Nigerian Exchange News
Latest articles and news about Nigerian Exchange on AXL Media.
Latest Articles
- Dangote Cement Reports Explosive Q1 2026 Growth as Pretax Profit Surges 35% to ₦421.1bn
Published: Apr 30, 2026
Section: Africa
Dangote Cement Plc has announced a stellar financial performance for the first quarter of 2026, with revenue climbing to ₦1.19 trillion. Driven by a significant increase in sales v...
- NGX Market Capitalization Hits N145.3 Trillion as Investors Secure N5.5 Trillion Weekly Gain
Published: Apr 25, 2026
Section: Africa
The Nigerian equities market maintained a bullish trajectory throughout the week ending April 25, 2026, with the All-Share Index appreciating by nearly 4%. Financial services domin...
- UBA Fortifies Balance Sheet with 9.4% Asset Growth to N33.2 Trillion Amid Strategic Recapitalization and Pan-African Expansion
Published: Apr 25, 2026
Section: Africa
United Bank for Africa (UBA) Plc has reported its 2025 audited financial results, showing total assets reaching N33.2 trillion and a robust capital adequacy ratio of 23.2%. Despite...
- Nigerian Equity Market Surges as Investors Gain 609 Billion in Robust Monday Trading
Published: Apr 21, 2026
Section: Africa
The Nigerian Exchange (NGX) continued its positive trajectory on Monday, with the All-Share Index rising 0.44% to close at 218,113.84 points. Market capitalization increased by N60...
- Nigerian Equities Surge N1.36 Trillion as ASI Crosses 203,770 Point Benchmark Led by GTCO and NGX Group
Published: Apr 13, 2026
Section: Africa
The Nigerian capital market added N1.36 trillion in value last week as the All Share Index climbed 1.03 percent to close at 203,770.43 points on April 10, 2026. Major gains from Tr...
- FTSE Russell Restores Nigeria to Frontier Market Status with Analysts Projecting $1 Billion in Fresh Foreign Capital Inflows
Published: Apr 10, 2026
Section: Africa
Global index provider FTSE Russell confirmed Nigeria’s reclassification from "Unclassified" to Frontier Market status effective September 2026. Analysts at Cordros Research predict...
- Nigeria Returns to FTSE Frontier Market Status Following Major Infrastructure and Governance Reforms
Published: Apr 9, 2026
Section: Africa
Global index provider FTSE Russell has officially reinstated Nigeria to its Frontier Market status, effective September 2026. The reclassification follows an interim review that re...
- FTSE Russell Upgrades Nigeria to Frontier Market Status Following Major Regulatory and Infrastructure Improvements
Published: Apr 8, 2026
Section: Africa
FTSE Russell has officially restored Nigeria to its Frontier Market index after a successful interim review in March 2026. The reclassification follows significant upgrades to the...
- Banking recapitalisation milestone: 33 banks raise 4.65 trillion Naira to power Nigeria’s 1 trillion dollar economic target
Published: Apr 6, 2026
Section: Africa
Following the conclusion of the two year banking recapitalisation exercise on March 31, 2026, the Central Bank of Nigeria (CBN) has confirmed that 33 resilient banks successfully r...
- Nigerian Stock Exchange Gains N599 Billion as All-Share Index Surpasses 200,000 Point Milestone
Published: Apr 2, 2026
Section: Africa
The Nigerian Exchange continued its upward trajectory on Wednesday, with the All-Share Index rising 0.21% to close at an unprecedented 201,703.55 points. Market capitalization surg...
- Nigerian Equities Market Rebounds as All Share Index Gains 0.40 Percent and Investors Net N516 Billion
Published: Apr 1, 2026
Section: Africa
The Nigerian Exchange reversed a two session losing streak on Tuesday, with the market capitalization climbing to N129.210 trillion. Despite a negative market breadth that saw 50 d...
- TotalEnergies Marketing Nigeria Plc Reports Twenty Six Percent Revenue Decline and Twelve Billion Naira Annual Loss
Published: Mar 31, 2026
Section: Africa
TotalEnergies Marketing Nigeria Plc has disclosed a significant financial downturn in its 2025 audited statements, with revenue falling to N767.63 billion. The energy firm shifted...