Nigeria’s stock market lost N2.179 trillion on Thursday as investors scrambled to adjust to the new T+1 settlement rule. Sell-offs hit even strong stocks, pushing market cap down 1.41% to N152.266 trillion from N154.445 trillion. All-Share Index downed at 3,397.80 points, 1.41% to 237,404.92. YTD return now 52.56%.Market breadth...
stock market
Nigerian Exchange (NGX) rebounded on Monday as renewed buying interest in key stocks lifted investors’ wealth by ₦514.97 billion, reversing part of the losses recorded in recent sessions. At the close of trading, the market capitalisation rose by 0.33 per cent to ₦156.11 trillion, while the All-Share Index (ASI)...
Nigeria’s leading listed companies and capital market institutions were celebrated for outstanding performance, innovation, and contributions to economic growth at the 2026 Nairametrics Capital Market Awards. Industry leaders at the event also called for a renewed focus on responsible and inclusive wealth creation. The awards ceremony was held on...
Nigerian equities market closed the trading week on a bullish note upon resumption of trading after holidays on Friday. Sustained buying interest pushed the benchmark index higher despite selective profit-taking across major sectors. The Nigerian Exchange All-Share Index rose 0.26% to settle at 250,385.47 points, extending the market’s strong...
The Nigerian equities market ended Friday on a stronger note as renewed demand for large-cap stocks drove the All-Share Index up 0.22% to close at 249,712.37 points. According to data posted by Bizwatch Nigeria, the gain added ₦344.23 billion to market capitalisation, pushing total value to ₦160.08 trillion and...
Securities and Exchange Commission (SEC) has set June 1, 2026 as the date for Nigeria’s capital market to move to a T+1 settlement cycle for equities and commodities trades. The announcement, made in a notice dated May 18, outlines a framework for capital market operators and stakeholders to prepare...
The Nigerian equities market further experienced a significant downturn on Friday, with investors collectively losing N1.2 trillion by the close of trading. Data from the Nigerian Exchange Group explained that the slump was driven by notable declines in the share prices of several key stocks, including Zichis, FTN Cocoa,...
Nigerian equities market sustained its bullish momentum on Monday as investors gained N3.162 trillion, pushing the market capitalisation above N160 trillion for the first time. According to data from NGX as reported by NAN, Market capitalisation rose by 2.01 per cent to close at N160.256 trillion, compared with N157.094...
Nigerian Exchange (NGX) closed higher on Wednesday as performances from major stocks including Airtel Africa and Dangote Sugar, boosted the market capitalization by N628.5 billion.According to data from the NGX Daily Official List, the market capitalization rose to N155.78 trillion from N155.15 trillion recorded on Tuesday. The All-Share Index...
Nigerian equities market bounced back on Thursday, recovering earlier losses as investors gained about N233 billion following renewed demand for stocks across key sectors of the market. Investor sentiment improved largely due to increased buying interest in equities such as RT Briscoe, SCOA, Deap Capital Management, Veritas Kapital Assurance,...
stock market bounced back by 0.10 per cent on Tuesday, posting a gain of N94 billion for investors. This is after six consecutive sessions of bearish performance. The uptick was due to renewed investors interest in stocks like NCR Nigeria, Ikeja Hotel, Prestige Assurance, Eunisell Interlinked and 19 other...
Stock market opened the week lower on Monday, as market capitalisation fell by N1.173 trillion or 1.26 per cent. The decline was driven by profit-taking in major stocks, including Dangote Cement, Enamelware, Transcorp Power, AIICO Insurance and Guinea Insurance. Market capitalisation closed at N92.328 trillion, compared with the opening...
Nigeria witnessed cryptocurrency transactions worth over $50 billion between July 2023 and June 2024, according to the Securities and Exchange Commission (SEC). The SEC Director-General, Dr. Emomotimi Agama, disclosed this in a statement on Sunday, expressing concern that despite the massive flow of funds through digital assets, only a...
Nigerian stock market experienced a 0.49 percent decline on Thursday, resulting in a N438 billion loss for investors, driven by heavy selloffs in key equities. The market capitalization, which started at N89.372 trillion, fell to N88.934 trillion, while the All-Share Index dropped by 691.52 points, or 0.49 percent, closing...
Nigerian stock market kicked off the week on a positive note, with investors gaining N1.78 trillion in a single-day rally. This surge was driven by sustained buying interest in key stocks such as Lasaco Assurance, Royal Exchange, UPDC, UAC of Nigeria, and 43 other stocks. As a result, the...
Nigerian stock market has concluded the week on a positive note, with a significant gain of N948 billion. This impressive performance was driven by sustained buying interest in key stocks, including UAC of Nigeria, BUA Cement, Beta Glass, and Legend Internet Plc, among others. Market Capitalization Rises The market...
Nigerian stock market wrapped up the week on a high note, with investors gaining N793 billion on Friday. Market capitalization grew by N793 billion, a 0.94 percent rise, closing at N85.055 trillion, up from N84.262 trillion the previous day. The All-Share Index (ASI) also advanced by 1,252.93 points, or...
By JOY ADARA, Abuja – Nigerian stock market has recorded a significant gain of ₦152 billion, driven by increased investor interest in key stocks. The market’s bullish trend has extended the previous week’s four-day rally, with market capitalization rising to ₦83.393 trillion. The market capitalization opened at ₦83.241 trillion...
Nigerian stock market commenced the week on a bullish note, with investors’ gains totaling N340 billion. This upward trend follows the previous week’s five-day surge. Market capitalization jumped by 0.43% to N80.143 trillion, while the All-Share Index rose by 539.95 points to 126,689.54. Some stocks driving the market’s growth...
Nigerian stock market has recorded a significant gain of N1.077 trillion in a bullish week, driven by increased investor demand for banking stocks. The market capitalization rose by 1.37% to close at N79.803 trillion, while the All-Share Index (ASI) increased by 1,702.79 points or 1.37% to settle at 126,149.59....