Business Top Stories

Equities Market Rebounds as ASI Adds 0.31%, Investors Gain N279bn

temitope adebayo 26 September 2025 0

The Nigerian Exchange (NGX) closed positively on Thursday, reversing losses from the previous session as the All-Share Index (ASI) advanced 0.31 per cent to settle at 141,149.04 points. The rally lifted year-to-date returns to 37.14 per cent from 36.72 per cent previously, while market

Money

NGX Down, Investors Lose N135bn as Selloffs Persist

Motolani Oseni 25 September 2025 0

The equities market of the Nigerian Exchange (NGX) extended its bearish run on Wednesday, as sustained selloffs wiped off about N135.13 billion from investors’ portfolio value. The All-Share Index (ASI) declined 0.20 per cent to close at 140,716.10 points, while market capitalisation settled lower at N89.06 trillion. Year-to-date return also moderated to 36.72 per cent

Money

Investors Lose N71bn as NGX Slides on Bank Selloffs

temitope adebayo 17 September 2025 0

The Nigerian Exchange (NGX) closed lower on Tuesday as profit-taking in tier-one banks erased N71 billion from investors’ wealth. The benchmark All-Share Index (ASI) fell by 0.08 per cent to 141,546.80 points, while the market capitalisation dropped to N89.56 trillion at the close of trading. The selloffs in Zenith Bank, UBA, Fidelity Bank, and INTBREW […]

Money

NGX Lifts Suspension on Regency Alliance Insurance Shares

temitope adebayo 16 September 2025 0

The Nigerian Exchange Limited (NGX) has lifted the suspension on trading shares of Regency Alliance Insurance Plc, following the submission of its audited financial statements for the year ended December 31, 2024 and outstanding unaudited financial statements for 2025. The suspension was initially imposed due to the company’s failure to file its audited financial

Money

Investors Pocket N704bn as NGX Opens Week Strong

temitope adebayo 16 September 2025 0

Equity investors gained N704 billion on Monday as the Nigerian Exchange (NGX) staged a strong rebound, lifted by renewed bargain-hunting in BUA Foods, GTCO, and Unilever Nigeria. The rally pushed the All-Share Index (ASI) up 0.82 per cent, or 1,155.32 points, to close at 141,701.01 basis points. Market capitalisation rose to N89.63 trillion, reversing losses […]

Business

NGX Restores Trading in Universal Insurance Shares

temitope adebayo 6 September 2025 0

The Nigerian Exchange Ltd (NGX) has lifted the suspension placed on the trading of the shares of Universal Insurance Plc. This development, which became effective on Wednesday, September 3, 2025, now enables shareholders to resume trading of the company’s shares on the NGX platform. The suspension was lifted after the company had filed its Audited […]

Economy

Equity Market Index Slips 0.19% as Investors Lose N166bn

temitope adebayo 30 August 2025 0

The Nigerian Exchange (NGX) closed negative on Friday, extending its losing streak as the All-Share Index shed 272.34 basis points or 0.19 per cent to settle at 140,284.90. The downturn erased about N165.63 billion from investors’ wealth, dragging total market capitalisation to N88.77 trillion. The decline was driven by profit-taking in banking, insurance, and oil […]

Money

Investors Lose N2.29trn in One Week As NGX Extends Losing Streak

temitope adebayo 25 August 2025 0

The Nigerian equities market closed the week on a sour note, as broad-based selloffs across Banking, Insurance, oil and gas, and Industrial Goods stocks wiped out N2.29 trillion from investors’ wealth, extending losses into a second consecutive week. The benchmark NGX All-Share Index (ASI) slipped 0.77 per cent week-on-week to settle at 144,628.20 points, while […]

Business

Equity investors lose N2.38trn as NGX plunges 1.46%

temitope adebayo 20 August 2025 0

The Nigerian Exchange (NGX) closed negative on Tuesday as the All-Share Index (ASI) shed 1.46 per cent, or 2,110.33 points, to settle at 142,613.47 points. Market capitalisation also dipped 1.46 per cent, erasing about N2.38 trillion to close at N90.23 trillion. The decline dragged the year-to-date return down to 38.56 per cent from 40.61 per […]

Business

Investors lose N120bn as NGX index slips 0.13%

Guest Writer 14 August 2025 0

Equity investors on the Nigerian Exchange (NGX) lost N120 billion on Tuesday as the All-Share N92.28 trillion from N92.40 trillion in the previous session, trimming the year-to-date return to 41.72 per cent from 41.90 per cent. The decline was driven by selloffs in WAPCO (-2.14 per cent), Zenith Bank (-1.96 per cent), and GTCO (-1.31 […]

