NGX – City Business News

March 3, 2026 No Responses

NGX Group Appoints Olaniyan As Group Chief Strategy Officer

Nigerian Exchange Group Plc (NGX Group) has announced the appointment of Ms. Jumoke Olaniyan as Group Chief Strategy Officer, further strengthening its executive leadership as the Group advances its next phase of strategic growth, digital transformation, product innovation and market...

February 27, 2026 No Responses

Profit-Taking Drags NGX Down By N515b

The Nigerian stock market sustained skidding profile on Thursday, declining by 0.41 per cent and wiping out N515 billion in investors’ wealth.Sustained profit-taking in consumer goods, banking and insurance stocks weighed heavily on the market, with notable ...

February 26, 2026 No Responses

NGX Sheds N74b As Sell Pressure Weighs On Major Stocks

The Nigerian equities market remained in negative territory on Wednesday, as investors lost N74 billion amid sustained sell pressure across major stocks on the Nigerian Exchange Limited (NGX).The downturn was largely driven by losses recorded in RT Briscoe, AB...

February 2, 2026 No Responses

2026: Arthur Steven Projects 45.9% Gain for Nigerian Equities

The Managing Director of Arthur Steven Asset Management Limited and former president of Chartered Institute of Stockbrokers (CIS), Mr. Olatunde Amolegbe, has projected a 45.9 per cent return for Nigerian equities in the 2026 financial year, citing improving ma...

January 28, 2026 No Responses

NGX Group CEO: Inclusion, Tech Driving Transformation Of Nigeria’s Capital Market

By ebosele@hotmail.com. – Nigeria’s capital market is consolidating its position as a structured gateway to the African market, driven by macroeconomic reforms, expanding digital platforms and growing investor participation, the Group Chief Executive O...

January 19, 2026 No Responses

At NGX Climate Roundtable, Seplat Energy Champions Net-Zero Pathways

By ebosele@hotmail.com – Seplat Energy Plc has reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, while stressing the need for operators to conduct their activities responsibly, efficiently, and sustainably.This ...

January 17, 2026 No Responses

Stocks Close Higher As NGX Records N30b Gain

The Nigerian stock market rebounded on Friday, recovering from the previous session’s downturn as investors’ portfolios appreciated by about N30 billion.The positive performance was driven by gains in stocks such as Red Star Express, NCR Nigeria, SCOA and ...

January 13, 2026 No Responses

United Capital Boosts Infrastructure Fund With Four Senior Professionals

United Capital Plc has appointed four seasoned infrastructure investment professionals as independent members of the Investment Committee of the United Capital Infrastructure Fund (UCIF), in a move aimed at repositioning the fund to seize emerging infrastructu...

January 8, 2026 No Responses

Tinubu Applauds NGX N100trillion Milestone

President Bola Tinubu has praised corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the N100 trillion milestone on the Nigerian Exchange (NGX).President Tinubu described this record achievement as an inspiration ...

January 5, 2026 No Responses

NGX Market Capitalisation Attains ₦100 Trillion Milestone

Nigerian Exchange (NGX) opened the year on a strong footing, with equities market capitalisation crossing the ₦100 trillion mark, buoyed by renewed investor demand and broad-based gains across listed stocks.Market data showed that equities market capitalisat...

December 19, 2025 No Responses

CSCS Appoints Shehu Shantali As New CEO

By ebosele@hotmail.com The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr. Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to the receipt of regulatory no-objection.City Business N...

December 14, 2025 No Responses

Stakeholders Task Regulators On ISA 2025 Implementation

President of the Independent Shareholders Association of Nigeria (ISAN), Moses Igbrude, has emphasised the need for efficient and impartial implementation of the Investments and Securities Act (ISA) 2025 to drive sustainable growth in the nation’s capital ma...

December 8, 2025 No Responses

FG, SEC, NGX Group Align On Unified Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy Implementation Committee (NTPIC), marking a deliberate shift toward a more predictable and market-aligned rollout of the newly enacted Capital-Gains-Tax (CGT) provisions.The move follows extensive ...

December 7, 2025 No Responses

SEC, NGX Group Hail ISA 2025 As Catalyst For Stronger Capital Market

The Securities and Exchange Commission (SEC) and the Nigerian Exchange Group (NGX Group) have affirmed that the newly enacted Investments and Securities Act (ISA) 2025, signed into law by President Bola Tinubu, will play a pivotal role in driving Nigeria’s.....