NGX

Business

Investors Dump Stocks as CGT Anxiety Wipes ₦1.8 Trillion from NGX in Four Days

THEWILL. -
November 07, (THEWILL) — Mounting fears over the planned enforcement of Capital Gains Tax (CGT) on share transactions have rattled the Nigerian equities market, triggering a sharp sell-off that has erased about ₦1.8 trillion in market value within just...
Business

Sanwo-Olu, NGX Group Champion Creative Economy Financing

Sam Diala, THEWILL -
October 31, (THEWILL) — Lagos State Governor, Babajide Sanwo-Olu, on Friday, October 31, performed the Closing Gong Ceremony at the Nigerian Exchange Group (NGX Group) in commemoration of Lagos Fashion Week, highlighting how Nigeria’s creative economy can leverage...
Business

Aliko Dangote To Sell 10% Stake In Refinery on NGX by 2026

Sam Diala, THEWILL -
October 23, (THEWILL) — The founder of Dangote Group, Alhaji Aliko Dangote has said that the Dangote Petroleum Refinery plans to sell 5 percent to 10 percent of its stake on the Nigerian Exchange (NGX) Limited within the next...
Business

Nigerian Equities Market Gains 1.50% As Capitalisation Hits N97.59tn

THEWILL -
October 22, (THEWILL) — The Nigerian equities market closed on a strong note on Wednesday, October 22, gaining 1.50 percent amid renewed investor confidence in select consumer goods, industrial, and real estate stocks. The All-Share Index rose from 151,456.91 points...
News

Project BLOOM Scales Up Impact with Second Outreach in Ajegunle, Lagos

THEWILL -
October 20, (THEWILL) — Nigerian Exchange Group Plc (NGX Group), in partnership with the Lagos State Ministry of Health and Health Emergency Initiative (HEI), has expanded its flagship community nutrition intervention, Project BLOOM (Bringing Life to Our Overlooked Minors),...
Business

NGX: Insurance, Energy Stocks Lead Broad Market Rally

THEWILL -
October 06, (THEWILL) — The Nigerian Exchange Limited (NGX) opened the week on a strong note as investors piled into energy and insurance stocks, lifting both the market capitalisation and the All-Share Index (ASI) by 0.84 per cent on...
Business

Wema Bank Share Capital Rises 66% With 14.1bn Shares Listing on NGX

Sam Diala, THEWILL -
October 05, (THEWILL) — The share capital of Wema Bank Plc  rose by a significant 66% with the listing of 14,143,244,747 additional ordinary shares on the Nigerian Exchange Limited (NGX) on Tuesday, September 30, 2025. The move follows the successful conclusion...
Business

Equities Market Slips As ASI Drops 0.40% on Sectoral Weakness

THEWILL -
September 23, (THEWILL) — The Nigerian Exchange (NGX) closed negative on Tuesday, September 23, as profit-taking in large-cap stocks dragged the benchmark index lower. The All-Share Index (ASI) shed 0.40% to 140,929.60 points from 141,498.22 points, while market capitalisation fell...
Business

NGX Opens Week Strong With N704bn Gain As LivingTrust, eTranzact Top Gainers’ Chart

THEWILL -
September 15, (THEWILL) — The Nigerian Exchange (NGX) began the week on a strong note, extending last week’s positive sentiment as investors showed buying interest across various sectors. At the close of trading on Monday, September 15, 2025, the market...
Business

26 Dormant Stocks Hold NGX ‘Hostage’ for Five Years 

THEWILL -
September 14, (THEWILL) — About 26 listed companies on the Nigerian Exchange (NGX) remained dormant for five consecutive years (2020- 2024), characterised by stagnant share prices, profit and dividend drought and adding little to boost the market capitalisation of...
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Latest News

BusinessOgochukwu Onwaeze, THEWILL -

Keyamo: Subsidy Removal Helped Unlock $500m For Lagos Airport Reconstruction

The Minister of Aviation and Aerospace Development Festus Keyamo, says the removal of the petrol subsidy helped the Federal Government increase investment in critical aviation infrastructure, with about $500 million mobilised for the reconstruction of the Lagos airport and other projects.
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