ngx

Nigerian Stock Exchange (NGX) 2024: A Year of Transformation and Milestones Hello Stock Market Enthusiasts. The year 2024 was a landmark one for the Nigerian Stock Exchange (NGX), showcasing remarkable growth, strategic listings, record-breaking performances, and resilience amidst economic...

Detailed Breakdown of NGX Trading Summary for Thursday, January 9, 2025 Market Activity Overview • Total Volume Traded: 489,525,129 shares. • Number of Deals: 13,010. • Market Value: NGN 13,068,723,544.20. • Market Capitalization: NGN 64.4 trillion. Comparative Analysis (vs...

Strengthening Local Governance Financing: SEC’s Borrowing Framework for LGAs and Corporates Introduction The Securities and Exchange Commission (SEC) is making strides to revolutionize Nigeria’s financial landscape by introducing a robust borrowing framework aimed at bolstering financial...

NGX Trading Summary for Wednesday, January 8, 2025 The Nigerian Stock Exchange (NGX) experienced a mixed trading session today. Below are the detailed highlights of the day’s activities: Market Overview • Total Shares Traded: 639,480,210 shares • Total Deals Executed: 13,550 • Market...

2025: A Transformative Year for Nigerian Banking – Recapitalisation, Mergers & Resilience The Nigerian banking sector is on the brink of significant transformation as the Central Bank of Nigeria (CBN) mandates new capital requirements for banks. With a March 2026 deadline, 2025 is shaping up...

N2.2 Trillion Boost: 11 Firms Tap Capital Market Amid Economic Challenges Details: In a bold move to navigate Nigeria’s challenging economic landscape, 11 listed companies raised over N2.2 trillion in fresh capital on the Nigerian Exchange Limited (NGX) in 2024. The funds, aimed at addressing...

NGX Trading Summary for Tuesday, January 7, 2025 Trading Activity Overview At the close of the day’s trading on the Nigerian Stock Exchange (NGX): • Shares Traded: 1,112,216,698 shares • Total Deals: 16,617 • Market Value: NGN 14.64 billion • Market Capitalization: NGN 63.1 trillion...

NGX Trading Summary for Monday, January 6, 2025 The Nigerian Stock Exchange (NGX) started the week with notable improvements in trading activity, reflecting increased investor participation across key metrics. Market Performance Overview • Total Volume of Shares Traded: 855,965,099 shares...

NGX Records Massive N1.25tn Growth in One Week The Nigerian Exchange (NGX) started the year with a bang, as investors witnessed a significant N1.25 trillion gain in just one week! Here’s a breakdown of the highlights from the equity market’s performance last week: Market Overview •...

NGX Trading Summary for Friday, January 3, 2025 At the close of trading on the Nigerian Stock Exchange (NGX), the following key metrics were recorded: • Volume of Trades: 709,279,301 shares • Number of Deals: 13,593 • Market Value: NGN 8,243,483,368.39 • Market Capitalization: NGN 63.2...

2024 Market Laggards: Five Listed Firms Suffer Over 30% Share Price Decline While the Nigerian Exchange Limited (NGX) celebrated a strong year of growth in 2024, with the All-Share Index (ASI) soaring by 37% and market capitalization gaining ₦22 trillion, five listed companies endured sharp...

Nigerian Capital Market Raises N2 Trillion in 2024: ASHON Praises Growth and Resilience The Association of Securities Dealing Houses of Nigeria (ASHON) has applauded the Nigerian capital market for raising an impressive ₦2 trillion in the primary market in 2024. Highlights from the...

NGX Launches Equity-Based Commodity Index and Announces Index Updates The Nigerian Exchange Limited (NGX) has unveiled a new market index, the Equity-Based Commodity Index, designed to track the performance of companies primarily operating in the energy, agriculture, mining, metals, and...

NGX Trading Summary for Thursday, January 2, 2025 Today’s trading session on the Nigerian Exchange (NGX) recorded significant activity, with 829,754,438 shares traded across 11,752 deals, amounting to a total market value of NGN 5,666,568,514.11. Key Comparisons to Previous Trading Session...

Investors Rush to Government Debt as Rising Rates Squeeze Corporates Nigerian Companies Face Funding Challenges in 2024 Investors in Nigeria have increasingly turned to government debt instruments, lured by high yields, leaving private firms struggling to secure funds in 2024. Here’s a...

NGX All-Share Index Surges 283.45% Since 2020! ✨ The Nigerian Exchange Limited (NGX) has achieved remarkable growth in the 2020s, recovering strongly from a challenging 2015–2019 period. Here’s a breakdown of the key highlights: Key Numbers • All-Share Index (ASI): Soared 283.45%...

Consumer Goods Giants Hit Milestone: N10 Trillion Market Cap ✨ Eleven major players in Nigeria’s consumer goods sector have reached a groundbreaking N10.1 trillion in market capitalization, according to the latest data from the Nigerian Exchange Limited (NGX) as of December 31, 2024. Here’s the...

NGX Trading Summary for Monday, December 30, 2024 Here is a detailed breakdown of the trading activity on the Nigerian Stock Exchange (NGX) for the first weekday of trading: Market Activity Overview • Total Volume Traded: 641,117,293 shares • Total Value Traded: NGN...

Nigerian Stock Market’s Remarkable 2024: Unlocking Growth Potential for 2025 The Nigerian stock market achieved an extraordinary 37% year-to-date (YTD) gain in 2024, marking it as one of Africa’s top-performing financial markets. However, sustaining this success in 2025 will require deliberate...

NGX Trading Summary for Friday, December 27, 2024 Market Performance Overview: At the close of trading on Friday, December 27, 2024, the Nigerian Stock Exchange (NGX) recorded a total of 443,732,608 shares traded across 12,551 deals, amounting to a market value of NGN 15.09 billion. This...