FinancialNews

Lagos:The Nigerian stock market stormed into May with a powerful ₦62bn rally on its very first trading day, signalling investor confidence and fresh momentum. This positive movement was primarily due …

Lagos: The Nigerian Exchange (NGX) ended Wednesday’s session on a bearish note, wiping out ₦900 billion in market capitalisation after four consecutive days of gains. Significant sell-offs in Aradel Holdings …

Starting the week on a positive note, the Nigerian stock market saw investors gain N147 billion on Monday as market capitalisation climbed to N126.583 trillion. The gain was driven by …

Lagos: The Naira further depreciated on Friday at the official market, trading at N1,393.25 against the U.S. dollar. This extended decline comes amid ongoing volatility in Nigeria’s foreign exchange market. …

Lagos: The equities market rebounded on Monday from its previous session’s loss as investors gained N1.725 trillion. Investors’ renewed interest in key stocks like NGX Group, Aradel, Union Homes Real …

Lagos: Central Bank of Nigeria Governor Olayemi Cardoso announced the country’s net foreign exchange reserves stood at $34.80 billion as of December 2025. In a statement issued on Monday in …

Lagos: The Nigerian equities market remained negative on Wednesday, with investors losing N74 billion due to persistent sell pressure in major stocks. The decline was primarily driven by losses in …

Lagos: The Nigerian equities market closed in the red on Tuesday, as investors lost N1.141 trillion following sell-offs in large-cap, consumer goods, and insurance stocks. Heavy sell-offs hit Daar Communications, …

Lagos: The stock market started the week on a positive note on Monday, with investors’ portfolios increasing by N804 billion. Buyers’ interest in stocks like Okomu Oil, Fortis Global Insurance, …

Lagos: The Nigerian equities market reversed its bullish streak on Tuesday, recording a loss of ₦577 billion after a 13-day consecutive rally. The downturn reflects profit-taking by investors and renewed …