Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
NGX
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BankingCapital MarketEconomyFinanceINVESTMENT
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BusinessCapital MarketEconomyFinanceINVESTMENTStock Market
NGX Closes Slightly Positive as Investors Trade Cautiously Amid Q3 Earnings Season
Trading on the Nigerian Exchange (NGX) closed on a mildly positive note on Wednesday as investors slowed down on bargain hunting despite the continued release of third-quarter (Q3) corporate earnings …
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BusinessCapital MarketEconomyFinanceINVESTMENTNigeria
NGX extends rally as investors gain ₦786bn amid strong performance in Seplat
Investors in the Nigerian Exchange Limited (NGX) kicked off the week on a positive note as bullish trading on Monday lifted the market capitalisation by ₦786bn to close at ₦91.9tn, …
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Economic DevelopmentFinanceFinancial InclusionINVESTMENTMarketsReal EstateStock Market
Real Estate vs Stock Where Should Nigerians Invest In 2025?
In the ever-shifting landscape of Nigerian wealth creation, one debate continues to dominate dinner tables, boardrooms, and WhatsApp groups alike: should Nigerians put their money into real estate or stocks …
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BankingBusinessCapital MarketEconomyINVESTMENTMarketsNews
Nigerian Stock Market Loses N322bn as Bearish Trend Persists
The Nigerian Exchange (NGX) on Tuesday extended its bearish run as investors retreated from select equities, wiping out N322 billion from the total market value. At the close of trading, …
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BankingEconomyINVESTMENTManufacturing & Consumer GoodsOil & GasStock Market
Nigerian Stock Market Rebounds with N986bn Gain as Investors Regain Confidence
The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …
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BusinessCorporate GovernanceFinanceInsuranceLeadershipNigeriaStock Market
Cornerstone Insurance Reshuffles Board, Appoints Omonkhogbe as Non-Executive Director
Cornerstone Insurance Plc has announced changes to its board of directors, with the exit of Mr. Emeka Anthony Ogbechie and the appointment of Mr. Ejakhaluse Zoe Omonkhogbe as a Non-Executive …
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Banking, Finance & InvestmentBusinessEconomy
NGX Market Closes Flat Despite N67bn Gain Amid Mixed Sentiment
The Nigerian Exchange Limited (NGX) ended trading on a quiet note on Wednesday, gaining N67 billion in market capitalisation, even though overall trading activities dropped significantly. The day’s session reflected …
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Banking, Finance & InvestmentBusinessEconomy
Nigerian Stock Market Crosses N80trn Mark as Mid-Low Cap Stocks Drive Gains
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 …
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Banking, Finance & InvestmentEconomyInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeria
NGX Opens Week Strong with N193bn Gain
The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …