Search Results for "NGX"
32 results found
N163.7trn NGX: Foreign money, oil stocks drive fresh market record

…Frontier Market Index combined with renewed buying of energy stocks to extend the NGX bull run. The market value, which stood at N162.16 […] The post N163.7trn NGX: Foreign money, oil stocks drive fresh market record appeared first on Tribune Online.

Investment by nigerianewsfeed · 2 days ago · 0 comments · 5 views
OPay makes major clarification after viral message sparks shutdown fears

…people and contributing to the growth of the country’s digital economy.OPay to list on NGXMeanwhile, Legit.ng earlier reported that OPay is planning to list its shares on the Nigerian Exchange, giving local investors access to one of Africa's biggest fintech companies.The fintech processed $358bn in gross transaction v…

Investment by nigerianewsfeed · 26 days ago · 0 comments · 17 views
NGX market cap hits N158.96trn as ASI gains 0.77%

…index higher.Contents…YTD return rises to 58.14% as oil, insurance stocks rally The NGX All-Share Index (ASI) rose by 0.77 per cent to close at 246,082.63 points, lifting its year-to-date return to 58.14 per cent, from 56.93 per cent in the previous session. Consequently, the total market capitalisation of listed equit…

Investment by nigerianewsfeed · 28 days ago · 0 comments · 19 views
PZ Cussons Nigeria PAT soars 349% to N45.2bn

…The company, in its audited results released to the Nigerian Exchange Limited (NGX), also proposed a N2.50 dividend per share, subject to shareholders’ approval at its Annual General Meeting scheduled for October 28, 2026. Revenue increased by 22 percent to N260.46 billion, compared with N212.63 billion recorded in the…

Business by nigerianewsfeed · 29 days ago · 0 comments · 18 views
NGX volume plunges 60 percent as selective buying lifts index

…Russell reclassification catalyst TRADING activity on the Nigerian Exchange Limited (NGX) contracted sharply, last week, with equity volume falling by 3.74 billion shares, or 59.8 percent week-on-week, even as the benchmark index recovered on renewed buying interest in selected large-cap stocks. Investors traded 2.507…

Business by nigerianewsfeed · 30 days ago · 0 comments · 20 views
See list of 10 consumer goods companies in Nigeria by revenue

Nigerian Breweries topped Nigeria's consumer goods revenue ranking in H1 2026, crossing a milestone no listed company in the sector had reached beforeBUA Foods ranked second by revenue but pulled ahead of every rival on profit, accounting for nearly half of the combined earnings of the top 10 firmsThree breweries featu…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
NGX crashes for 8th straight session as investors lose whopping N5.45tn

…on Thursday. DAILY POST reports that equities listed on the Nigerian Exchange Limited, NGX, have continued to experience significant declines since Tuesday, August 11, 2026. Last week, investors on the NGX lost N3.8 trillion in four consecutive bearish sessions. So far this week, from Monday to Thursday, stocks on the…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
NGX, Stanbic IBTC push market making, securities lending to deepen equity liquidity

According to him, the ability of investors to enter and exit positions efficiently, competitive bid-offer spreads and effective price discovery are equally critical measures of market strength. The post NGX, Stanbic IBTC push market making, securities lending to deepen equity liquidity appeared first on Tribune Online.

Business by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
NGX sheds N544bn as banking stocks drag market lower

The Nigerian equities market extended its bearish run on Tuesday as renewed sell-offs in banking stocks dragged the benchmark index lower, wiping N544.48 billion from investors’ wealth. The Nigerian Exchange All-Share Index declined by 0.35 per cent to close at 241,611.23 points, moderating its year-to-date return to 5…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
How 24 firms control over 70% of Nigeria’s stock market

…companies have emerged as the most valuable stocks on the Nigerian Exchange Limited (NGX) year-to-date (YtD) as of August 17, 2026, collectively accounting for 74.8 per cent of the total market capitalisation of the equities market. The 24 companies, drawn largely from the banking, consumer goods, industrial goods and…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
NGX trading volume surges 127 percent as investors exchange N176.06bn in one week

Trading activity on the nations bourse recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares valued at N176.058 billion across 224,146 deals. The post NGX trading volume surges 127 percent as investors exchange N176.06bn in one week appeared first on Tribune Online.

