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Sell Off In Meyer, Champion Brew Reduce NGX Market Cap By N475bn

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, decreased by N475.62 billion to N123.76 trillion on Friday, February 27. According to the NGX, the market capitalisation dropped from the N124.23 trillion recorded on Thursday, February 26.

February 27, 2026

Business·Top Stories

Valuation Of Nigerian Stock Market Drops By Over N514bn

On Thursday, February 26, over N514.99 billion was wiped off the market capitalisation of the Nigerian Exchange (NGX), also known as the stock market. The market capitalisation fell to N124.23 trillion, from the N124.75 trillion recorded on Wednesday, February 25. This followed

February 26, 2026

Business·Top Stories

Ellah Lakes Shareholders Stuck With Shares Institutional Investors Don’t Want

Investors in the Nigerian Exchange (NGX), also known as the stock market, are snubbing Ellah Lakes’ shares — a situation that is affecting the investments of the palm oil company’s shareholders. In December 2025, the company launched a public offer, with plans

February 26, 2026

Business·Top Stories

Ellah Lakes Failing Where Presco, Okomu Oil Succeeded

In 2025, Ellah Lakes failed where its market rivals, Presco Plc and Okomu Oil Palm Plc, succeeded, leading to a decline in confidence of Nigerian Exchange (NGX) investors in the company’s growth prospects. Ellah Lakes had recorded a 642.72 percent increase in

February 23, 2026

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

Business·Top Stories

Deap Capital Leads NGX Gainers’ List, Tripple Gee Tops Losers’ Table

The top gainers’ list was led by Deap Capital, and Tripple Gee topped the losers’ table on Thursday, February 19, as the Nigerian Exchange (NGX) gained N1.69 trillion. NGX said the market capitalisation increased to N123,93 trillion, from the N122.23 trillion recorded

February 19, 2026

Business·Top Stories

Rush For Palm Oil Stocks Creates New Trillion-naira Firms, Bumper Gains

The palm oil sector recorded a historical period in 2025, as the rush for the few producers on the Nigerian Exchange (NGX), also known as the stock market, birthed two trillion-naira companies in the bourse and added N1.23 trillion to shareholders’ wealth

February 16, 2026

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Top Stories

Femi Otedola’s Investment In First HoldCo Now N362.48bn

Femi Otedola, the chairman of First HoldCo, has increased his stake in the financial institution by 6.32 percent, from 11.8 percent held at the end of 2024 to 18.12 percent as of December 31, 2025. In the company’s unaudited consolidated and separate

February 2, 2026

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·Top Stories

NGX Market Cap Grows By N125.64bn

Over N125.64 billion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Tuesday, January 27, as the market capitalisation closed at N106.08 trillion. The market valuation of the NGX had closed trading at N105.96 trillion on Monday,

January 27, 2026

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business·Top Stories

Cement Companies With Highest Valuation In Nigeria In 2025

The valuation of the cement companies on the Nigerian Exchange (NGX), also known as the stock market, increased by 49.67 percent or N6.13 trillion between January and December 2025. According to Prime Business Africa’s analysis, the market valuation of the cement companies

January 27, 2026

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Business·Top Stories

Tony Elumelu’s Influence: Seplat’s Share Hits Highest Price In Company’s History

Since Tony Elumelu, the chairman of United Bank for Africa (UBA), acquired 120,4 million shares in Seplat, the company’s shareholders have recorded a 15.33 percent increase in their investment value. Elumelu had acquired the shares, which represent a 20.06 percent majority stake

January 23, 2026

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Sell Off In Meyer, Champion Brew Reduce NGX Market Cap By N475bn

Valuation Of Nigerian Stock Market Drops By Over N514bn

Ellah Lakes Shareholders Stuck With Shares Institutional Investors Don’t Want

Ellah Lakes Failing Where Presco, Okomu Oil Succeeded

Deap Capital Leads NGX Gainers’ List, Tripple Gee Tops Losers’ Table

Rush For Palm Oil Stocks Creates New Trillion-naira Firms, Bumper Gains

Femi Otedola’s Investment In First HoldCo Now N362.48bn

NGX Market Cap Grows By N125.64bn

Cement Companies With Highest Valuation In Nigeria In 2025

Tony Elumelu’s Influence: Seplat’s Share Hits Highest Price In Company’s History

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