NGX urges Kano SMEs to leverage capital market for growth

The Nigerian Exchange Group (NGX) has called on Small and Medium Enterprises (SMEs) in Kano to explore opportunities in the capital market as a pathway to business expansion and long-term wealth creation. Speaking on the sidelines of a stakeholders’ meeting themed “Unlocking Growth: Harnessing the Capital Market for SME Growth,” NGX Chairman, Umaru Kwairanga, emphasised…

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Nigerian stocks gain ₦884bn as market extends bullish run

By Seun Ibiyemi The Nigerian equities market closed on a positive note on Tuesday, with investors gaining ₦884 billion amid renewed buying interest in key stocks. Market capitalisation on the Nigerian Exchange Group rose by 0.67 per cent, increasing from ₦131.608 trillion to ₦132.492 trillion. Similarly, the All-Share Index advanced by 1,372.52 points, or 0.67…

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All-Share index rises as market gains N390bn on FTSE reclassification boost

By Seun Ibiyemi The Nigerian equities market closed on a bullish note on Wednesday, with investors gaining N390 billion following renewed buying interest driven by strong corporate earnings and positive global signals. Market performance was buoyed by the release of full-year 2025 financial results by listed companies, as well as Nigeria’s reclassification by FTSE Russell…

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Stock market gains N208bn as trading resumes after easter break

By Seun Ibiyemi The Nigerian Exchange (NGX) resumed trading on Tuesday following the Easter holiday with a positive performance, as investors collectively gained N208 billion. The market rally was fueled by buying interest in stocks including Trans-Nationwide Express, Omatek Ventures, Cadbury Nigeria, First Holding Company, and Fortis Global Insurance among others. Market capitalisation increased by…

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NEM Insurance reports N27.98bn pretax profit, declares higher dividend despite earnings dip

NEM Insurance Plc has reported a profit before tax of N27.98 billion for the 2025 financial year, representing a 17 per cent decline from the N33.70 billion recorded in 2024. The performance was disclosed in the company’s audited financial statements for the year ended December 31, 2025, reflecting the impact of rising claims, reinsurance costs,…

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Stock market slips by N3bn on profit-taking despite positive breadth

By Seun Ibiyemi The Nigerian stock market closed on a bearish note on Thursday, shedding N3 billion in market value as investors engaged in mild profit-taking across key equities. Market performance was dragged down by sell-offs in stocks such as John Holt, Abbey Mortgage Bank, International Energy Insurance, CHAMS, and Tantalizers, among others. At the…

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Stock market records N33.3bn turnover amid continued rally

By Seun Ibiyemi The Nigerian stock market maintained its positive momentum on Wednesday, transacting 815.48 million shares valued at N33.3 billion across 52,641 deals, even as overall trading volume dipped compared to Tuesday. Leading activity on the trading floor were Wema Bank with 77.75 million shares worth N2.03 billion, Guaranty Trust Holding Company with 73.7…

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Equities bounce back, investors gain N516bn on MTN, Multiverse, PZ Cussons

By Seun Ibiyemi The Nigerian stock market rebounded on Tuesday, gaining 0.40 per cent as investors added N516 billion, reversing losses recorded in the previous two trading sessions. Renewed interest in stocks including Multiverse Mining, International Energy Insurance, CHAMS, MTN Nigeria, and PZ Cussons, among 15 other gainers, helped the market close in positive territory….

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