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NIGERIAN STOCK MARKET

News and stories about Nigerian stock market

A major shareholder of The Initiates Plc (TIP), Mr. Afolayan Samuel Olajide, increased his stake in the company with a purchase valued at N66.24 million. 
The Nigerian Exchange (NGX) in 2025 is showing stronger resilience compared to last year. 
Nigeria’s new capital gains tax risks deterring investors with high rates, retroactive rules, and added market frictions.
This work ranks the top 10 stocks under the NGX Industrial Index based on their size, or market capitalization. 
The Nigerian All-Share Index (ASI) closed the trading week ended 19th September 2025 in positive territory, rising 1,299.66 points to settle at 141,845.35.  
The Nigerian All Share Index (ASI) closed in the red on Friday, 19th September 2025, dropping 417.8 points to finish at 141,845.3.  
Nigeria’s stock market has continued to outperform inflation, offering investors positive real returns.
Shares of NCR (Nigeria) Plc have risen over 31% month-to-date in September, reaching N15 as the stock continues the bullish momentum that began in August.  
The Nigerian All-Share Index closed the trading session on September 17 in positive territory, gaining 489.5 points to settle at 142,036.2. 
The Nigerian Exchange Limited (NGX) is considering the possibility of extending its trading hours beyond the current 9:30 a.m.–2:30 p.m. session to a longer 9:00 a.m.–5:00 p.m. window. 
The Nigerian All-Share Index closed lower on September 16, 2025, dropping 112.20 points to settle at 141,546.8, ending the session in negative territory. 
So far in 2025, Fidson has delivered a 177% YtD gain, the best in the sector. May & Baker, with a still impressive 86.2% YtD return, is lagging relatively.