The long-awaited public ownership of one of Nigeria’s most significant industrial assets has begun, as the Dangote Petroleum Refinery and Petrochemicals FZE opened its Initial Public Offering (IPO) on the Nigerian Exchange, giving retail and institutional investors an opportunity to acquire a stake in the business. The offer, which opened on September 14, 2026, involves […]
In a historic development, the Nigerian Exchange Group (NGX) witnessed a monumental boost in investor wealth, as the local stock market surged by N1.806 trillion in just one day. This marked one of the most significant single-day gains in Nigeria’s capital market history, highlighting renewed investor interest and growing confidence in the nation’s economic direction. […]
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The Nigerian Exchange Ltd. (NGX) experienced a strong rebound on Wednesday, recording a substantial gain of ₦507 billion after the previous day’s losses. This positive market shift bolstered investors’ portfolios significantly. The market capitalisation, which opened at ₦63.051 trillion, climbed by ₦507 billion or 0.80%, closing the day at ₦63.559 trillion. Simultaneously, the All-Share Index […]
