Nigerian Exchange (NGX)

NGX Extends Losing Streak As Investors Lose ₦599bn Amid Broad Market Sell-Off

Investors lost ₦599 billion as heavy profit-taking dragged the benchmark index lower, with the market recording a negative breadth of 13 gainers against 42 losers. AVA Capital, NREIT and Livestock Feeds topped the gainers’ chart, but their advances...

Top 5 Dividend-Paying Companies On NGX In 2026

Seplat Energy, Zenith Bank, GTCO, MTN Nigeria and Dangote Cement remain the NGX’s leading dividend-paying stocks in 2026. Strong earnings, healthy cash flows and consistent payout records continue to support shareholder returns despite a high-interest-rate environment. Analysts say...

Nigerian Stock Market Adds ₦1.58trn As Banking Stocks Drive Bullish Rally

Investors gained approximately ₦1.58 trillion as sustained buying interest in banking and consumer goods stocks lifted the NGX to another strong close. Access Holdings and First HoldCo extended their rally, while Guinness Nigeria led the gainers’ chart with...

Nigerian Stock Market Extends Rally As NGX Adds ₦307bn, Mid-Cap Stocks Sustain Buying Momentum

NGX gained ₦307 billion as market capitalisation rose to ₦159.119 trillion, while the All-Share Index advanced 0.19 percent to 246,659.56 points on sustained buying interest. Market breadth remained positive with 34 gainers against 22 losers, as investors accumulated...

CSCS Declares First-Ever Interim Dividend as H1 Profit Jumps 115%

CSCS has declared its first-ever interim dividend of ₦1 per share after delivering a record first-half financial performance The capital market infrastructure company reported a 115 percent increase in profit before tax to ₦13.21 billion, driven by stronger...

NGX Emerges Africa’s Second-Best Performing Stock Market With 47.4 Percent H1 Return

The Nigerian Exchange (NGX) delivered a 47.43 percent return in the first half of 2026, making it Africa's second-best performing major stock market behind only Ghana and outperforming the average return recorded across six leading African exchanges. Strong...

Banking Stocks Anchor NGX as First Holdco Leads Weekly Rally Despite Softer Trading Activity

July 19, (THEWILL) — Nigeria’s equities market closed the week on a mixed note as sustained buying interest in banking stocks lifted market capitalisation, while the benchmark index posted a marginal decline amid profit-taking in selected industrial and consumer...

First Holdco Rally Fails to Sustain Broad Market Momentum as NGX Slips by ₦32bn

Nigerian equities shed ₦32 billion as profit-taking in BUA Cement and Eunisell outweighed strong gains in banking stocks. First Holdco jumped 9.96 per cent to lead the gainers’ chart for another session, while UBA, Jaiz Bank, and McNichols...

Nigerian Stock Market Rebounds as First Holdco Rally Lifts Investors’ Wealth by ₦720 Billion

The Nigerian stock market recovered ₦720 billion in investor wealth on Tuesday as bargain hunting returned after Monday’s broad sell-off, pushing market capitalisation back to ₦155.849 trillion. First Holdco climbed 9.98 percent to lead the banking sector rally,...

FTSE Russell Delays Nigeria’s Return to Frontier Market Index Over T+1 Settlement Concerns

June 30 (THEWILL) — Global index provider FTSE Russell has placed Nigeria's planned reclassification to Frontier Market status under further review, citing concerns over the country's recent transition to a T+1 securities settlement cycle. The decision, announced on Tuesday, delays...
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