Lagos: This week, the Nigerian stock market stumbled into bearish territory. Heavy sell-offs erased ₦276 billion in market value, underscoring investor jitters and renewed pressure on equities. Continuing the trend, …
NGX
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Lagos: Trading activity on the Nigerian Exchange (NGX) slowed this week, with 3.95 billion shares valued at ₦201.31 billion exchanged across 359,642 deals, as market indices closed lower, reflecting a …
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Lagos: The Nigerian equities market staged a powerful comeback on Tuesday, raking in N1.086 trillion in gains as large‑ and medium‑capitalised stocks drove a broad rally. The rebound erased recent …
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Lagos: The Nigerian stock market stumbled at the week’s open, shedding ₦1.375 trillion in value as investors cashed in gains. Market capitalisation fell 1.07 per cent to ₦127.75 trillion, while …
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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 …
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Lagos: The Nigerian Exchange (NGX) All-Share Index surged past the 201,000-point milestone for the first time on Monday, delivering a record ₦1.97 trillion in market gains to investors and cementing …
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Lagos: Nigeria’s stock market closed the week N962 billion richer Friday, powered by a bullish rally led by Guinness and UPL. Sustained investor interest in Guinness, University Press, Royal Exchange, …
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Business & Economy
Investors Earn ₦648bn as Stock Market Stages Strong Rebound
by Toye Faleyeby Toye FaleyeInvestors in the Nigerian stock market gained N648 billion in market value on Thursday as the market rebounded after two sessions of decline. Renewed interest in equities such as FTN …
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Business & Economy
Selloffs in Presco, UACN Wipe ₦107bn Off Equities Market
by Toye Faleyeby Toye FaleyeLagos: The Nigerian equities market extended its bearish performance on Wednesday, as investors’ wealth declined by N107 billion. Selloffs in Presco, UAC of Nigeria, Morison, LivingTrust Mortgage Bank, SCOA, and …
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Lagos: The stock market closed on a negative note on Tuesday, reversing the gains recorded in the previous session, as investors lost N726 billion. This folThis change came after a …