Business

NGX Group employees tackle child malnutrition through volunteer project

Guest Writer 13 August 2025 0

Employees of Nigerian Exchange Group NGX are volunteering their time and expertise to combat child malnutrition in underserved Lagos communities. Through a multi-stakeholder initiative co-championed by NGX Group and Health Emergency Initiative (HEI) Nigeria, in partnership with the Lagos State government, Project Bringing Life to Our Overlooked Minors (BLOOM), NGX Group

Money

GTCO raises capital, lists 2.29bn new shares on NGX

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY MICHEAL AJAYI Guaranty Trust Holding Company (GTCO) Plc has listed 2.288 billion shares from its public offer on the Nigerian Exchange Limited (NGX). This listing follows the successful completion of the company’s capital-raising exercise through a public offer, which aimed to strengthen its capital base and drive growth initiatives. The NGX stated that, “trading […]

Business

Investors gain N216bn as banking stocks lift NGX by 0.28%

DailyTimesNGR DailyTimesNGR 10 July 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday as renewed interest in tier-1 banking stocks drove the All-Share Index (ASI) up by 0.28 per cent to close at 121,989.67 points. This modest gain translated to an increase of N216 billion in market capitalisation, which rose to N76.97 trillion from the […]

Business

NGX market capitalisation rises as rights issue listing adds N150.8bn

DailyTimesNGR DailyTimesNGR 30 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) has received a major boost following the listing of 2.945 billion additional ordinary shares from Stanbic IBTC Holdings Plc, contributing N150.8 billion to the bourse’s overall capitalisation. This development has helped push the total market capitalisation of the Exchange past the N76 trillion mark, reinforcing the positive

Business

Investors gain N1.19trn as NGX ASI rises 1.22%

DailyTimesNGR DailyTimesNGR 26 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange maintained its bullish momentum this week, with the NGX All-Share Index (ASI) advancing by 1.22 per cent to close at 121,257.69 points. This upward movement translated to a market capitalisation gain of N1.19 trillion, pushing the total value to N76.76 trillion and raising the year-to-date return to +17.81 per […]

Money

Investors gain N405bn as NGX extends positive run

DailyTimesNGR DailyTimesNGR 12 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian equities market sustained its rebound on Tuesday as investors gained N405 billion, with the NGX All-Share Index advancing by 0.56 per cent to close at 114,659.11 points. Market capitalisation rose to N72.30 trillion, pushing the year-to-date return to 11.40 per cent. The day’s performance was driven by renewed interest in […]

Business

Investors gain N3.69trn as NGX ASI jumps 5.13%

DailyTimesNGR DailyTimesNGR 9 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) All-Share Index surged by 5.13 per cent in the holiday-shortened trading week, resulting in a N3.69 trillion gain in investor wealth. The uptrend was fuelled by bargain-hunting across major sectors, including Consumer Goods, which rose by 6.20 per cent; Banking, up 5.38 per cent; and Insurance, which advanced […]

Business

Equities investors gain N176bn as NGX ASI up 0.25%

DailyTimesNGR DailyTimesNGR 2 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) started the week on a positive note, with the All-Share Index rising by 0.25 per cent to close at 112,015.95 points. Market capitalisation increased by N176 billion to close at N70.64 trillion. The market rally was driven by gains in MTNN (+3.18 per cent), OANDO (+2.65 per cent), […]

Money

Equities investors gain N152bn as NGX index rises 0.27%

DailyTimesNGR DailyTimesNGR 5 May 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) closed the first trading week of May on a positive note, with investors gaining N151.91 billion following renewed bargain hunting and positive sentiment around Q1 2025 earnings releases. The All-Share Index (ASI) rose 0.27 per cent week-on-week to settle at 106,042.57 points, while market capitalisation climbed to N66.65 […]

Business

Equities investors gain N152bn as NGX index rises 0.27%

DailyTimesNGR DailyTimesNGR 5 May 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) closed the first trading week of May on a positive note, with investors gaining N151.91 billion following renewed bargain hunting and positive sentiment around Q1 2025 earnings releases. The All-Share Index (ASI) rose 0.27 per cent week-on-week to settle at 106,042.57 points, while market capitalisation climbed to N66.65 […]