The Nigerian Exchange Limited (NGX) closed the week on a positive note on Friday, as renewed buying interest lifted the benchmark index and market capitalisation.
The confirmation, contained in a market notice published on Thursday, August 27, formally clears the uncertainty that had surrounded Nigeria’s return to the Frontier Market universe after the transition was placed under further review in June.
The Nigerian Exchange Limited (NGX) closed higher on Thursday, reversing the previous session’s decline as the market’s benchmark index gained 0.20 percent.
The decision is expected to be formally announced later this week, potentially clearing the uncertainty that emerged after FTSE Russell placed Nigeria’s planned reclassification under further review in June.
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...
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...
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...
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 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...
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...
Nigeria’s agricultural imports fell by 8.5 percent year-on-year to N2.03 trillion in the first half of 2026, despite a sharp increase in import activity during the second quarter.