Nigerian stocks lose N41 billion as large caps drag market lower
Trading on the Nigerian Exchange Limited (NGX) on Wednesday, reversed earlier gains with the equities market closing marginally lower as losses in large and medium-capitalised stocks outweighed broad-based buying interest. The All-Share Index (ASI) declined 63.46 points, representing a 0.03%... Read More →
NGX dividend stocks: 4 qualification dates to watch as PZ offers N2.50
Four companies listed on the Nigerian Exchange have dividend qualification dates scheduled across September and October 2026, giving eligible shareholders the opportunity to receive payouts from the companies before the year ends. This is according to corporate disclosures filed with... Read More →
SEC proposes N3 billion minimum capital for forex brokers, N5 billion for trading platforms
The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market.... Read More →
Best performing stocks for the month of August 2026
Nigerian equities closed August 2026 on a mixed note, with the benchmark NGX All-Share Index (ASI) declining 0.44% over the month, even as a strong finish on the final trading day largely driven by banking and consumer goods sector gains... Read More →
BREAKING: Tony Elumelu’s stake in Seplat now worth $1.28 billion
The Chairman of Heirs Group, Mr. Tony O. Elumelu’s stake in Seplat Energy Plc, held indirectly through Heirs Energies Ltd and Heirs Holdings Ltd, is now worth approximately $1.28 billion. This latest valuation is based on Seplat’s Tuesday, September 1,... Read More →
Nigerian equities extend rally as ASI crosses 246,000 points, gain N1.22 trillion
The Nigerian equities market sustained its bullish momentum on Tuesday, September 1, 2026, with the benchmark NGX All-Share Index (ASI) rising above the 246,000-point mark once again since August 11 when it closed at 246,723.57 points, extending gains from the... Read More →
FTN Cocoa, McNichols drive N26.5bn gain for investors
Trading activities on the floor of the Nigerian Exchange Limited closed on a positive note on Tuesday, driven by investor demand for agricultural and consumer goods stocks. The benchmark market capitalisation rose as key equities posted gains, led by FTN... Read More →
NGX ASI rises 1.20% on final August trading day
The Nigerian Exchange Limited ended August on a resilient note as a late buying surge pushed the All-Share Index up 1.20 per cent on the final trading day, cementing a year-to-date return of 56.93 per cent despite profit-taking and portfolio... Read More →
Firm launches in Nigeria to drive strategic execution
Management consulting firm, DAC Consulting, has officially commenced operations in Nigeria, unveiling an integrated 360-degree approach to help organisations bridge the critical gap between strategic planning and execution. The firm explained that its establishment was driven by the need to... Read More →
PFAs, insurers targeted as IIF mobilises SME capital
The Impact Investors Foundation has announced plans to host its 9th Annual Convening on Impact Investing in Lagos, aimed at unlocking domestic institutional capital from Pension Fund Administrators, insurance companies, and sovereign wealth vehicles to finance small and medium-sized enterprises... Read More →









