4 NGX Stocks Could Turn N10m into N26.1m
Investing N10 million in four NGX stocks in January 2025 could have yielded N26.1 million by August 2026, according to Nairametrics analysis.
Category : Investments
Dangote Sugar Raises N485.9bn in Oversubscribed Rights Issue
Dangote Sugar Refinery raised N485.9 billion in a rights issue, oversubscribed by 15.3%, attracting strong investor demand and boosting its expansion plans.
FG Unveils N1.1tn FGN Bond Sale with Maturity Dates, Interest Rates
The Federal Government, via the DMO, offers N1.1tn in FGN bonds at N1,000 per unit, with maturities in 2035, 2037, and 2038, interest rates up to 22.60%, and a minimum subscription of N50 million.
Nigeria's Dollar Millionaires Rise to 8,100, Ranking 4th in Africa
Nigeria's dollar millionaire population rose to 8,100 in June 2026, a 12.5% increase from 7,200 a year earlier, ranking 4th in Africa behind South Africa, Egypt, and Morocco, according to New World Wealth.
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NGX Woos Hong Kong Investors, Pushes Chinese Firms for Dual Listings
Nigerian Exchange woos Hong Kong investors, promotes dual listings for Chinese firms to boost capital inflow and market liquidity.
African Golden Visas: Costs and How Nigerians Can Qualify
Several African countries launched or expanded golden visa programmes in 2026, offering residency or citizenship for investments ranging from $90,000 to $10 million, with Nigerians eligible to apply.
Five Investors Corner 65% of IEI's N25.84bn Public Offer
Five investors acquired 65% of Industrial and Environmental Infrastructure's N25.84 billion public offer, according to Nairametrics. The offer was oversubscribed by 1.5 times.
Mutual Fund Guide: Choosing the Right Investment for Every Goal
First Asset Management explains how to choose mutual funds for different financial goals, emphasizing risk tolerance and investment horizon.
Gold Hits N220,000/g in Nigeria as Traders Await US Inflation Data
Gold prices in Nigeria surged to N220,000 per gram as traders anticipate US inflation data that could influence global markets and the naira.
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Femi Otedola: Africa's Fastest-Growing Billionaire 2026
Femi Otedola's net worth surged by $600 million in five months to $1.9 billion, driven by First HoldCo shares, making him Africa's fastest-growing billionaire.
UBA, Mikano Motors Launch Auto Financing Scheme
UBA partners Mikano Motors to offer flexible auto financing, enabling Nigerians to own vehicles with easy payment plans. Learn how the scheme works.
Airtel surge lifts Nigerian market past N160tn
The Nigerian equity market crossed N160 trillion in capitalization on Tuesday, driven by Airtel Africa's share price surge, according to trading data.
CBN Returns to Primary Market with N700bn NTB Auction
The Central Bank of Nigeria will auction N700 billion in Treasury Bills on August 12, 2026, marking its return to the primary market after a brief pause, according to a circular.
NGX: 25 Firms Hit N1trn Mark as Exchange Becomes Biggest
As of August 7, 2026, 25 companies on the Nigerian Exchange (NGX) have crossed the N1 trillion market-capitalisation mark, collectively accounting for over 90% of the total market value. Airtel Africa leads with N21.8 trillion, followed by MTN Nigeria and
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Six Banks Pay N1.27tn Dividends; Five Skip Payouts
Six Nigerian banks paid N1.27tn dividends for 2025, while five profitable lenders skipped payouts due to CBN rules.
FBNQuest Securities Leads Nigeria Brokerage, Bamboo Top Retail
FBNQuest Securities emerges as Nigeria's No.1 broker by value in 2026, while Bamboo dominates retail trades, according to Nairametrics.
SEC Launches Campaign to Recover Unclaimed Dividends
The SEC launched a nationwide campaign to help Nigerians recover unclaimed dividends and inherited assets, targeting dormant funds in the capital market.
Zedcrest Group Hosts Market Leaders for Global Investing Era
Zedcrest Group convened market leaders to discuss strategies for navigating a new era of global investing, focusing on diversification and emerging opportunities.
NGX Must Dance Carefully Amid Market Volatility
NGX faces volatility as foreign outflows hit N1.2tn, prompting calls for cautious policy to stabilize the market.
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Clinoscope Acquires 40M Neimeth Shares for N312M
Clinoscope Ltd acquired 40 million Neimeth shares worth N312 million post-2025 sell-off, raising stake to 7.64%, according to NSE filings.
Tinubu Reforms Create 900K Millionaires, NGX Says
NGX CEO Temi Popoola says Tinubu's reforms created 500,000-900,000 millionaires, with stock value jumping from N30tn to N160tn.
NGX Urges Nigerians to Own Stakes in Indorama, NLNG via Listings
NGX CEO urges Nigerians to invest in Indorama and NLNG through listings, boosting local ownership and capital market growth.
NGX market value to hit N230trn by end 2026 - Popoola
NGX market capitalisation is projected to reach N230 trillion by end of 2026, according to CEO Temi Popoola, driven by policy reforms and investor confidence.
Otedola's N18bn Buy Sends First HoldCo Shares to N150
Femi Otedola buys N18bn First HoldCo shares, raising stake to 26%, as stock hits N150 and market cap surpasses N6tn.
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Tinubu Announces NNPC Reform, Plans Share Sale to Nigerians
President Tinubu confirms NNPC will be reformed and listed on Nigeria's capital market, with plans to sell shares to Nigerians, aligning with NNPC's 2028 listing roadmap.
SEC Launches Probate Clinic to Curb Unclaimed Investments
Nigeria's SEC launches a probate clinic to help beneficiaries access unclaimed investments, aiming to reduce dormant assets and strengthen investor protection.
Otedola Invests N18.1bn in First Holdco, Stake Now 26.1%
Billionaire Femi Otedola acquires additional 1.1 billion shares in First Holdco for N18.1 billion, raising his stake to 26.1% and solidifying his position as the largest shareholder.
Otedola Invests N18.1bn in First HoldCo, Stake Rises to 26.1%
Femi Otedola invests fresh N18.1 billion in First HoldCo, raising his stake to 26.1% from 22.4%, according to a corporate filing.
NNPC Listing: Tinubu Plans NGX Share Sale
President Tinubu signals NNPC share sale on NGX, as part of reforms to boost transparency and attract investment.
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Tinubu, NGX Group Push Capital Market Agenda for $1tn
President Tinubu and NGX Group strategize to leverage capital market reforms, targeting a $1 trillion economy, with new initiatives to boost liquidity and investor confidence.
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