Tag: #MarketRally
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TINUBU CELEBRATES NGX’S N100TRN BOOM: TIME FOR NAIJAS TO INVEST LOCAL
President Bola Tinubu’s cheering the Nigerian Exchange for smashing past N100 trillion market cap—calling it proof of rock-solid investor faith in Naija’s economic turnaround amid global jitters. In a Thursday statement via spokesman Bayo Onanuga, Tinubu spotlighted the NGX All-Share Index’s stellar 51.19% return in 2025 (beating 2024’s 37.65% and outpacing S&P 500, FTSE 100),…
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NIGERIAN EQUITIES MARKET EXTENDS GAINS, INVESTORS POCKET ₦963 BILLION
The Nigerian stock market continued its winning streak on Tuesday, with investors collectively gaining ₦963 billion. The market capitalisation rose to ₦96.134 trillion, while the All-Share Index inched up by 0.01%, closing at 151,456.91 points. Key stocks like SCOA Nigeria, Omatek, BUA Foods, and Vitafoam led the charge, fueling the market’s positive momentum. Despite the…
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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…
