The Nigerian stock market crossed a major milestone, as the market capitalization hit a new high of N80.144 trillion, showing strong investor confidence, especially in mid- and low-cap stocks. This …
MARKET CAPITALISATION
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Banking, Finance & InvestmentBusinessEconomy
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Banking, Finance & InvestmentEconomyFinance & ServicesInsuranceMarketsNigeriaOil & Gas
Nigerian Stock Market Gains N1.18tn in One Day as Insurance
The Nigerian Exchange (NGX) closed strong on Wednesday, 19 June 2025, with investors showing renewed interest in insurance and oil and gas stocks, pushing the market capitalisation up by ₦1.18 …
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Banking, Finance & InvestmentBusinessFinance & ServicesInnovationINVESTMENTSouth AfricaTechnology
Capitec Becomes South Africa’s Biggest Bank by Market Value, Overtakes Standard Bank
Capitec Bank has overtaken some of South Africa’s oldest and biggest financial institutions to become the country’s most valuable bank by market capitalisation. The bank, which was founded in 2001 …
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BusinessEconomyFinance & ServicesMarketsOil & Gas
Nigerian Equities Market Hits ₦71 Trillion as Oando, 30 Stocks Drive Gains Amid Oil & Gas Sector Slump
The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Gains N1.71tn in One Week as Investor Confidence Grows
The Nigerian Exchange Limited (NGX) ended the past trading week on a bullish note, recording a sharp rise in investor sentiment that led to a N1.71 trillion boost in market …
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BusinessINVESTMENTMarketsNewsNigeria
Nigerian Stock Market Hits N70 Trillion Milestone as Bulls Maintain Momentum
The Nigerian stock market continued its bullish run this week as investor confidence pushed the market capitalisation of the Nigerian Exchange Limited (NGX) past the N70 trillion threshold for the …
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EconomyEnergyINVESTMENTMarketsNigeriaPolicies
NGX Ends Bullish Streak as Investors Lose N202 Billion After CBN Holds Interest Rate
The Nigerian Exchange Limited (NGX) closed last week on a bearish note, breaking its four-week bullish streak, as investors’ wealth declined by N202 billion. This downturn followed the Central Bank …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Sheds N274bn Amid Sell-offs in Large, Mid-Cap Equities
The Nigerian Exchange Limited (NGX) closed Thursday’s trading session in the red, as widespread sell-offs in mid- and large-cap stocks led to a loss of N274 billion in market value. …
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Banking, Finance & InvestmentEconomyINVESTMENTINVESTMENTMarketsNestleNigeria
Nestle, 30 Others Lift NGX as Market Gains N21bn Amid CBN Rate Hold
Trading at the Nigerian Exchange Limited (NGX) closed on a positive note on Tuesday, as gains in 31 stocks, led by Nestle Nigeria Plc, added ₦21 billion to the market …
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AfricaBusinessBusiness InsightsEconomyHealthcareMarketsNigeriaWestern Africa
Fidson Hits ₦44.64bn Market Capitalisation, Celebrates 30 Years with Record Growth
Fidson Healthcare Plc has reached a major milestone in its 30th anniversary year, hitting a market capitalisation of N44.64 billion as of April 2025. The indigenous pharmaceutical manufacturer also reported …