Search results for "NGX"

30 results for “NGX”

JPMorgan
Nigerian EconomyAnalysis

JPMorgan Merchant Bank Nigeria: What the CBN Approval Means for Investors and the Banking Sector

The CBN has granted JPMorgan approval-in-principle to set up JPMorgan Merchant Bank Nigeria Limited. It is not yet a licence, but it is a strong vote of confidence in Nigeria’s post-recapitalisation banking sector. Here is what it means for competition, for investors, and for the way big-ticket finance is done in Nigeria.

247Market Editorial24 Oct 2026
Passive Income Systems
Personal FinanceArticle

10 Proven Ways to Make Money While You Sleep: Realistic Passive Income Systems

Passive income isn’t free money, but it can keep paying long after the work is done. This guide covers ten proven systems anyone can start, including YouTube, blogging, affiliate marketing, dividend stocks and digital products. Each one explains how it works, how to set it up, how to earn from it, and what to expect.

247Market Editorial20 Oct 2026
Zenith Bank
Company NewsNews

Zenith Bank H1 2026: Impairment Relief Lifts PBT 1.9%, Dividend Up 20%

Zenith Bank grew H1 2026 profit before tax by 1.9% to ₦637.6bn, but the headline hides a weaker core. Gross earnings fell 24.6%, trading income swung to a loss, and profit after tax dropped 19.1% as the effective tax rate jumped to 32.4%. The Board still lifted the interim dividend 20% to ₦1.50 per share.

247market Editorial14 Oct 2026
How to invest in 2027
Investment GuidesArticle

How to Invest ₦1 Million in Nigeria in 2027: A Practical Guide for Beginners and Experienced Investors

Planning your finances for 2027? Discover how to invest ₦1 million in Nigeria to grow your wealth while managing inflation and investment risks. This practical guide explores five asset classes, including Nigerian stocks, Treasury bills, FGN bonds, money market funds, and real estate investment trusts (REITs). Learn how to build a diversified portfolio, compare conservative, balanced and growth-oriented investment strategies, and avoid common investment mistakes. Whether you are a first-time investor or an experienced investor reviewing your portfolio, find actionable insights to help you make informed investment decisions in Nigeria's changing financial market.

247Market Editorial12 Oct 2026
Financial Ratios for Stock Valuation
Fundamental AnalysisGuide

Financial Ratios for Stock Valuation: 10 Numbers to Check Before You Buy Any Stock

Every year, thousands of Nigerians open CSCS accounts, buy shares on a tip from WhatsApp or Telegram, and then wonder why the stock is down 30%. The problem is rarely the market. It is buying…

247market Editorial12 Oct 2026
Top 10 Mutual Funds in Nigeria in 2026 According to SEC Data
Personal FinanceGuide

Top 10 Mutual Funds in Nigeria in 2026 According to SEC Data

Nigerians are putting more money into collective investment schemes (CIS), commonly known as mutual funds , than at almost any point in the market's history. With inflation eroding the value of idle cash and bank…

247marke27 Sept 2026
How to reead stock price table
Stock Market BasicsGuide

How to Read a Stock Price Table: A Beginner's Guide to the Nigerian Stock Market (NGX)

In most newspapers, you'll find a page displaying stock prices — showing figures like Open, Close, High, Low, Volume, and P/E for the individual stocks covered. These are stock price tables. Some contain more data…

247Market Editorial25 Sept 2026
How to buy Dangote Refinery IPO
Stock Market BasicsGuide

How to Buy the Dangote Refinery IPO: A Step-by-Step Guide for First-Time Nigerian Investors

The Dangote Refinery IPO is live, and the window to prepare properly is closing fast. Here's a step-by-step walkthrough — built for first-time investors — covering CSCS accounts, NGX Invest, position sizing, and what the prospectus actually says before you commit a single naira.

247Market Editorial18 Sept 2026
J.P. Morgan's Bond Index
Market NewsAnalysis

Nigeria Returns to J.P. Morgan's Bond Index: What It Means for the Economy and for Investors

After eleven years on the outside, Nigeria has returned to a J.P. Morgan's bond benchmark. But not the one most headlines suggest. Here's what the GBI-EM Edge actually is, why Nigeria was dropped back in 2015, and what a 7.4% index weighting really means for the economy and for investors weighing frontier-market debt.

247Market Editorial16 Sept 2026
Dangote Refinery
Stock Market BasicsAnalysis

Dangote Refinery IPO Explained: A Beginner's Guide to Africa's Biggest Stock Market Listing

Africa's biggest-ever IPO opens today. Here's the beginner's guide to the Dangote Refinery share offer — what it costs, why analysts can't agree on its value, the real risks behind the hype, and exactly how to apply for as little as ₦5,250.

247Market Editorial15 Sept 2026
Nigerian Stock Market Weekly Report
Market NewsNews

Nigerian Stock Market Weekly Report: Heavy Institutional Selling Depresses Market 1.60%

Nigerian equities closed a turbulent week lower, with the All-Share Index shedding 1.60% to 243,052.74 points as investors pulled cash from banking, insurance and industrial stocks to position for the record ₦2.15 trillion Dangote Refinery IPO. Despite a late-week rebound that clawed back part of the losses, market breadth stayed deeply negative — just 9 gainers against 80 decliners — even as Seplat Energy and NGX Group bucked the trend to lead the week's advancers.

247Market Editorial14 Sept 2026
OPay IPO Valuation NGX Listing and Everything Investors Need to Know
Stock Market BasicsArticle

OPay IPO: Valuation, NGX Listing and Everything Investors Need to Know

OPay is reportedly targeting a $4 billion valuation for its U.S. IPO — and weighing a secondary listing on the NGX. Here's what's confirmed, what's still speculation, and whether the numbers actually justify the price tag.

247Market Editorial13 Sept 2026
How to Invest in US Stocks from Nigeria The Complete Guide
Stock Market BasicsArticle

How to Invest in US Stocks from Nigeria: The Complete Guide

Everything you need to know about buying Apple, Tesla, Amazon, and other US shares from Nigeria — the platforms, the paperwork, the costs, and the risks nobody talks about. A decade ago, investing in the…

247Market Editorial08 Sept 2026
Guinness Nigeria
Market NewsAnalysis

Tolaram's N-Seven Nigeria Buys ₦559m More Guinness Nigeria Shares — What the Insider Purchase Signals for Retail Investors

Tolaram's majority-shareholder vehicle, N Seven Nigeria Limited, has topped up its Guinness Nigeria stake with a ₦559m million share purchase — buying into a pullback from the stock's 52-week high rather than chasing new highs. Here's what the insider filing reveals about Guinness Nigeria's price journey since the 2024 Diageo-Tolaram deal, and what it means for retail investors watching the stock.

247Market Editorial06 Sept 2026
NGX Stocks on FTSE Frontier Market Index
Market NewsAnalysis

Here're the 31 NGX Stocks on FTSE Frontier Market Index

Nigeria's return to Frontier Market status comes with a bigger list than the headlines suggest. FTSE Russell's September 2026 review adds 31 NGX-listed stocks across Large, Mid and Small Cap tiers — from GTCO and MTN Nigeria at the top, down to newly eligible names like NASCON and Vitafoam — ahead of the September 21 effective date.

Buchi04 Sept 2026
Unclaimed Dividend
Dividend InvestingAnalysis

N242bn Unclaimed Dividends: What Tinubu’s Directive Means for Nigerian Investors

President Tinubu has approved the channeling of Nigeria's approximately ₦242 billion in unclaimed dividends, together with eligible cash recoveries by the EFCC, towards funding NELFUND. The move revives a controversial policy first introduced under the…

247Market Editorial03 Sept 2026
Value Investing
Value InvestingGuide

Value Investing: A Guide for Beginner Investors

Warren Buffett didn't get rich by chasing hot tips — he got rich by buying great companies for less than they're worth, then waiting. That same strategy, value investing, is quietly working for patient investors on the NGX right now. In this beginner's guide, we break down what value investing actually means, why Nigeria's market inefficiencies make it a smart approach here, and the exact steps to start spotting undervalued stocks — without needing an accounting degree.

Buchi03 Sept 2026
Nigeria's Economy
Nigerian EconomyArticle

Nigeria's Economy Accelerates to 4.43% in Q2 2026 GDP— Trade, Agriculture and Telecoms Lead Growth

Nigeria's GDP grew 4.43% year-on-year in Q2 2026, the fastest pace in the current series, as NBS data shows agriculture rebounding, oil output climbing to 1.72mbpd, and telecoms and financial services leading a broadening — if uneven — recovery.

247market Editorial01 Sept 2026
PZ Cussons
Company NewsNews

PZ Cussons Nigeria Returns to Profitability, Proposes ₦2.50 Dividend as FY2026 Revenue Hits ₦260.5bn

PZ Cussons Nigeria has swung from negative equity to a ₦66.6bn balance sheet position, reporting a 22% rise in FY2026 revenue to ₦260.5bn and proposing a ₦2.50 per share final dividend for shareholders.

247Market Editorial31 Aug 2026
Stocks to Watch
Stock Market BasicsArticle

10 Stocks to Watch As Nigeria Returns to Frontier Market Category

Nigeria's return to the FTSE Russell Frontier Market Index takes effect on September 21, 2026 — reopening the door to funds locked out since 2023. From GTCO and Zenith Bank to Dangote Cement and Aradel Holdings, we break down the stocks best positioned to benefit and what the reclassification really means for market liquidity.

Buchi31 Aug 2026
Nigerian Capital Market
Market NewsArticle

Nigeria Returns to Frontier Market Status: What FTSE Russell's Reclassification Means for the Nigerian Capital Market

Nigeria is officially back on the global investment map. Nearly three years after being frozen out over FX repatriation failures, FTSE Russell has reclassified the country's equity market as a Frontier Market — a status that unlocks billions in passive index-tracking capital. Here's the full story: what frontier market status means, how countries qualify, why Nigeria fell out in 2023, what changed, and what it means for the Nigerian Exchange going forward.

247Market Editorial31 Aug 2026
Nigerian Stocks
Stock Market BasicsArticle

7 Red Flags to Watch for Before Investing in Nigerian Stocks

Before you buy shares on the NGX, check for these 7 red flags — from weak corporate governance to erratic dividends — that separate solid Nigerian stocks from value traps.

Buchi30 Aug 2026
Nigerian Stock Market Report
Market NewsArticle

NGX Snaps Back as Bargain Hunters Return - Investors Pocket N1.29T in One Week

The NGX closed the week in positive territory, adding N1.293 trillion in investor value as bargain hunters moved into undervalued large-cap banking and energy stocks. 247Market breaks down what's driving the rebound, why it's more selective than broad-based, and what Nigeria's looming Frontier Market reclassification could mean for investor sentiment heading into September.

247Market Editorial30 Aug 2026
Nigerian Stock
Stock Market BasicsGuide

The 5 Questions to Ask Before Buying Any Nigerian Stock

Most new investors ask one question before buying a stock: "Has the price gone up?" That's the wrong starting point. A rising share price tells you what other people are doing — not whether the business behind it is healthy, whether its earnings are sustainable, or whether you're paying a sensible price for a share in it. Fundamental analysis boils it down to five questions. Work through them before your next NGX trade, and you'll already be doing more homework than most retail investors ever do

Buchi29 Aug 2026
Technical Analysis
Technical AnalysisGuide

Introduction to Technical Analysis: A Framework for Reading the Market

Ask ten investors how they pick stocks and you'll get two very different philosophies: buy good companies and hold them, or let the chart tell you when to act. Neither is wrong — they just answer different questions. This post breaks down what technical analysis actually is, the three assumptions it rests on, and how it works alongside fundamental analysis to help you decide not just what to buy, but when — a foundation for everything else in this series.

Buchi29 Aug 2026
Money Market Funds
Fixed IncomeGuide

Money Market Funds in Nigeria: The Complete Beginner's Guide to Growing Your Money Safely

Still letting your cash sit idle in a savings account earning next to nothing? Money Market Funds let you access the same short-term, high-quality investments banks and institutions use — with as little as ₦1,000, low risk, and returns of up to 20%+ per annum. Here's everything a beginner needs to know, including the 5 best-performing funds in Nigeria right now.

247Market Editorial26 Aug 2026
Dividend-Paying Companies
Dividend InvestingAnalysis

Top 10 Dividend-Paying Companies in Nigeria - NGX Stocks that Reward Investors

Discover the Top 10 Dividend-Paying Companies in Nigeria based on FY2025 performance. We analyse interim and final dividends paid by leading companies on the Nigerian Exchange, calculate their dividend yields, and examine their dividend history and consistency. From GTCO and Zenith Bank to Dangote Cement, BUA Foods, Presco and Okomu Oil, see the companies that demonstrated a strong commitment to rewarding shareholders and why they may interest investors seeking reliable dividend income.

247Market Editorial19 Aug 2026
NAICOM Revokes Universal Insurance License
Company NewsNews

NAICOM Revokes Universal Insurance License: N13.6 Billion Shareholder Value at Risk

Universal Insurance Plc faces a major crisis after NAICOM revoked its operating licence over failure to meet the required minimum capital threshold. The action has triggered the insurer’s winding-up process and put about ₦13.6 billion in shareholder value at risk, raising fresh concerns about the risks investors face in Nigeria’s insurance recapitalisation exercise.

247Market Editorial19 Aug 2026
Profit-taking
Market NewsNews

Profit-Taking Drags NGX Lower, Erases ₦544.5bn

The Nigerian Exchange (NGX) closed lower on Tuesday as continued profit-taking weighed on investor sentiment. The All-Share Index fell 0.35% to 241,611.23, while market capitalisation declined by ₦544.5 billion to ₦155.97 trillion. Market breadth remained negative, with 41 stocks declining against 23 gainers.

247Market Editorial18 Aug 2026
NGX
Market NewsNews

NGX Delays New Pricing Rules, Raising Questions for High-Priced Stocks

The NGX has postponed its revised equity pricing methodology, originally scheduled to take effect on August 17, 2026, but says implementation could still happen before month-end. The new framework will significantly reduce the volume required to move prices of high-value stocks, potentially improving price discovery while increasing short-term volatility. This analysis examines what the changes mean for investors, premium-priced stocks, liquidity, market manipulation and portfolio strategy as the market prepares for a new era of price sensitivity.

Internal17 Aug 2026