Business by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Find out more as SEC releases names of 6 persons, 3 firms linked to terrorism, issues fresh order

Nigeria's SEC directed capital market operators to freeze funds tied to six people and three bureau de change companies named by the Sanctions CommitteeThe six individuals were designated in June 2025 under Nigeria's Terrorism Prevention and Prohibition Act over alleged links to ISWAP financing networksOperators who fa…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
Sending govs, senators to Osun shows election won't be credible - VeryDarkMan calls out Tinubu

…IS THE DAY.” Watch him speak below https://www.instagram.com/reel/DcDfW0oIFW4/?igsh=bHg5NGxvMmk0ejBo&igsi=bHg5NGxvMmk0ejBo Sending govs, senators to Osun shows election won’t be credible – VeryDarkMan calls out Tinubu

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
NGX investors lose whopping N3.8 trillion after Tinubu visit

Investors in the Nigerian Exchange Limited, NGX, recorded a massive loss of N3.8 trillion in four trading sessions, ending the week on a bearish note after the management paid a visit to President Bola Ahmed Tinubu. Data from the NGX showed that from Tuesday to Friday, the Nigerian stock market continued its decline, s…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
CBN announces removal of restrictions on Discount Window access for FX, OMO

…urges protection during road construction Investors record N1.17tn significant loss as NGX reverses gain Domestic crude must be available and commercially viable - Dangote Refinery Dollar to Naira exchange rate today, August 11, 2026: Nigerian Naira depreciates, reverses gain Gas flaring: CSOs raise concern over poor e…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Find out more as Nigerian stocks rise as 80 equities gain on the NGX

The NGX closed the week with the All-Share Index at 166,129.50 points, driven by broad gains across most sectorsFinancial Services stocks led trading activity, accounting for over 67% of total turnover volume during the weekNCR (Nigeria) Plc topped the gainers list with a 60.79% price jump, while Ikeja Hotel led the de…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
Presidency reacts as NGX-listed Nigerian firms record N14.40tn revenue

…presidency has reacted after 10 blue-chip firms listed on the Nigerian Exchange, NGX recorded a combined revenue of N14.40 trillion in the first quarter of 2026. In a statement issued on Wednesday by the President’s spokesperson, Bayo Onanuga, the Tinubu administration attributed the gains to its economic reforms. DAIL…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Find out more as Nigerian stock market sheds N1.26 trillion despite higher trading activity

…of the Nigerian economy, stocks, and general market trends.The Nigerian Exchange (NGX) ended the trading week on a negative note, with investors losing roughly N1.26 trillion in market value as profit-taking swept through several major stocks.The NGX All-Share Index (ASI) fell 0.84% to close at 245,283.68 points, while…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Find out more as Rising cement prices help manufacturers post strong H1 2026 earnings

Nigeria's three largest listed cement makers all reported higher revenue and profit in the first half of 2026HBM Nigeria recorded the fastest earnings growth, with net profit jumping 57% on the back of volume and efficiency gainsAll three companies are expanding production capacity simultaneously, signalling confidence…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Dangote Cement revenue hits N2tn on strong local demand

…ended 30 June 2026. According to unaudited financial statements submitted to the NGX on Wednesday, the figure represents a 21.35 per cent increase compared to the N2.072tn recorded in the corresponding period of 2025, driven largely by sustained local demand and strong operational efficiency across key African markets.…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 20 views
Investors gain N481bn as NGX rebounds on earnings optimism

The Nigerian Exchange (NGX) reversed Monday’s losses on Tuesday as renewed buying interest across insurance, industrial and consumer goods stocks lifted investors’ wealth by ₦481.18 billion, amid growing expectations that the ongoing release of half-year corporate earnings will sustain market momentum. The benchmark NG…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 23 views
China evacuates 340,000 people as Typhoon Noul approaches

…level in its four-tier system. Parts of Guangdong and neighbouring Hunan, Fujian and Jiangxi provinces are set to receive heavy rainfall from Saturday night to Sunday night, it said. When the typhoon makes landfall, it is forecast to have maximum sustained winds of 151-173 kilometres per hour (94-107 miles per hour). M…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 19 views
NGX chair seeks capital market, insurance partnership to drive growth

…capital, deepen financial inclusion and accelerate sustainable economic growth. The post NGX chair seeks capital market, insurance partnership to drive growth appeared first on Tribune Online.

Business by nigerianewsfeed · 2 mons ago · 0 comments · 19 views
Dangote's $2.5bn fundraising sparks frenzy as landmark IPO nears

…previously reported that Dangote plans to list the refinery on the Nigerian Exchange (NGX) as part of efforts to broaden local ownership of one of Africa's most strategic industrial assets.The proposed IPO has generated widespread attention across Nigeria's capital market, with Dangote repeatedly stating that the refin…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 20 views
Nigeria placed on 2027 Frontier Market Watchlist

…by the Securities and Exchange Commission (SEC), alongside the Nigerian Exchange Group (NGX Group), Central Securities Clearing System (CSCS), and other capital market stakeholders.The reforms are aimed at strengthening investor protection, improving transparency, modernising post-trade infrastructure, enhancing operat…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
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