Stock Market – City Business News

March 26, 2026 No Responses

Nigerian Stock Market Extends Rally, Investors Gain N141b

The Nigerian stock market sustained its bullish momentum on Wednesday, advancing by 0.11 per cent as investors recorded a gain of N141 billion.The positive performance was driven by sustained investor interest in stocks such as Legend Internet, Zichis Agro Allied...

March 24, 2026 No Responses

Stock Market Sheds N1.38trn Amid Profit-Taking Pressure

The Nigerian equities market opened the week on a negative note on Monday, as market capitalisation dropped significantly by N1.375 trillion, or 1.07 per cent.The downturn was primarily driven by losses in key stocks, including Consolidated Hallmark Holdings, ...

March 18, 2026 No Responses

Stock Market Rally Yields N687b Gain For Investors

The Nigerian stock market sustained its bullish run on Tuesday, as investors gained N687 billion amid continued buying interest in key equities.The positive sentiment was driven by strong performances in high-capitalised stocks, including BUA Cement, Premier P...

March 11, 2026 No Responses

Stock Market Drops As Investors Lose N726b

The Nigerian stock market closed on a negative note on Tuesday, reversing gains recorded in the previous trading session as investors lost N726 billion in market value.The downturn ended a three-day bullish streak in the market and was driven largely...

March 6, 2026 No Responses

Nigerian Stocks Rebound, Investors Gain N220b

The Nigerian equities market on Thursday rebounded from a one-day slump, adding about N220 billion to investors’ portfolios as buying interest returned to several stocks across key sectors.Market data showed that the market capitalisation rose by 0.18 per ce...

January 9, 2026 No Responses

Nigerian Stock Market Sustains Growth With N138b Gain

The stock market on Thursday sustained its upward trend, with market capitalisation rising by N138 billion, or 0.13 per cent, to close at N102.822 trillion.The benchmark opened trading at N102.684 trillion, reflecting continued investor confidence and extendin...

December 23, 2025 No Responses

Investors Sustain Optimism As Equities Gain N257b

The Nigerian equities market sustained a positive performance on Monday as investors added N257 billion to their portfolios.The continued uptick was as a result of increased interest in stocks like Aluminium Extrusion Industries, International Energy Insurance...

September 6, 2025 No Responses

Stock Market Investors Trade N90.3b Equities In Four Days

Stock market investors traded 3.117 billion shares worth N90.295 billion in 118,018 transactions on the Exchange during the week just ended.This compares with 3.199 billion shares valued at N85.399 billion exchanged last week in 142,477 deals.Consequently, the...

September 3, 2025 6 Responses

BPE To List DisCos, GenCo On Stock Market

The Bureau of Public Enterprises (BPE) has announced plans to list two electricity Distribution Companies (DisCos) and one Generation Company (GenCo) on the Nigerian Stock Exchange through an Initial Public Offering (IPO).BPE Director-General, Mr Ayodeji Gbele...

March 12, 2025 No Responses

ABC Transport Shares Sustains Momentum As Diversification Excites Investors

ABC Transport Plc has experienced a significant uptick in its stock performance, with shares rising 22% year-to-date, climbing from N1.23 at the start of January to N1.50 as of March 11, 2025. This surge has elevated the company’s market capitaliza...

August 3, 2024 No Responses

Capital Market Investors Recover N219b

The equity market rebounded on Friday with N219 billion gain, closing the week’s trading sessions on a positive note in spite of the nationwide protests. The major drivers of the market’s positive performance included Zenith Bank, Access Corporation, Fidel...

January 9, 2024 No Responses

UBA Surpasses N1 Trillion Market Capitalisation Mark

United Bank for Africa (UBA) Plc has joined the group of companies with market capitalisation of over N1 trillion, as its share price value hits N29.90 per share. At the close of trading of the Nigerian Exchange Ltd. (NGX) on...

October 25, 2023 No Responses

NGX, Partners Boost Capital Market Operators Capacity On Single Stock Futures

Nigerian Exchange Limited has held a workshop to inform market stakeholders about NGX’s Single Stock Futures product launch and close the knowledge gap around the asset class as it aims to deepen the Nigerian capital market. Single stock futures (S...

August 29, 2023 No Responses

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...