Nigerian stock market

Nigerian Stock Market Slumps as Broad Sell-Off Wipes ₦648bn off Market Cap

The NGX reversed Tuesday’s gains as widespread profit-taking erased about ₦648 billion from investors’ wealth, with losers almost doubling gainers. Insurance stocks remained in demand, with Lasaco, NEM and SUNU Assurances leading the gainers despite the broader market...

Meet 7 Companies Powering Nigeria’s Stock Market Rally In 2026

MTN Nigeria, First HoldCo, Dangote Cement, GTCO, Airtel Africa, BUA Foods and Aradel Holdings have emerged as the biggest drivers of the NGX's record rally in 2026. Strong corporate earnings, a more stable naira, improved investor confidence and...

Nigerian Stock Market Rebounds as Investors Add ₦481bn in Tuesday Rally

The NGX rebounded on Tuesday, adding about ₦481 billion to investors’ wealth as renewed buying interest pushed the benchmark index higher. Insurance stocks dominated the gainers’ chart, with Lasaco Assurance, Linkage Assurance and SUNU Assurances posting strong double-digit...

Nigerian Stock Market Slips as Profit-Taking Offsets Gains in Mid-Cap Stocks

The NGX began the week on a softer note as profit-taking in selected stocks nudged the benchmark index lower despite gains in 28 equities. CNIF led the gainers’ chart with a 9.95 percent rally, while SUNU Assurances and...

Nigerian Stock Market Extends Rally as Investors Add N2.53tn on Banking-Led Buying Spree

July 26, (THEWILL) — Nigeria’s equities market closed the week on a positive note as sustained demand for banking stocks and selected blue-chip counters extended the market’s rally, adding approximately ₦2.53 trillion to investors’ wealth. The Nigerian Exchange (NGX) All-Share...

Nigerian Stock Market Sheds ₦801bn As Nestlé, BUA Foods Sell-Off Overshadows Consumer Stocks Rally

Investors lost about ₦801 billion as profit-taking in heavyweight consumer stocks dragged the NGX lower despite a positive market breadth. Cadbury and Unilever surged by 10.00 percent each, while Nestlé and BUA Foods led the day’s losers with...

Nigerian Stock Market Gains ₦1.76trn As Banking, Insurance Stocks Drive NGX To Fresh High

Investor wealth surged by ₦1.76 trillion as renewed buying in banking, insurance and industrial stocks lifted the NGX All-Share Index to 246,183.96 points, reversing last week’s cautious trading. Custodian, NEM Insurance, BUA Cement and First Holdco topped the...

Nigerian Stock Market Opens Week In Red As Profit-Taking In BUA Cement, PZ Drags Market Capitalisation Below ₦156trn

NGX sheds ₦1.32 trillion as profit-taking in BUA Cement and PZ Cussons drags the market lower. Market breadth weakens with 42 decliners outweighing 19 gainers, signalling broad-based selling pressure. July 14, (THEWILL) — The Nigerian stock market opened the...

Inside Nigeria’s N100 Trillion Stock Market Breakthrough

January 19, (THEWILL) — The Nigerian Exchange (NGX) has crossed a historic threshold, cementing its place among the world’s fastest-rising equity markets at the start of 2026. In just the first two weeks of the year, total market capitalisation...

The Nigerian Stock Market in 2026

January 19, (THEWILL) — The Nigerian stock market’s performance in 2025 indicates that the economy is finally responding to the reforms of the last two years. We have witnessed a significant bull run. As the “nose” of the economy,...
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We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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