Tag: #Investing
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STOCK MARKET SURGE: INVESTORS CASH OUT N26TRN AS OIL, DIVIDENDS DRIVE RALLY
Nigeria’s equities market delivered a blockbuster April, with investors gaining a massive ₦26.2 trillion as bullish momentum swept through the market. Market capitalisation jumped from ₦129.8 trillion to ₦155.9 trillion up over 20%—while the All-Share Index surged to 242,277 points, reflecting strong investor confidence. Analysts say the rally was powered by rising global oil prices,…
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PRESSCO POSTS BIG GAINS: PROFIT SOARS 57% IN 2025
Presco Plc has reported a 57.1% jump in profit before tax to ₦177.9 billion for 2025, showing strong momentum in Nigeria’s edible oil sector. Profit after tax rose to ₦121.5 billion, while revenue surged nearly 60% to ₦330.6 billion, driven by improved efficiency and market demand. Gross and operating profits also recorded impressive growth of…
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NIGERIAN BREWERIES STOCK SURGES 135% TO ₦2.33TRN AS PROFIT REBOUNDS
From red ink to strong returns — Nigerian Breweries just toasted a major turnaround on the stock market. Nigerian Breweries Plc says its market capitalisation jumped by 135% in 2025, rising from ₦991.5 billion to ₦2.33 trillion. Chairperson Juliet Anammah credited the surge to economic reforms, improved investor confidence, and stronger market conditions. She said…
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AFRICAN EXCHANGES STORM DANGOTE REFINERY AHEAD OF IPO
Africa’s biggest capital market players are already sizing up the Dangote Refinery as momentum builds toward one of the most anticipated listings on the Nigerian Exchange Group. NGX Chairman Umaru Kwairanga led representatives from major African stock exchanges on a strategic tour of the refinery — a key step ahead of its planned Initial Public…
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AFRICA PRUDENTIAL’S BIG YEAR: REVENUE JUMPS 38% TO N7.19BN
Despite inflation, FX volatility and rising costs, Africa Prudential Plc just posted a strong 2025 performance—boosting revenue, profits and dividends while doubling down on digital innovation. The company announced at its 13th virtual AGM that revenue surged 38.35%, rising from N5.19bn in 2024 to N7.19bn in 2025. Profit After Tax also climbed sharply to N2.72bn,…
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NGX RALLIES: INVESTORS POCKET N1.77TRN IN SHORT TRADING WEEK
Despite fewer trading days, the stock market surged — delivering big gains and renewed investor confidence. Nigeria’s stock market wrapped up the week on a strong note, with the Nigerian Exchange Ltd. (NGX) posting a 1.39% rise in both the All-Share Index and market capitalisation. The benchmark index climbed to 201,156.86 points, while total market…
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NGX MARKET CAP HITS N127TRN AS INVESTORS GAIN N924BN IN A WEEK
Stocks close the week on a strong note as investors rake in massive gains on the Nigerian bourse. Nigeria’s stock market ended the week on a positive note as the All-Share Index of the Nigerian Exchange Group (NGX) rose by 0.73%, pushing market capitalisation to N127.361 trillion. The benchmark index climbed to 198,407.30 points, up…
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NGX ENDS WEEK MIXED AS MARKET VALUE JUMPS ₦184BN
Fresh share listings lift capitalisation despite a slight dip in the index Trading on the Nigerian Exchange (NGX) closed on a mixed note on Friday, with market capitalisation climbing by ₦184 billion even as the benchmark index slipped slightly. Market value rose 0.17% to ₦106.15 trillion, boosted mainly by Presco’s additional 166.7 million shares and…
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STOCK MARKET ENDS WEEK WITH N618 BILLION GAIN ON STRONG BIG-CAP INTEREST
Nigerian equities surge as medium and large stocks draw investor confidence. The Nigerian Stock Market closed the week on a high note, with market capitalization increasing by N618 billion (0.7%) to reach N89.96 trillion. The All-Share Index gained 984 points to close at 142,133, supported by 36 gainers versus 23 losers. Top gainers included Thomas…
