12 articles tagged with “Nigerian Exchange”
Nestlé Nigeria Plc returned to profitability with N166.8 billion pretax profit in 2025, reversing a N221.5 billion loss from 2024, even as the broader Nigerian equities market experienced sustained sell pressure resulting in N74 billion in investor losses.
Nigerian Exchange Group's regulatory arm issued advisories on unusual price movements while CEO Temi Popoola emphasized the need for multi-stakeholder collaboration to channel sustainable capital, as Legend Internet Plc's recent award highlights growing market confidence.
Nigeria's capital market capitalisation jumped 125% to approximately N123.75 trillion in twelve months, while a new petty traders grant programme offers N100,000 to micro-entrepreneurs as authorities pursue broad-based economic expansion.
MTN Nigeria shares surged to an all-time high of N780 per share following investor optimism over the IHS deal, while Dangote Cement made history with Nigeria's first commercial paper listing valued at ₦119.87 billion on the Nigerian Exchange.
Digital investment platforms are reshaping Nigeria's capital markets as fintech applications expand access to equity trading, drawing hundreds of thousands of first-time investors into the Nigerian Exchange.
The Nigerian Exchange closed 1,106.72 points higher at 190,427.96 on February 18, driven by sustained buying interest with FCMB Group emerging as the most actively traded stock in a session valued at N35.8 billion.
As Dangote Cement becomes the first issuer to list commercial paper on the Nigerian Exchange, the country's financial infrastructure undergoes a transformation marked by cashless mandates and regulatory pressure on cryptocurrency firms.
Nigeria's stock market reached an all-time high of N122 trillion in early February trading, while technical indicators suggest caution. Separately, DStv's SuperSport division confronts operational changes under Canal+ ownership.
The Nigerian Exchange recorded its strongest single-day performance in 2026, surging 4.36% to close above 190,000 points for the first time, while 26 companies now hold trillion-naira valuations with combined market capitalization of N110.54 trillion.
PenCom's upward revision of equity exposure limits for retirement savings funds could release nearly N1 trillion in immediate liquidity into the Nigerian Exchange, while parallel reforms in tax administration and regional banking policy signal broader structural shifts across West Africa's largest economy.
The Nigerian Exchange surged 4.36% to close at 190,262.44 points on February 16, 2026, marking its first breach of the 190,000 threshold as 26 companies now classified as SWOOTs command N110.54 trillion in combined market capitalization.
Six major Nigerian deposit money banks reported combined customer loans of N33.99 trillion, marking 9.2% growth despite intensifying fintech competition, while the stock market advanced N6.79 trillion week-on-week following pension fund equity limit increases.