Category : Search result: Stock market capitalisation


Stock Market May Reach N262 Trillion in 2026

Bismarck Rewane predicts Nigerian stock market capitalization could surge to N262 trillion next year, driven by major listings like Dangote Refinery and NNPC. Discover the growth trajectory.

Nigeria Capital Market Shifts to T+2 Settlement Cycle

Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.

Makinde opens 4th ultramodern market in Oyo

Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.

Nigerian Stock Market Loses N2.1 Trillion

Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.

Edo Market Women Protest Planned Eviction

Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.

Asian markets bounce as Nvidia takes centre stage

Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.

Stock Market Dips 1.7% on Tax Jitters

The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.

Academy Press Endorses 15k Dividend, Bonus Shares

Academy Press Plc shareholders approved 15 kobo dividend per share and 1-for-5 bonus issue at 61st AGM. Company expands capital base amid strong financial performance. Read full details.

34.7 Million Nigerians Projected Food Insecure by 2026

A new report reveals 34.7 million Nigerians across 27 states will face food insecurity between June and August 2026. Farmers incur massive losses despite government interventions, threatening future food production.

Stocks Struggle on US Rates, Tech Rally Fears

Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.

Naira Gains as Pound Sterling Falls Below N2,000 Mark

Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.

Burger King Plans to Double Stores in China

Burger King forms a $350M joint venture to double its restaurants in China within five years, challenging McDonald's and KFC. Read more about this major expansion.

Asian markets gain as US shutdown deal reached

Asian stocks climbed for second day as US lawmakers reached deal to end record 41-day government shutdown. Market analysts warn of economic impact and Fed uncertainty. Read more for full analysis.

Elon Musk's $1 Trillion Tesla Package Approved

Tesla shareholders have approved Elon Musk's historic compensation package worth nearly $1 trillion, causing the billionaire's net worth to surge dramatically. Discover how this decision impacts Musk's wealth and Tesla's future.

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

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