Analysts Raise Competition Concerns As Top Brokers Control N7.39trn Of NGX Trades

Analysts Raise Competition Concerns As Top Brokers Control N7.39trn Of NGX Trades

The Nigerian stock market closed the 2025 financial year on a strong footing, with the top ten stockbroking firms tightening their grip on market activity after executing transactions valued at N7.39trn, representing 61.82 per cent of the total value of trades on the Nigerian Exchange (NGX). In addition to their dominance by value, the leading brokers accounted for 49.41 per cent of the total trading volume during the year, underscoring their ce…

NGX Extends Rally As Market Capitalisation Hits ₦104.5 Trillion On January 12, 2026

The Nigerian Exchange (NGX) sustained its upward momentum on Monday as strong investor demand across equities and exchange-traded products lifted key market indicators despite pockets of profit-taking. The NGX All-Share Index (ASI) advanced by 0.58 percent to close at 163,244.69 points, reinforcing the Exchange’s bullish tone at the start of the trading week. The gain […] The post NGX Extends Rally as Market Capitalisation Hits ₦104.5 Trillion o…

NGX Services Sector Delivers Strong 2025 Performance

The Services sector on the Nigerian Exchange (NGX) demonstrated notable resilience and growth in 2025, tracking closely with the broader market’s exceptional performance during the year. Although the sector accounts for a relatively modest portion of total market capitalisation, at under ₦2.5 trillion out of the NGX’s ₦99.38 trillion valuation at year-end, it leveraged Nigeria’s economic rebound to deliver strong returns to investors. Sector per…

NGX cap adds N745b with sustained demand for Etranzact, Red Star Express, McNicholas, RT Briscoe, others

WorldStage– Trading on the Nigerian stock market opened the week on a bullish note on Monday, with investors gaining N745 billion as market capitalisation climbed to N104.5 trillion. The rally was driven by sustained demand for stocks such as Etranzact, Red Star Express, McNicholas, RT Briscoe and Deap Capital Management, alongside 45 other advancers. Market capitalisation, which opened at N103.775 trillion, rose by 0.58 per cent, or N745 billio…