 2023

Business News·Markets

Oando, Omatek Top Losers In N90bn Market Capitalization Drop

Nigerian Exchange Limited (NGX) experienced a rocky start as it reopened for transactions on Monday, with the market capitalization plummeting by N90 billion.

October 17, 2023

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