By Seun Ibiyemi Nigeria’s equities market recorded a 42 per cent increase in trading activity in January 2026 on a year-on-year basis, even as monthly transactions fell sharply compared to December 2025, data from the Nigerian Exchange Ltd. (NGX) showed.Stock market gains N6.79trn as NGX All-Share index climbs 6.16% Total market transactions rose to N862…
By Seun Ibiyemi United Bank for Africa Plc (UBA) has approved its Group Audited Consolidated and Separate Financial Statements for the year ended December 31, 2025, alongside a final dividend payment, subject to regulatory approval. In a corporate disclosure referencing its earlier announcement of January 2, 2026, the bank informed Nigerian Exchange Limited and the…
By Seun Ibiyemi Access Holdings Plc has announced that its Board of Directors has approved the Group’s Audited Consolidated and Separate Financial Statements for the year ended December 31, 2025, alongside a proposed dividend payment, subject to regulatory clearance.GTCO, Zeneth bank, others dominate NGX as trillion-naira club The decision was taken at the Board meeting…
By Seun Ibiyemi The Nigerian stock market opened the week on a strong footing on Monday as investors gained N804 billion, driven by renewed buying interest in key equities. Market capitalisation rose by N804 billion or 0.64 per cent to close at N125.968 trillion, up from N125.164 trillion recorded at the start of trading. Similarly,…
By Seun Ibiyemi The Chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has warned that weak governance of Artificial Intelligence (AI) systems could trigger capital flight, distort markets and erode investor confidence in Nigeria. Kwairanga gave the warning ober the weekend while delivering the opening address at the InnovateAI Conference Lagos 2026, stressing that the…
By Seun Ibiyemi Conoil Plc has announced the resignation of its Company Secretary, Mr. David Lanre-Leke, effective September 8, 2025. In a notice issued to shareholders, the Nigerian Exchange Limited (NGX), and the investing public, the company confirmed the development and expressed appreciation to Lanre-Leke for his services during his tenure. “The Board and Management…
By Adeyemi David Nigeria’s trillion-naira stocks are tightening their grip on the equities market, with just 25 companies accounting for N111.11 trillion out of the N124 trillion total market capitalisation on the Nigerian Exchange Limited (NGX). Out of 148 listed firms, GTCO tops value chart as equities market gains N1.698trncapital remains heavily concentrated in companies…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO) emerged as the most traded stock by value on Thursday as the Nigerian equities market extended its bullish rally, delivering a N1.698 trillion gain to investors. GTCO recorded the highest value of traded equities at N6.20 billion, accounting for 16.51 per cent of the total value…
By Adeyemi David The Nigerian equities market rebounded on Wednesday, adding N684 billion to investors’ portfolios as renewed buying interest in key stocks lifted overall performance. Market capitalisation rose from N121.552 trillion at the start of trading to N122.236 trillion at the close, while the Nigerian Exchange Limited All-Share Index advanced by 0.56 percent, or…
By Adeyemi David Oando Plc has notified its shareholders of an application submitted to the Nigerian Exchange Limited (NGX) on Friday, February 13, 2026, seeking approval to list a Rights Issue of 4,415,867,342 ordinary shares of 50 Kobo each at N50 per share. The Proposed Rights Issue will be offered on the basis of one…
