The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Nigeria’s equities market recorded one of its notable weeks for corporate actions as six listed companies admitted a combined 14.44 billion additional shares on the Nigerian Exchange (NGX), highlighting continued efforts by businesses to strengthen capital positions, restructure liabilities and meet evolving industry requirements. The supplementary listings, completed during the week ended September 4,…
Nigerian Exchange Group started corporate baseline climate assessments on Friday, 4 September 2026, pushing listed firms to document their actual carbon footprints under its N-Zero initiative. The exercise tests corporate readiness across carbon accounting, emissions risk, and transition planning. Group chief executive Temi Popoola warned company directors that global investors now attach strict green conditions…
The Nigerian Exchange has pulled back its planned rollout of a revised equities pricing framework just hours before its scheduled start on Monday. Officials blamed the sudden pause on ongoing talks with market players. The bourse had planned to replace its uniform trading volume threshold with a tiered structure based on share prices. That blueprint…
Domestic investors dominated trading activities on the Nigerian Exchange Limited during the first half of 2026, controlling roughly 88 per cent of total market transactions. Cumulative market turnover climbed to a massive N9.6 trillion over the six-month period as local capital insulated the equities market from global volatility. Data from the exchange shows local institutional…
Trading on the Nigerian stock market closed heavily bullish this week, yielding a substantial 3.156 trillion Naira gain for equity investors. The weekly rally reversed a recent multi-trillion Naira correction that had wiped significant value off the local exchange. Strong corporate positioning by institutional investors drove the sharp market recovery, focusing heavily on core banking,…
The Nigerian equities market extended its positive momentum for the second consecutive session on Tuesday as renewed buying interest drove capital appreciation. The benchmark All-Share Index gained 2,524.00 points, representing a growth of 1.06 per cent to close at 240,743.19 points. Similarly, the total market capitalisation of listed equities rose by N1.64tn to settle at…
A massive wave of profit-taking has punctured the long-running rally on the Nigerian Exchange. Investors looking to lock in recent gains wiped N5.15 trillion off the total market capitalisation in just the first four trading days of June 2026. The key market index dropped by 3.2 per cent to close at 242,227.31 basis points. This…
The Nigerian Exchange Group is positioning the upcoming initial public offering of the Dangote Petroleum Refinery as a continental investment opportunity rather than a local affair. Group Chairman Umaru Kwairanga disclosed the cross-border listing strategy on Friday at the London Africa Summit. To broaden institutional participation, the exchange has already commenced formal engagements with multiple…
The three publicly traded entities owned by Aliko Dangote grew their combined net profit by 52.3 percent during the first quarter of 2026. Financial statements submitted to the Nigerian Exchange Group show that Dangote Cement, Dangote Sugar Refinery, and NASCON Allied Industries generated N161.43 billion in profit after tax. This corporate surge follows a combined…
Nigerian stocks extended their upward trajectory in May as corporate earnings reports triggered a fresh wave of domestic buying. Data from the Nigerian Exchange Limited showed equity investors accumulated over N4.514 trillion in capital gains during the month. The market also staged a swift recovery from its late-May wobble. It reclaimed N431 billion in total…