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Nigerian Stock Market

Unilever, Learn Africa, Other Gains Add N19bn To Stock Market Valuation

April 15, 2025

After trading hours on Tuesday, 15 April, the Nigerian stock market capitalisation increased from N65.68 trillion reported on Monday, 14 April, to N65.70 trillion, indicating a gain of N19.10 billion. This followed

NGX stock market. Photo credit: TheCable

Business News·Markets·News

Equity Market Sees Renewed Optimism Amid Positive GDP Growth

August 27, 2024

Equity Market Responds to Positive GDP Growth Nigeria’s equity market opened the week on a high note as investors responded positively to the latest economic data released by the National Bureau of

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

Business News·Markets·News

Nigeria’s Equity Market Sees 0.35% Decrease Amidst Lukewarm Investor Sentiment

July 13, 2024

Weekly Performance Nigeria’s equity market experienced a decrease of 0.35 per cent in the trading week ending Friday, July 12. This decline resulted in investors losing approximately N140 billion. A market analyst,

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

Business News·Markets·News

Nigerian Equity Market Faces Pressure Amid Sell-Off, New Investment Opportunities

June 25, 2024

Market Decline as Trading Week Opens The Nigerian equity market experienced a downturn on Monday, with more investors on the sell-side. This negative trend caused a 0.09 percent dip, pulling the year-to-date

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·Markets·News

Nigerian Stock Market Gains N15.25trn In First 5 Months Of 2024

June 10, 2024

The Nigerian stock market has made gains in the first five months of 2024, with the overall market capitalisation increasing by N15.25 trillion. This increase brought the total market capitalisation to N56.172

NGX stock market. Photo credit: TheCable

Business News·Markets

ASI Appreciates By 1.31% As Dangote Cements Hits N10trn Market Cap

January 23, 2024

In a stunning surge, Dangote Cement continued its bullish streak, propelling beyond the N10 trillion market cap milestone, securing its place as the first Nigerian company to achieve such financial heights. The

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Business News·Markets

Nigerian Stock Market Sprints Into 2024 With Robust Double-Digit Gains, Marking Bullish Trend

January 15, 2024

In a compelling start to the year, the Nigerian Exchange Limited has sprinted ahead with year-to-date gains surging to an impressive 11.06%

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

Business News·Markets·News

Nigerian Stocks Surge By 6.54% In First Week Of 2024 Amidst Sustained Investor Confidence

January 6, 2024

Amidst a surge in trading activity and a marked uptick in market indices, the Nigerian Exchange Limited (NGX) closed the first week of 2024 on a positive trajectory. The All-Share index witnessed

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

Business News·Markets

FBNH, GTCO, FCMB Join NGX Banking Index As Market Caps Gain Over N13trn In 2023

January 3, 2024

Banking stocks such as FBN Holdings, Guaranty Trust Holding Company Plc, FCMB Group, and Stanbic IBTC Holdings Plc have been incorporated into the Banking Index of NGX

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

Business News·Markets

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

January 1, 2024

The Nigerian Exchange Limited (NGX) witnessed an upsurge in the equity market, delivering over N13 trillion in gains for investors in 2023. This exponential growth nearly tripled the previous year’s figures, marking

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

Business News·Markets

Nigerian Equities Market Surges with N409bn Gains In One Week

October 17, 2023

In a week marked by positive price movements in the industrial goods sector, the Nigerian Exchange Limited witnessed a surge in market capitalization, resulting in a substantial N409 billion gain for equities

NGX stock market. Photo credit: TheCable

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

October 16, 2023

Nigeria has catapulted itself to a global investment powerhouse by securing the third-highest returns worldwide. The latest data from The Nation’s Market Intelligence shows a renewed surge in Nigerian equities, thanks to

Business News·Markets

NGX Surges As NASCON, Wema, 22 Stocks Boost Market Capitalization By N141bn

October 6, 2023

The bulls took charge of the Nigerian Exchange Limited (NGX) equities sector, propelling it to significant gains on the back of NASCON Allied Industries Plc, Wema and a rally in 22 other

NSE stock market report

Business News·Markets

Over N4.09 billion Lost In Stock Market, Unity Bank Tops Losers’ List

June 23, 2023

Nigerian stock market capitalisation dipped by N4.09 billion on Friday, dropping from N32.24 trillion to N32.23 trillion. The All-Share Index slightly declined by 4.63 basis points to 59,206.63 ASI, from 59,211.26 ASI. Over 627.87 million

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Business News·Markets

Nigeria’s Stock Market Value Up By N51.81bn, UBA, GTCO Top Trade

June 20, 2023

On Tuesday, Nigeria’s stock market capitalisation ended trading at N32.18 trillion, surpassing Monday’s N32.13 trillion, as the bourse’s value grew by N51.81 billion. The All-Share Index appreciated by 95.17 basis points from

