…with in-depth knowledge of the Nigerian economy, stocks and general market trends.The Nigerian stock market extended its rally on Tuesday, October 27, 2026, as market capitalisation climbed to a record N164.91 trillion.Investors gained N1.75 trillion during the session, lifting the market’s total value from N163.16 tri…
…with in-depth knowledge of the Nigerian economy, stocks and general market trends.The Nigerian stock market closed in negative territory on Thursday, October 22, 2026, extending the previous session's losses as profit-taking in selected stocks weighed on market performance.The benchmark NGX All-Share Index (ASI) fell b…
…cannot easily access—the consequences will extend far beyond individual investors. The Nigerian stock market will be forever haunted by the memory of the people who were told that this time was different, and who lost their savings proving that it was not. Nigeria does not need more millionaires created by the apprecia…
…than equities and other investments, potentially diverting funds away from the Nigerian stock market.For banks and businesses, aggressive liquidity tightening can also make naira funding more expensive.CBN keeps tightening the liquidity tapThe latest N4.72 trillion OMO absorption adds to the N7.18 trillion the CBN repo…
Investors in the Nigerian stock market recorded a cumulative loss of N5.45 trillion as the equities market extended its bearish run to an eighth consecutive session on Thursday. DAILY POST reports that equities listed on the Nigerian Exchange Limited, NGX, have continued to experience significant declines since Tuesday…
…President Bola Ahmed Tinubu. Data from the NGX showed that from Tuesday to Friday, the Nigerian stock market continued its decline, shedding a total of N3.8 trillion. Accordingly, the NGX shed N2.932 trillion on Tuesday and Wednesday, N613 billion on Thursday and N257 billion on Friday. During Friday’s trading, data fr…
…Plc (+7.89%)Transnational Corporation Plc (+7.55%)Profit-taking wipes N1.26tn from Nigerian stock market in one trading week Photo: NurphotoImagesTop losersAssociated Bus Company Plc led the laggards after shedding 18.44% to close at N5.75 from N7.05.Other major decliners were:Fortis Global Insurance Plc (-16.13%)Tripp…
…country's regulatory environment and market integrity. This is even as Bloomberg ranked Nigerian stock market as the world' best performing stocks, overtaking that of South Korea. The decision, announced in S&P DJI's annual Country Classification Watchlist, positions Nigeria among markets under formal review for a poss…
...S&P Dow Jones places market on watchlist for Frontier status The Nigerian stock market has rerouted into its explosive trajectory, surging to the forefront of global equity markets in dollar terms. While frontier and emerging markets are notoriously volatile, Nigeria's ability to outpace a heavy-hitting tech hub lik…
…said the decline reflected a shift in corporate financing from debt to equity as the Nigerian stock market strengthened. He said, "This means that Nigerian companies are likely to have relied more on equity if you compare the first quarter of 2026 with the first quarter of 2025. They would have relied more on debt in 2…
…factors. The first is profit-taking following an extraordinary rally that saw the Nigerian stock market gain more than 60% year-to-date at its peak. After months of strong price appreciation, particularly in stocks that delivered triple-digit returns, many investors appear to be locking in gains. The market is also con…
…from emerging markets, including Nigeria, and move funds into US dollar assets. The Nigerian stock market remains substantially higher than at the start of the year despite these challenges supported by strong fundamentals and expected fiscal reforms like reduced corporate tax rates that could bolster market confidence…