Nigerian stock market Archives - Freedom Online

Dangote Refinery Launches N2.15 Trillion IPO, Targets 10 Million Nigerian Investors

Robert Imoh — Mon, 07 Sep 2026 17:56:13 +0000

Dangote Petroleum Refinery has launched a N2.15 trillion Initial Public Offer (IPO) aimed at raising funds for expansion and allowing more Nigerians and Africans to become shareholders in the massive energy project. The offer was unveiled in Lagos on Monday by the company’s President, Aliko Dangote. Dangote said the share offer would open ownership of […]

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NGX Investors Gain ₦2.532tn as Weekly Share Turnover Hits 4.433bn

Robert Imoh — Sat, 25 Jul 2026 17:44:44 +0000

Investors on the Nigerian Exchange recorded a combined gain of ₦2.532 trillion during the trading week as the equities market extended its upward momentum. Weekly market figures released by Nigerian Exchange Limited showed that the benchmark All-Share Index increased by 1.60 per cent. The index ended the week at 247,357.40 points, rising from the 243,462.13 […]

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Nigerian Stock Market Loses N801bn as Profit-Taking Ends Three-Day Rally

Robert Imoh — Wed, 22 Jul 2026 19:57:06 +0000

The Nigerian stock market closed lower on Wednesday, wiping N801 billion from investors’ wealth as renewed profit-taking brought a three-session winning streak to an end. The downturn followed selling pressure in several large and mid-cap stocks, including Nestlé Nigeria, BUA Foods, Mecure Industries, International Energy Insurance and UAC of Nigeria. At the close of trading, […]

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Nigerian Stock Market Loses ₦1.8trn as Investors Trade 3.8bn Share

Robert Imoh — Sat, 04 Jul 2026 17:11:06 +0000

The Nigerian equities market ended the week on a negative note as the Nigerian Exchange Limited recorded a decline in both the All-Share Index and market capitalisation. At the close of weekly trading, the NGX All-Share Index fell by 1.21 per cent to settle at 229,240.34 points. Market capitalisation also dropped to ₦147.103 trillion, representing […]

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Nigerian Stock Market Loses N758 Billion as Bearish Trend Continues on NGX

Robert Imoh — Thu, 18 Jun 2026 13:18:46 +0000

The Nigerian equities market closed Wednesday’s trading session in negative territory, extending its losing streak to four consecutive days as investors suffered a combined loss of N758 billion. The downturn was driven by widespread profit-taking in major mid- and large-cap stocks across key sectors of the Nigerian Exchange (NGX). Market capitalisation fell by 0.49 per […]

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Guinness Nigeria Hits N1 Trillion Market Capitalisation on NGX

Robert Imoh — Tue, 14 Apr 2026 14:14:44 +0000

Guinness Nigeria Plc has achieved a major milestone on the Nigerian Exchange (NGX), crossing the N1 trillion market capitalisation threshold amid strong investor confidence and improved financial performance. The company disclosed this development in a statement released in Lagos, highlighting sustained growth and positive market sentiment. Recent market data shows that Guinness Nigeria’s valuation reached […]

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