The Nigerian Exchange Limited (NGX) closed Friday’s trading session higher, with market capitalisation rising by N209 billion, while the benchmark All-Share Index (ASI) gained 321.05 points despite more stocks recording losses than gains.
The Nigerian Exchange Limited (NGX) closed Thursday’s trading session on a bearish note, with market capitalisation declining by N1.334 trillion from N162.385 trillion at the opening to N161.051 trillion at the close.
The Chief Executive Officer of Nigerian Exchange Limited, Jude Chiemeka, has been elected President of the African Securities Exchanges Association, effective September 30, 2026.
Market capitalisation opened at N162.495 trillion but closed at N162.385 trillion, while the ASI declined from an opening level of 250,273.50 to 250,096.75 points.
The Nigerian Exchange Limited (NGX) opened the week on a mildly bearish note on Monday, as selling pressure across several equities dragged the benchmark index and market capitalisation lower.
On September 10, Seplat Energy’s shares rose by the maximum daily limit of 10 per cent, helping the NGX recover from two consecutive sessions of losses. The rally was significant enough to help lift the wider market and restore about N100.5 billion to investors’ wealth.
A total of 3.166 billion shares valued at N155.023 billion exchanged hands across the NGX during the week, representing a decline from the 4.689 billion shares worth N240.824 billion recorded in the previous week.
The Nigerian Exchange Group and the Nairobi Securities Exchange have stepped up efforts to deepen cross-border capital-market cooperation, with stakeholders from both markets exploring ways to improve connections between African exchanges.
The National Drug Law Enforcement Agency (NDLEA) has arrested a 34-year-old South African woman, Qhina Beauty, with 36.65 kilograms of cocaine at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos, as the agency intensified its crackdown on international and domestic drug trafficking networks.