Nigerian Exchange (NGX)

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...

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...

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,...

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...

April 28, (THEWILL) — The Nigerian equities market reversed previous losses on Tuesday as bargain hunting in select stocks lifted key performance indicators on the Nigerian Exchange (NGX). Market capitalisation rose by ₦3.21 trillion, climbing from ₦143.97 trillion at the...

April 21, (THEWILL) — Financial market experts are advocating a significant increase in the free float requirement for companies listed on the Nigerian Exchange Limited (NGX), proposing a 50 percent threshold to improve liquidity, deepen market activity, and enhance...

April 14, (THEWILL) — The Nigerian equities market closed Tuesday’s session on a strong bullish note, as sustained demand across key mid- and large-cap stocks pushed market indicators further into positive territory. Market capitalisation rose from ₦131.608 trillion to...

April 13, (THEWILL) — The Nigerian equities market closed Monday’s trading session on a positive note, as bargain hunting across selected counters pushed key performance indicators higher. Market capitalisation advanced from ₦131.165 trillion at the opening of trade to...

April 09, (THEWILL) — The Nigerian equities market closed higher today, Thursday’s trading session as gains in select mid-cap and insurance stocks lifted the benchmark index further above the 203,000-point mark. Market capitalisation advanced from ₦130.404 trillion at the opening...

April 08, (THEWILL) — The Nigerian Exchange (NGX) recorded a strong positive session on Wednesday. The market capitalisation opened at N130.014 trillion and closed at N130.404 trillion, while the All-Share Index (ASI) advanced from 202,023.10 to 202,585.54. The session saw 24...