FCMB Group Plc has emerged as a focal point of activity on the Nigerian Exchange (NGX), as both retail and institutional investors respond to the lender’s sustained market momentum. As of February 23, 2026, the Group’s shares reached a price point of ₦12.35, marking a significant appreciation from its 52-week low of ₦8.35. This upward […]
Nigeria’s National Pension Commission (PenCom) has announced an upward revision of equity investment limits for Retirement Savings Account (RSA) funds, a move aimed at easing liquidity constraints and improving asset allocation efficiency. The adjustment, contained in its recent addendum released to the Revised Regulation on Investment of Pension Fund Assets issued in September 2025, takes […]
Investors in the Nigerian Exchange (NGX) recorded significant gains on Wednesday as the equities market sustained its bullish run, adding N880 billion to market capitalisation. The All-Share Index (ASI) rose by 0.78 per cent to close at 178,184.35 points, while market capitalisation advanced to approximately N114.4 trillion, driven by sustained bargain hunting across major sectors. […]
The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, with the All-Share Index (ASI) advancing by 165 basis points to close at 176,809.42 points. Market capitalizcapitalisation₦1.85 trillion to settle at ₦113.50 trillion, lifting year-to-date (YTD) returns to 13.62 per cent from 11.78 per cent in the previous session. Data from the NGX showed that […]
The Nigerian Exchange (NGX) opened the week on a strong note as equities investors recorded ₦1.4 trillion in gains on Monday, driven by sustained bargain hunting and positive sentiment across key sectors. The NGX All-Share Index rose by 1.29 per cent, adding 2,218.73 basis points to close at 173,946.22, while market capitalisation increased by ₦1.42 […]
The Nigerian Exchange (NGX) has witnessed a significant bullish surge in early trading as a strategic shift in pension fund allocations triggered a massive influx of capital. Market analysts are describing the movement as a “liquidity tsunami,” directly linked to new directives from the National Pension Commission (PenCom) that encourage Pension Fund Administrators (PFAs) to […]
The Nigerian Exchange (NGX) closed the week on a bullish note, with the All-Share Index climbing three point eight four per cent week-on-week to 171,727.49 points. Gains were recorded across all trading sessions, reflecting sustained investor confidence in equities. Strong performances in heavyweight counters provided the lift. ARADEL advanced fifteen point three six per cent, […]
Sterling Financial Holdings Company Plc has reported a significant 81 percent increase in its after-tax profit for the 2025 financial year, driven by a sharp expansion in interest and non-interest income. In its audited financial statement released on February 6, 2026, the holding company demonstrated a strong growth trajectory, benefiting from the high interest rate […]
Transcorp Power Plc has announced a 30 percent growth in annual revenue, driven by a strategic increase in its available generation capacity to 550 megawatts (MW). The company’s 2025 financial performance, released in early February 2026, highlights a period of significant operational scaling at its Ughelli power plant, which remains a critical asset in Nigeria’s […]
The Nigerian Exchange (NGX) surged on Tuesday, delivering strong gains for equity investors as market optimism drove portfolios up by ₦1.66 trillion. Trading data showed the NGX All-Share Index climbed 1.59 per cent to 165,837.32 points, underpinned by robust activity in telecom, banking, and consumer sectors. Market capitalisation rose to ₦106.18 trillion, reflecting […]
Nigeria’s equities market crossed a historic threshold on Monday as total market capitalisation surged above the N100 trillion mark, driven by strong buying interest in mid- and large-cap stocks at the start of the new trading year. Market capitalisation rose from N99.90 trillion to about N101.5 trillion, adding over N1.6 trillion in a […]
The Group Chairman of the Nigerian Exchange Group (NGX), Dr Umaru Kwairanga, has said foreign exchange reforms introduced by President Bola Tinubu have attracted unprecedented levels of investment into Nigeria, despite the initial pains associated with the policy shift. Kwairanga, who spoke in an interview in Gombe on Saturday, described the reforms as a necessary […]
The Nigerian equities market closed today’s session on a positive note, with the NGX All-Share Index (ASI) rising 0.74 per cent to 147,950.59 points. This lifted the year-to-date return to 43.74 per cent from 42.69 per cent in the previous session, while investors’ wealth increased by N693.96 billion, pushing market capitalisation to N94.32 trillion. Trading […]
The Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission. This development deepens Nigeria’s short-term debt market and reinforces NGX’s role as a versatile hub for capital formation. The new listing window enables corporates and issuers to list and trade both conventional and non-interest commercial papers […]
The Nigerian Exchange (NGX) shed over ₦110 billion on Monday as investor sentiment weakened, dragging the year-to-date return down to 40.86 per cent. The All-Share Index slipped by 173.26 basis points to close at 144,986.51, while market capitalisation fell by ₦110.19 billion, settling at ₦92.21 trillion, reflecting cautious trading amid continued uncertainty over the long-term effects […]
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 capitalisation added N279.37 billion to close at N89.34 trillion. The upturn […]
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 […]
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 […]
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 statements […]
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 […]