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

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 […]

Money

Nigeria sets $6bn investment goal in NGX, Trade Ministry pact

DailyTimesNGR DailyTimesNGR 1 May 2025 0

BY MOTOLANI OSENI The federal ministry of Industry, Trade and Investment (FMITI) and the Nigerian Exchange Group (NGX Group) have partnered in a move to achieve $ 6 billion Investment Target. This collaboration was highlighted during the distinguished Closing Gong Ceremony at the NGX, Lagos, where Dr. Oduwole outlined FMITI’s ambitious target to facilitate $6 […]

Business

Legend Internet’s listing boosts NGX by N12.4bn, signals growth in Nigeria’s digital economy

DailyTimesNGR DailyTimesNGR 28 April 2025 0

BY MOTOLANI OSENI Legend Internet Plc has made a significant leap in Nigeria’s digital economy by listing two billion shares on the Nigerian Exchange (NGX), resulting in a N12.4 billion increase in overall market capitalisation. This landmark listing marks the company as the first indigenous player in the internet segment of the telecommunications sector to […]

Business

NGX index rises 1.46% on Q1 earnings boost

DailyTimesNGR DailyTimesNGR 28 April 2025 0

BY MOTOLANI OSENI Investor sentiment turned sharply positive last week as the Nigerian Exchange (NGX) sustained its bullish momentum, driven by the release of strong first-quarter (Q1) 2025 earnings from several listed companies. The renewed optimism lifted the benchmark All-Share Index by 1.46 per cent to close at 105,752.61 points. Correspondingly, the market

Business

Equities investors lose N208bn, NGX ASI sheds 0.32 as bears tighten grip

DailyTimesNGR DailyTimesNGR 21 April 2025 0

BY MOTOLANI OSENI The Nigerian Exchange (NGX) closed last week in negative territory, as the All-Share Index (ASI) slipped by 0.32 per cent week-on-week to settle at 104,233.81 — its lowest level in four weeks — while market capitalisation dropped by N208 billion to close at N65.499 trillion. The downbeat mood swept across key sectors, […]

Business

NGX repositions to attract private investment amid delisting surge

DailyTimesNGR DailyTimesNGR 12 April 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange Group (NGX) said it is revamping its strategy to tap into the increasing flow of private capital, adopting a more proactive approach to address the rising trend of delistings from the Nigerian capital market. The Group chairman of NGX Group, Dr Umaru Kwairanga, stated this at the Group’s 64th […]

Business

NGX market value drops by N30bn as delisting impacts stocks

DailyTimesNGR DailyTimesNGR 5 April 2025 0

BY TEMITOPE ADEBAYO The Nigerian stock market lost N30.44 billion in value on Thursday as the Nigerian Exchange (NGX) delisted several inactive companies, triggering a decline in key market indicators. The NGX All-Share Index edged down by 0.02 per cent, shedding 21.90 basis points to close at 105,525.26, while market capitalisation fell by 0.05 per […]

Business

Equities market loses N71bn as sell-off continues on NGX

DailyTimesNGR DailyTimesNGR 3 April 2025 0

BY TEMITOPE ADEBAYO Sell-off pressures continued to weigh heavily on the equities market on Wednesday, erasing over N71 billion from the Nigerian Exchange (NGX) market capitalisation. Trading data from the NGX revealed that the market opened on a negative note following the holiday, with key performance indicators declining by 0.11% as investors took profits. Investor […]

Business

NGX bulls push ASI up by 0.66%, adding N438bn to market capitalization

DailyTimesNGR DailyTimesNGR 31 March 2025 0

BY TEMITOPE ADEBAYO The Nigerian Stock Exchange (NGX) saw positive performance in the past week as the All-Share Index (ASI) rose by 0.66 per cent week-on-week (W-O-W), closing at 105,660.64 points. The market capitalization of listed equities also gained N438 billion, reaching N66.257 trillion by the end of the week. With the bulls taking charge […]

Business

NGX market cap sheds N532bn as sell pressure persists

DailyTimesNGR DailyTimesNGR 23 March 2025 0

BY MOTOLANI OSENI The Nigerian Exchange, NGX, extended its losing streak as investors offloaded equities, wiping out N532 billion from the market capitalisation over the week. The persistent sell pressure saw the benchmark All-Share Index decline by 0.94 per cent to close at 104,962.96 points, deepening the bearish sentiment in the local bourse. Stockbrokers attributed

Business

Investors gain N13.4bn as NGX inches up 2bps amid low turnover

DailyTimesNGR DailyTimesNGR 26 February 2025 0

BY TEMITOPE ADEBAYO Investors on the Nigerian Exchange (NGX) recorded a modest gain of ₦13.4 billion on Tuesday, as the All-Share Index (ASI) edged up by 2 basis points to close at 107,798.99. Market capitalisation followed suit, rising to ₦67.18 trillion despite a sharp decline in trading activity. Turnover weakened, with trading volume plunging 32.37 […]