Shareholders of Dangote Cement Plc have approved plans for a secondary listing of the company's shares on the London Stock Exchange. The decision is aimed at expanding the cement manufacturer's footprint in international capital markets.
NGX Rebounds 2.19% After Two-Day Decline, Investors Gained N3.16trn; BDC Rate Closed flat at N1,400/US$1 The Nigerian equities market reversed its recent losses to close the week on a bullish note on Friday, July 3, 2026, as renewed buying interest across banking,
NGX Market Summary – Friday, 3 July 2026 The Nigerian stock market closed strongly higher, with the All-Share Index rising 2.19% (4,918.37 points) to 229,240.34. Market capitalisation increased by ₦3.16 trillion to ₦147.10 trillion, reflecting broad investor confidence. Top https://t.co/ybQKzUOgdP
The National Bourse closed on a bullish territory where NGX All-Share Index advanced by 4918.4 basis points Market breadth remained positive with 38 advancers against 14 decliners, while the remaining listed equities closed flat. https://t.co/zo9w5H0RVs
Nigeria experienced a resurgence in corporate mergers and acquisitions during the first half of the year, following several years of subdued dealmaking activity driven by economic uncertainty.
PZ Cussons Nigeria Plc reported strong financial results for its fiscal year ended May 31, 2026, marking one of its most robust earnings performances in five years.
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If you’re building a portfolio for passive income, these companies are scheduled to pay dividends this month: July 10 — Chams Holdings July 15 — BUA Foods July 20 — Cornerstone Insurance July 23 — eTranzact International July 30 — Aradel Holdings July 31 — Fidson Healthcare
NGX MARKET UPDATE: JULY 2ND, 2026 Profit-taking hit the Lagos floor today! Here’s the breakdown from InvestData Consulting Ltd: 🔸 The Numbers: NGX All-Share Index dipped 0.61%, falling below the 224,000 support level. YTD return now at 44.15%. 🔸 Market Sentiment: Highly
Market close 🔔 ASI: 229,240.3 (+2.19%) Market cap: 147.1T YTD: +46.26% Date: 3 July, 2026. NGX-ASI breaths, is this a rebound or just a bear trap? Who knows 😊 Check out NGX good and quality stocks to buy here 😊👇 https://t.co/dNBgtsUNlw
🎶 The land is green - it's green oooh 🎶 NGX posted the strongest daily performance in recent weeks as ASI gained 2.1% to close the week in positive mood. Airtel Africa (+10%), MTNN (+4.2%), Zenith Bank (+4.7%), and FirstHoldCo (+4.8%) drove positive sentiments. Could this be https://t.co/v60F3OCaTI
UBS has lowered its Brent crude oil price forecast for 2026 and 2027 to average eighty-four dollars per barrel. The downward revision is driven by a faster-than-expected recovery in oil flows through the Strait of Hormuz following a United States and Iran memorandum of understanding.
Foreign portfolio participation on the Nigerian Exchange declined by 25.90 percent month-on-month to 183.61 billion Naira in May from 247.78 billion Naira in April. This drop occurred despite overall market activity reaching its highest monthly level of the year.
Transactions by foreign investors in the Nigerian capital market fell by 25.90% month-on-month to N183.61 billion in May from N247.78 billion in April. Despite this decline in foreign participation, the overall market activity reached its highest monthly level of the year.
Exchange Traded Funds listed on the Nigerian Exchange experienced a strong rally in the first half of 2026. The Stanbic IBTC ETF 30 led the performance with a return of 219.64 percent, as ten out of twelve tracked funds posted gains.
PZ Cussons has released its unaudited full-year financial results for the period ended 31 May 2026, recording a revenue of 260.46 billion Naira. The company reported a significant increase in profitability, rising to 49.10 billion Naira from 10.07 billion Naira in the previous year.
PZ Cussons has reported an unaudited revenue of N260.46 billion for its 2026 financial year, marking a 22 percent increase from the N212.63 billion recorded in the previous year. The consumer goods manufacturer disclosed these full-year financial results in a recent board announcement.
The top ten share-price gainers within the NGX 30 index contributed approximately N27.29 trillion to the overall market capitalization of the Nigerian Exchange during the first half of 2026.