Stock Market

NGX Moves to Deepen Investor Confidence With New Strategy Chief

Lagos Nigerian Exchange Group (NGX Group) has appointed Ms Jumoke Olaniyan as its new Chief Strategy Officer, in what many see as a strong move to grow Nigeria’s stock market, bring in more investors, and modernise the system. In simple terms, her job is to help the Exchange think ahead, plan better, and make the […]

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Equities Mixed as Market Cap Slips, ETPs Outperform

Nigeria’s financial markets closed mixed on Thursday with equities easing slightly, fixed income marginally higher, and Exchange-Traded Products (ETPs) delivering the strongest performance of the day. Equity capitalization declined by 0.52 percent to ₦105.88 trillion, despite the benchmark All-Share Index firming to 166,256.83 points. Fixed income instruments advanced by 0.09 percent to ₦51.63 trillion, while

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Nigeria’s NSE All Share Index Climbs on Strong Market Momentum

Nigeria’s main stock market index, the NSE All Share, advanced to 160,592 points on January 7, 2026, representing a 0.40% increase from the previous trading session. Over the past month, the index has gained 8.93%, while year-on-year performance shows an impressive 54.07% rise, according to trading data from a contract for difference (CFD) that tracks

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Trump Orders Crackdown on Defense Industry Stock Buybacks

In a bold move aimed at reshaping the defense sector, President Trump signed an executive order Wednesday targeting stock buybacks by major defense contractors. The order directs companies to cap executive compensation and prioritize investments in production capacity over shareholder payouts. Officials said the measure seeks to ensure that federal defense spending translates more directly

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Markets Mixed as Geopolitics, Policy Signals, and AI Optimism Pull in Opposite Directions

Global equity markets traded unevenly on Wednesday as investors balanced rising geopolitical tensions and policy uncertainty against sustained enthusiasm for artificial intelligence and select corporate developments. In the United States, stock indexes diverged. The Dow Jones Industrial Average edged lower after opening the year with a three-day winning streak, reflecting cautious sentiment around policy risks

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