ngx

Investors Gain N1.9 Trillion in January as Stock Market Rally Strengthens The bullish momentum in the Nigerian equities market continued into 2025, with investors pocketing an impressive ₦1.94 trillion in gains during January. This surge was fueled by strong corporate earnings, rising investor...

Debt Surge: Eight Nigerian Companies Rack Up ₦8.67 Trillion Liabilities As of December 2024, eight Nigerian publicly listed companies have seen a sharp rise in their total liabilities, reaching ₦8.67 trillion, according to financial statements filed with the Nigerian Exchange (NGX). This...

NGX Closes January on a Strong Note with 135% Surge in Trading Volume The Nigerian Exchange (NGX) wrapped up the last trading day of January 2025 on a high note, recording a significant surge in trading activity. At the close of trading on Friday, January 31, 2025, a total of 1.17 billion...

Investors Set to Reap Big Returns from Bank Recapitalisation in 2024 As Nigerian banks push forward with their recapitalisation efforts, investors are in for substantial rewards. Over the past year, seven major banks—Fidelity Bank, GTCO Holdings, Access Holdings, Sterling Bank, FCMB Group, UBA...

NGX Market Report for January 30, 2025: Trading Volume Rises by 19% as Market Capitalization Hits NGN 64.7 Trillion The Nigerian Exchange Limited (NGX) closed Thursday’s trading session on January 30, 2025, with a total of 497.36 million shares traded across 13,716 deals, amounting to a market...

NGX RegCo and EFCC Strengthen Partnership to Tackle Capital Market Infractions The Nigerian capital market is set to witness enhanced regulatory oversight as NGX Regulation Limited (NGX RegCo) partners with the Economic and Financial Crimes Commission (EFCC) to strengthen surveillance and...

NGX Trading Summary – Wednesday, January 29, 2025 At the close of today’s trading session on the Nigerian Stock Exchange (NGX), the market experienced a mix of gains and declines across key indicators. Market Performance Overview A total of 417.62 million shares were traded in 16,253 deals...

NGX Trading Summary for Tuesday, January 28, 2025 – Detailed Breakdown: 1. Overall Market Performance: - A total of 542,229,692 shares were traded in 15,561 deals, amounting to a market value of NGN 13,636,085,330.08. - Compared to the previous trading day (Monday, January 27), there...

FG Urged to Mandate NGX Listing for Contractors to Boost Wealth Distribution and Transparency Detailed Breakdown of the News: 1. Key Proposal: - Expert Suggests Contract Limitations to NGX-Listed Firms: Mr. Ugodre Obi-Chukwu, CEO of Nairametrics, has called on the federal...

NGX Trading Summary for Monday, January 27, 2025 The Nigerian Stock Exchange (NGX) kicked off the week with a trading session that saw 518.28 million shares exchanged across 17,196 deals, amounting to a total market value of ₦13.3 billion. Market Performance Overview • Trading volume...

Weekly Stock Picks: Total Energies, Sunu Assurances & Sterling Bank Lead the Pack The Nigerian stock market saw a 1.2% gain last week, fueled by renewed investor interest in banking and telecom stocks. Trading volume surged by more than a third, with financial services stocks alone accounting...

NGX Trading Summary for Friday, January 24, 2025 The Nigerian Stock Exchange (NGX) closed the last trading day of the week with a total of 576.41 million shares traded in 11,546 deals, amounting to a market turnover of NGN 8.98 billion. Market Performance Overview: • Trading Volume...

Financial Sector Dominates NGX with N4.2 Trillion Contribution in Five Years Sector Also Paid N466 Billion in Dividends in 2023 The financial sector has reinforced its dominance in the Nigerian Exchange Limited (NGX), contributing N4.2 trillion, which accounts for 51% of the total N8 trillion...

NGX Trading Summary for Thursday, January 23, 2025 At the close of trading on the Nigerian Stock Exchange (NGX) today, a total of 390.36 million shares were traded in 12,159 deals, amounting to a market value of NGN 21.44 billion. This represents a 45% increase in turnover and a 13% increase in...

NGX Market Recap for Wednesday, January 22, 2025 The Nigerian Exchange (NGX) closed today’s trading session with a mixed performance, recording a 10% decline in trading volume but a 75% surge in turnover compared to the previous session. Key Market Statistics: • Total Volume...

NGX Trading Summary for Tuesday, January 21, 2025 At the close of trading on Tuesday, January 21, 2025, the Nigerian Exchange (NGX) recorded a total of 439.6 million shares exchanged in 13,087 deals, with a total market turnover of NGN 8.48 billion. This marked a 24% increase in trading volume...

NGX Market Report: Trading Activity Sees Volume Increase but Turnover Declines Overview of Monday’s Trading Session (January 20, 2025) The Nigerian Exchange (NGX) kicked off the new trading week with a total of 353.37 million shares exchanged in 13,891 deals, amounting to a market value of NGN...

Stock Market Faces Heavy Sell-Off, Loses N1.45 Trillion in One Week The Nigerian stock market took a significant hit last week, shedding N1.45 trillion in market capitalization as investor sentiment weakened. The All-Share Index (ASI) declined by 2.94%, closing at 102,353.68 points, while the...

NGX Market Report for Friday, January 17, 2025 At the close of trading on Friday, January 17, 2025, the Nigerian Exchange (NGX) recorded a total of 327.84 million shares traded in 11,905 deals, with a market value of NGN 11.81 billion. This represents a 30% decline in trading volume, a 20%...

NGX Trading Summary – Thursday, January 16, 2025 At the close of trading on the Nigerian Stock Exchange (NGX) today, a total of 467.16 million shares were traded in 12,336 deals, amounting to a total market value of ₦14.75 billion. Market Performance Overview Compared to the previous trading...