NGX

The ASI opened at 247,699.78 points but fell 2,897.67 points to close at 244,802.11. Similarly, market capitalisation declined by N1.879 trillion, from N160.600 trillion at the opening to N158.721 trillion at the close.

SAM DIALA x-rays Nigeria’s reclassification to a frontier market status by FTSE Russell and argues that the feat does not translate to productive economic transformation.

The ASI opened at 246,388.22 points and closed at 246,992.44 points, representing a 0.25 percent gain.

The assessment is designed to establish where each company currently stands on climate readiness and identify the gaps that need to be addressed before firms can set credible targets and implement transition plans.

The development was contained in FTSE Russell’s September Index Review, following the index provider’s decision to restore Nigeria’s market classification after three years as an “Unclassified Market”.

The ASI opened at 246,019.17 points and advanced to 246,388.22 points at the close, representing a gain of 369.05 points.

The Nigerian Exchange closed Wednesday’s session marginally lower, with the All-Share Index declining 63.46 points from 246,082.63 at the open to 246,019.17 at the close.

The NGX All-Share Index opened at 244,199.39 points and rose by 1,883.24 points to close at 246,082.63 points, representing a 0.77 percent increase.

The company disclosed the performance in its audited financial results for the year ended May 31, 2026, compared with revenue of N212.63 billion recorded in the previous financial year.

The NGX All-Share Index suffered 11 consecutive losing sessions before returning to positive territory on Thursday, August 27. The rebound continued on Friday, August 28, when the index gained 0.90 percent to close at 241,298.47 points.