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Nigerian Banks’ Market Capitalisation Reaches ₦7.90 Trillion
Detailed Breakdown
As of Monday, January 13, 2025, the combined market capitalisation of 11 Nigerian banks reached an impressive ₦7.90 trillion. This follows trading activity on the Nigerian Exchange (NGX), with some banks...
Nigeria’s Beverage & Food Industries Achieve N10.84tn Market Cap Milestone
Sector Highlights
The combined market capitalization of Nigeria’s beverage and food industries has reached an impressive N10.84 trillion, as per trading data from the Nigerian Exchange Limited (NGX) on Wednesday...
Eight Nigerian Banks See Market Value Surge to ₦7.2 Trillion
As of December 24, 2024, the total market capitalization of eight major Nigerian banks rose to ₦7.20 trillion, reflecting a ₦109.10 billion gain from the previous day’s ₦7.09 trillion, according to The PUNCH.
Market Highlights:
1...
NGX’s Path to a $100 Billion Market Cap: Bold Moves Ahead
Breaking Down the Road to $100 Billion for NGX
The Ambitious Journey
In 2012, Oscar Onyema, then CEO of the Nigerian Stock Exchange (now NGX), set a bold $1 trillion market capitalisation target for 2016. Fast forward to 2024, the...
NIGERIAN BIG BANKS MARKET VALUE RISES TO N4.6 TRILLION OR $3.15 BILLION
The market value of Nigeria's top banks listed on the Nigerian Exchange (NGX) surged to approximately N4.6 trillion ($3.15 billion) last week, reversing a previous dip. This increase was driven by investor re-entry and...
TRANSCORP HOTEL OUT AS COMPANIES WITH N1trn MARKET CAP DROP TO 10 AS OF June 06, 2024
As of June 6, 2024, the number of companies listed on the Nigerian Exchange (NGX) with a market capitalization exceeding N1 trillion fell to ten, down from eleven in May. Eight of these companies also have...
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