Tag: #NGX
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LAFARGE AFRICA SMASHES N1TRN REVENUE MARK, PROFITS SOAR 173%
Strong sales, plant efficiency and cost discipline power a record-breaking 2025. Lafarge Africa Plc has crossed a major financial milestone, posting N1.07 trillion in net sales for 2025 — a 53% jump from N696.76 billion recorded in 2024. In its audited results filed with the Nigerian Exchange Limited, the cement giant reported explosive profit growth…
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NGX ALERTS INVESTORS ON UNUSUAL SHARE PRICE SWINGS
Sharp, unexplained stock movements spark caution as NGX warns against rumor-driven trades. The Nigerian Exchange (NGX) has flagged unusual volatility in some listed stocks, noting that recent sharp price swings may not reflect company fundamentals. In a Monday alert, the Exchange urged investors to rely only on verified information and thorough analysis of company performance…
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INSIDER TRADING ALERT: SHAREHOLDERS DEMAND TOUGHER SANCTIONS AFTER NGX WARNING
Investor groups are pushing for harsher penalties after the Nigerian Exchange flagged three companies over insider trading violations. Shareholders’ associations are calling for stricter enforcement and tougher penalties following insider trading warnings issued by the Nigerian Exchange Limited (NGX). The exchange recently sanctioned Sterling Financial Holdings Company Plc, Mutual Benefits Insurance Plc and Austin Laz…
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NGX OPENS WEEK IN GREEN AS INVESTORS POCKET ₦9BN
A modest lift in the index, but stock pickers found plenty of winners despite broad sell-offs. Nigeria’s equities market kicked off the week on a positive note, with investors gaining about ₦9 billion as trading closed slightly higher on Monday. Market capitalisation edged up 0.01% to ₦106.162 trillion, while the All-Share Index inched up 14.24…
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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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NIGERIA STOCK MARKET SURGES, INVESTORS TRADE N20 BILLION IN A DAY
On Friday, the Nigerian stock market roared back to life with investors trading a whopping 1.826 billion shares worth N20.03 billion across more than 20,000 deals—way up from Thursday’s 324.6 million shares worth N13.05 billion. This big jump reflects fresh confidence and widespread strength in the market. Access Corporationled the activity, trading over 103 million…
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NIGERIAN STOCK MARKET CLOSES WEEK STRONG, ADDS ₦733 BILLION TO INVESTORS’ PORTFOLIOS
Friday’s trading saw the Nigerian Exchange Limited (NGX) market cap grow from ₦98.059 trillion to ₦98.792 trillion, boosting the All-Share Index (ASI) by 0.75% to 155,645.05 points. This positive momentum was driven by strong investor demand in key stocks including Aso Savings, Ikeja Hotel, Regency Alliance Insurance, Caverton Offshore, and Aradel Holdings. Market breadth was…
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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…
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NGX ALL-SHARE INDEX RISES 0.92%, INVESTORS GAIN N822 BILLION FOR THE WEEK
Positive market momentum with steady gains despite mixed sector performances. The Nigerian Exchange (NGX) All-Share Index closed the week up 0.92% at 141,845.35, boosting market capitalization to N89.744 trillion. Investors gained N822 billion overall, led by strong activity in Financial Services, ICT, and Services industries. Top gainers included Guinness Nigeria and Multiverse Mining, while Omatek…
