Tag: #NGX
-
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…
-
NGX, CIOD TEAM UP TO RAISE CORPORATE GOVERNANCE BAR
Nigerian Exchange Group Plc has reaffirmed its commitment to promoting top-tier corporate governance through stronger collaboration with the Chartered Institute of Directors Nigeria. Chairman Umaru Kwairanga made the pledge at the unveiling of the CIoD 2026 Corporate Governance Outlook in Ikoyi, Lagos, describing the institute as Nigeria’s leading body shaping directors through training, research and…
-
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…
-
NIGERIA STOCK MARKET HITS N687BN GAINS AS BULLISH RUN CONTINUES
Investors ride high on strong blue-chip stocks, boosting market confidence. The Nigerian stock market closed Tuesday on a high note, with investors gaining N687 billion as buying interest persisted in major equities. The All-Share Index rose 1,084.68 points (0.54%) to 202,559.57, while market capitalisation hit N130.026 trillion. Top gainers included BUA Cement (+10%), Premier Paints…
-
NIGERIA’S CAPITAL MARKET GETS GLOBAL RE-RATING, SAYS NGX CEO
Investors are taking a fresh look at Nigeria’s economic potential as market reforms boost confidence. Temi Popoola, Group CEO of the Nigerian Exchange Group, said Nigeria’s capital market is experiencing a re-rating as global investors reassess returns, data, and policy clarity. Speaking on BBC Newsday in London, he highlighted strong equity performance and improved energy…
-
NIGERIA ECONOMY ON STEADY GROWTH PATH, SAYS NGX CHAIR
From stabilization to major capital gains, Nigeria is attracting investor confidence. Dr. Umaru Kwairanga, Chairman of the Nigerian Exchange Group, has said Nigeria’s economy is stabilized and growing steadily. Speaking at the Africa Capital Forum in London, he highlighted stock market gains, with the NGX All-Share Index up 261% and market capitalization surging 325%. Kwairanga…
-
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…
-
NGX, PARTNERS RALLY FOR GENDER EQUALITY IN ECONOMY
Nigeria’s financial market leaders are pushing for stronger gender inclusion, urging greater participation of women in leadership, investment, and economic decision-making. The call came during the 2026 “Ring the Bell for Gender Equality” ceremony at the Nigerian Exchange Group (NGX) Closing Gong event in Lagos. The initiative—organised with the Central Securities Clearing System (CSCS) and…
-
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…
-
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…
