NGX

NGX Extends Losing Streak as Investors Lose ₦878bn Amid Broad Selloff

July 2 (THEWILL) — The Nigerian Exchange (NGX) extended its bearish run on Thursday as sustained profit-taking and weak investor sentiment dragged key market indicators lower, wiping ₦878 billion off investors’ wealth. Market capitalisation declined by 0.61 percent to ₦143.946...

NGX Rebalances Key Market Indices in Half-Year Review

July 01 (THEWILL) — Nigerian Exchange Limited (NGX) has announced the outcome of its Half-Year 2025 review of its market indices. This updated the composition of several key benchmarks to reflect prevailing market conditions and ensure the indices remain representative...

NGX Extends Losing Streak as Investors Shed ₦2.39tn

July 01 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Wednesday, extending its bearish run as sustained selling pressure across key counters erased ₦2.39 trillion from investors’ wealth. Market capitalisation declined from ₦147.217 trillion at the opening of trade...

Q2 Capital Migration: Liquidity Squeeze Behind NGX Pullback

July 1 (THEWILL) — Nigeria’s equities market entered the second quarter of 2026 on the back of one of its strongest rallies in nearly two decades. By May, the Nigerian Exchange (NGX) had pushed the benchmark All-Share Index (ASI)...

NGX Suffers Record ₦13.3trn Monthly Value Erosion As June Selloff Reverses Market Rally

July 1 (THEWILL) — Nigeria’s equities market recorded its steepest monthly value loss on record in June 2026, with investors losing ₦13.29 trillion as widespread profit-taking, dividend adjustments and portfolio rebalancing triggered a broad-based selloff across the Nigerian Exchange...

NGX Rebounds as Airtel Africa, Consumer Stocks Lift Market Capitalisation by ₦653bn

June 30 (THEWILL) — The Nigerian Exchange (NGX) rebounded on Tuesday as renewed buying interest in blue-chip and consumer stocks lifted market capitalisation by ₦653 billion. Market capitalisation rose from ₦146.564 trillion at the opening of trading to ₦147.217 trillion...

Cement Stocks Drag NGX Lower As Investors Lose ₦3.64trn

June 24 (THEWILL) — The Nigerian Exchange (NGX) closed sharply lower on Wednesday, as heavy selloffs in major cement and insurance stocks triggered a broad market decline, wiping ₦3.64 trillion off investors’ wealth. Market capitalisation fell from ₦154.484 trillion at...

NGX Rebounds As Airtel Africa Rally Lifts Market Capitalisation By ₦1.64trn

June 23 (THEWILL) — The Nigerian Exchange (NGX) reversed its recent losing streak on Tuesday, as renewed buying interest in large-cap and mid-cap stocks pushed key market indicators higher. Market capitalisation gained ₦1.64 trillion to close at ₦154.484 trillion, up...

NGX Rebounds As Banking Stocks Drive Broad-Based Market Recovery

June 22 (THEWILL) — The Nigerian equities market opened the week on a positive note on Monday. Market capitalisation rose from ₦151.327 trillion at the opening to ₦152.845 trillion at the close of trading, reflecting a significant gain in...

NGX Ends Week Lower as Broad Sell Pressure Weighs on Market Performance

June 21 (THEWILL) —The Nigerian Exchange (NGX) closed the week on a bearish note as sustained sell pressure across major counters dragged key performance indicators lower, wiping approximately ₦5.64 trillion from investors’ wealth. The NGX All-Share Index (ASI) depreciated by...
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