Lagos, Nigeria – January 7, 2026: The Nigerian Exchange (NGX) extended its positive momentum into the new trading year on Tuesday, with sustained buying interest across key stocks lifting total market capitalization by N468 billion, reinforcing investor optimism and keeping the market above the N100 trillion milestone. At the close of trading, total equities market…
Foreign portfolio investors have returned to the Nigerian Exchange Limited (NGX) in record numbers, with transactions reaching N2.03tn as of October 2025—exceeding all annual foreign investment totals recorded since 2007. This is according to the latest Domestic & Foreign Portfolio Investment Report released by the NGX, which shows that foreign investor activity in 2025 has…
The Nigerian equities market took a hit on Tuesday, shedding N326 billion as the market capitalisation fell from N89.524 trillion to N89.198 trillion. The All-Share Index (ASI) also dropped by 568.62 points, closing at 140,929.60. The dip was largely driven by profit-taking in major stocks such as Dangote Sugar (-10%), Wema Bank (-8.27%), Secure Electronic…
Despite a challenging financial landscape shaped by market volatility, regulatory shifts, and evolving customer demands, FirstHoldCo Plc has posted a strong half-year performance, reinforcing its status as Nigeria’s leading financial institution. The Group’s results reflect solid fundamentals, a resilient business model, and effective execution of strategic priorities. In its unaudited consolidated financial statements for the…
The Nigerian stock market experienced a significant boost in equity trading activity in June 2025, with total transactions reaching ₦778.65 billion, a 120% year-on-year increase from ₦354.55 billion recorded in June 2024. According to data released Tuesday by the Nigerian Exchange Limited (NGX), the surge was primarily driven by heightened domestic investor participation, which accounted…
Guaranty Trust Holding Company (GTCO) has made history as the first publicly listed financial institution in Nigeria to surpass the ₦100 per share milestone on the Nigerian Exchange Limited (NGX). On Wednesday, GTCO’s stock closed at ₦101.00 per share, marking a 7.62% increase from its opening price of ₦93.85. This surge reflects growing investor confidence,…