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Nigerian Stock Market Records N19.84bn Share Transactions, Equity Cap Falls

June 5, 2023

Nigerian bourse fell by N7.50 billion or 0.02 per cent in value to N30.38 trillion after Monday’s session, slightly from Friday’s N30.39 trillion market capitalisation. The All-Share Index depreciated by 13.79 basis points

Nigerian Stock Exchange 1 660x400 1

Business News·Markets

Transcorp, Ikeja Hotel, Others Earn N177.11bn In Nigerian Stock Market

April 25, 2023

On Tuesday, 25 April, the market capitalisation of the Nigerian bourse appreciated by 0.63 per cent, handing N177.11 billion to equity investors in Transcorp and others on the gainers’ list. The stock

stockexchange

Business News·Markets

Investors Gain Over N17.74 billion In TransCorp, IB, Other Shares

April 19, 2023

The market capitalisation of the Nigerian bourse rose to N27.87 trillion on Wednesday, 19 April 2023, with investors pocketing N17.74 billion. Prime Business Africa learnt that the equity capitalisation appreciated by 0.06

NSE stock market report

Business News·Markets

Nigerian Stock Investors Lose N621.99 billion In One Day

March 27, 2023

Nigerian Exchange Limited, the capital market authority, revealed that the equity capitalisation of the stock market lost N621.99 billion on Monday. It closed at N29.28 trillion market capitalisation, which is -2.08 per

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Redstar Express Leads Gainers, Glaxo Smith Tops Losers, As Stock Market Loses N36.57 billion

February 9, 2023

The equity capitalisation of the Nigerian stock market fell to N29.60 trillion on Thursday, 9 February 2023. It depreciated by -0.12 per cent from the N29.64 trillion recorded on Wednesday, losing N36.57 billion.

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Business News·Markets

Equity Investors Make N90 billion, As Stock Market Closes High

February 6, 2023

Nigerian stock exchange closed with N90 billion gain on Monday, 6 February 2023, as the market capitalisation increased from N29.52 trillion to N29.61 trillion. The All-Share Index gained 154.65 basis points on Monday to rise

NSE stock market report

Business News·Markets

Guinness, Ardova Shareholders Report Loss, As Seplat, NAHCO, Others Gain Big

February 1, 2023

About N142.16 billion was gained in the Nigerian stock market on Wednesday, 1, February 2023, after the bourse’s equity capitalisation rose from N28.99 trillion to N29.13 trillion. Similarly, the All-Share Index rose

Nigerian Stock Exchange 1 660x400 1

Business News·Markets

Geregu, Veritas, Other Shareholders Pocket N44.03 billion As Bourse Rises By 0.15%

January 31, 2023

Nigerian bourse rose by 0.15 per cent on Tuesday, 31, January 2023, adding N44.03 billion to the stock market capitalisation. It lifted the equity valuation up from N28.95 trillion to N28.99 trillion.

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

January 23, 2023

The market capitalisation of the Nigerian bourse rose by 0.11 per cent or N34.32 billion on Monday to close at N28.68 trillion, against the previous trading session’s N28.64 trillion. It followed the

stockexchange

Business News·Markets

Nigerian Stock Market Investors Pocket N154.29bn, As Thomas Wyatt, Others Record Gain

January 11, 2023

On Wednesday, the market capitalisation of the Nigerian stock exchange increased by 0.55 per cent or N154.29 billion to N28.17 trillion, from N28.02 trillion. The growth in market capitalisation followed the 283.27 basis

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Market Cap Gains N13.07 billion, First Bank Sterling Top Trades

December 22, 2022

At the end of trading on Thursday, the Nigerian stock market capitalisation increased by N13.07 billion from the N26.94 trillion it recorded on Wednesday to N26.96 trillion. This was driven by the

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

Business News·Markets

Investors Lost Over N24.80 billion In Stock Market, BUA Cement, Others Gain

December 13, 2022

Nigerian stock market lost N24.80 billion on Tuesday in its equity capitalisation, dragging it down to N26.60 trillion. The loss represents -0.09 per cent decline in the market capitalisation which had closed

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Stock Roundup: BUA Cement Investors Gain Big, As Geregu Shareholders Lose Investment

December 10, 2022

About 1.225 billion shares worth N15.243 billion exchanged investors’ hands in 15,317 deals this week. The total trading value was in contrast to upper week’s 839.978 million shares exchanged in 16,183 deals,

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business News·Markets

Shareholders Of Nigerian Breweries, Honeywell, Others Make N30 billion In Hours

December 7, 2022

The value of the Nigerian bourse grew by 0.12 per cent on Wednesday, adding about N30 billion to the market capitalisation. Due to the growth, the market capitalisation increased to N26.37 trillion from

Nigerian Stock Exchange 1 660x400 1

Business News·Markets

Investors At Wema Bank, UACN, Others Pocket N183.59 billion, As Bourse Rises

November 30, 2022

At the end of trading on Wednesday, investors pocket N183.59 billion as the market capitalisation appreciated by 0.71 per cent. The gain lifted the market capitalisation to N25.95 trillion from Tuesday’s N25.77 trillion.

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

Business News·Markets

Investors Record N61.81 billion Capital Market Loss; ‘Sell’ Pressure In Nigerian Breweries, Union Bank

On Tuesday, the market capitalisation closed at N25.77 trillion, depreciating from previous day’s N25.83 trillion. As a result, N61.81 billion capital market loss that took big chunk off the total investments held by shareholders in the Nigerian stock market . Similarly, the

November 29, 2022

NSE stock market report

Business News·Markets

Stock Market Loses N70 billion, Amid Sell-offs In Jaiz Bank, Others

Nigerian stock exchange closed negative on Monday, with the market capitalisation depreciating by -0.24 per cent. ‘Sell pressure’ depleted the market capitalisation by about N70 billion, knocking it down to N25.83 trillion from N25.90 trillion. This was on the back of the

November 28, 2022

Stock Exchange

Business News·Markets

Nigerian Stock Market’s Total Investment Value Rises By N517 billion

Following hours of trading, the total investment in the Nigerian stock market rose by N517 billion on Friday, representing 2.03 per cent growth in the market capitalisation. Data obtained from the Nigerian Exchange Limited (NGX) disclosed the 2.03 per cent lifted the market

November 25, 2022

Nigerian Stock Exchange 1 660x400 1

Business News·Markets

Stock Market Rises 0.59%, International Breweries, UACN, Other Investors Gain N145bn

Following trading on Tuesday, the market capitalisation gained N145.08 billion to hit N24.47 trillion – after the Nigerian stock exchange appreciated by 0.59 percent – rising from N24.23 trillion. The growth was fueled by the 266.37 basis points that the All-Share Index gained

November 22, 2022

Nigerian Equity Market Records First Gain This Week

Business News·Markets

Stock Investors Pocket N92.72bn Amid Gains In Nigerian Breweries, Cadbury, Others

Nigerian bourse appreciated by 0.38 percent on Monday, to close trading with N24.32 trillion market capitalisation. At the end of the previous trading session, the market capitalisation had settled at N24.23 trillion but gained N92.72 billion during trading today. The All-Share Index

November 21, 2022

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Investors Trade N8.66bn Stocks, As Union Bank, GTCO, Others Gain

Over 694.376 million shares worth N8.667 billion were traded on the exchange floor of the Nigerian stock market in 15,418 deals in the week ending November 18, 2022. The figure falls below 1.101 billion shares exchanged in 15,697 deals, worth N11.714 billion

November 19, 2022

NSE stock market report

Business News·Markets

NGX Gains N262.26 billion, As Market Cap Hits N24.23 trillion

The market capitalisation ended trading with N24.23 trillion, rising from N23.97 trillion, after the Nigerian bourse jumped 1.09 percent, representing N262.26 billion gain. This followed the All-Share Index that appreciated from 44,011.22 ASI to 44,492.73 ASI after gaining 481.51 basis points. Over

November 18, 2022

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

Business News·Markets

Transcorp, Access Top Trades, As Nigerian Stock Exchange Crashes

Nigerian stock market dipped by -0.08 percent on Thursday, dragging the market capitalisation down to N23.97 trillion, from Wednesday’s N23.99 trillion. The All-Share Index closed with 44,011.22 ASI, down from 44,046.94 ASI, after losing 35.72 basis points during trading. Investors traded N847.88

November 17, 2022

stockexchange 1

Business News·Markets

Chams Top Gainers, Japaul Gold Leads Losers, As Nigerian Stock Market Rebounds

The market capitalisation grew to N26.53 trillion on Wednesday, rising by 0.05%, from the N26.51 trillion the Nigerian stock market capitalisation ended Tuesday with. The All-Share Index rose to 49,171.7 ASI after appreciating by 10.25 basis points from the 49,161.45 ASI it ended

September 28, 2022

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

Business News·Markets

Nigerian Stock Market Loses Over N30 billion, As May & Baker, Unilever, Others Fall

Market capitalisation of the Nigerian bourse lost N30 billion on Tuesday, from the N26.54 trillion recorded on Monday, dwindling to N26.51 trillion. The loss was reflected in the All-Share Index that fell to 49,161.45 ASI from 49,218.35 ASI, losing 56.9 basis points. At the end of

September 27, 2022

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA marina house

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

NGX

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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