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Market Updates

Market Updates

Banking stock rally drives 2.78% NGX weekly growth

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Banking stock rally drives 2.78% NGX weekly growth Broad-based demand for financial equities lifted the NGX All-Share Index by 2.78 per cent to 249,804.60 points. Strong trading volumes and sustained position-taking in banking stocks offset losses in power and industrial tickers to anchor the weekly rally, JIDE AJIA reports Trading...
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Seplat, UPDC drive N238bn rebound on NGX

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The Nigerian equities market closed on a positive note on Thursday as renewed buyinginterest in heavyweight energy, banking, and printing equities lifted key performanceindicators. Specifically, the All-Share Index advanced by 369.05 basis points, or 0.15 percent, to close at 246,388.22 bps, compared with the previous day’s close of 246,019.17bps.Consequently, the...
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Equity market value hits record N159.89tn

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Trading activities on the floor of the Nigerian Exchange Limited closed on a bullish note on Thursday, as market capitalisation surged to a record N159.89tn following sustained buying interest across key sectors. The local bourse posted strong gains over the trading period spanning 11 September to 17 September, 2026, pushing...
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Capital market ecosystem to converge in Lagos

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The PEARL Awards, Nigeria’s foremost platform for rewarding corporate performance in the capital market, is set to hold on Sunday, 29 November, 2026, in Lagos, under the theme ‘Celebrating Excellence, Inspiring the Future.’ In a release issued by the PEARL Awards Project Manager, Olisemeka Obi, on Thursday, the President and...
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CeBIH elects new exco

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The Committee of e-Business Industry Heads has elected a new Executive Committee led by Mrs Abidemi Asunmo as Chairman, with a mandate to deepen collaboration, strengthen advocacy, and drive innovation across Nigeria’s financial and payments ecosystem. Asunmo, who is the Group Head of e-Business and Transaction Banking at PremiumTrust Bank,...
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