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Tag: Nigerian Exchange

Nigerian Stocks
July 28, 2026
Investment

How Nigeria’s Stock Market Added ₦74.1 Trillion in One Year

Nigeria’s stock market added ₦74.1 trillion in value within one year as major stocks surged and investor confidence improved. Experts explain what is driving the rally and whether it can

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Femi Otedola Raises First HoldCo Stake by ₦2.01bn
July 16, 2026
Business

Why Otedola’s $530 Million First HoldCo Investment Matters to Nigeria’s Banking Sector

Nigerian billionaire Femi Otedola has strengthened his position in First HoldCo after a sharp rise in the company’s share price lifted the value of his stake to about $530 million.

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July 15, 2026
Business

Why FirstHoldCo and Seplat Dominated ₦32.73bn in Major NGX Trades

FirstHoldCo and Seplat dominated ₦32.73 billion in major NGX transactions as institutional investors increased activity in large-cap stocks

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Airtel Nigeria Supports Higher Prices as Costs Rise by Over 300%
July 9, 2026
Business

Airtel Africa Drives NGX Rally as Market Gains ₦3.45tn

Airtel Africa led a powerful rebound on the Nigerian Exchange as investors pushed the telecom stock to a fresh record close of ₦5,801.40. The stock gained the maximum 10% allowed

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NGX Fines Five Stockbrokers ₦291 Million Over Market Manipulation Violations
March 31, 2026
Business, Investment

NGX Fines Five Stockbrokers ₦291 Million Over Market Manipulation Violations

In a significant enforcement action aimed at improving market integrity, the Nigerian Exchange Regulation Limited (NGX RegCo) has sanctioned five major stockbroking firms for engaging in banned trading activities. These

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