Nigerian stocks gain 6.35% in one week
….ASI holds at 243,954.45 points but advances 6.35% week-on-week while market capitalization gains N9.34 trillion to settle at N156.44 trillion.

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MARKET NEWS….ASI holds at 243,954.45 points but advances 6.35% week-on-week while market capitalization gains N9.34 trillion to settle at N156.44 trillion.
MARKET NEWSS&P Dow Jones Indices (S&P DJI) has placed Nigeria on its 2027 watchlist for a potential reclassification as a “Frontier” market
MARKET NEWSNGX ASI rises 1.24% to 237,083.28 points; YTD return strengthens to 52.35% as all five sectors close higher
MARKET NEWSPresident William Ruto has assented to the Sovereign Wealth Fund Bill into law following a signing ceremony held at State House
MARKET NEWSThe Ethiopian Securities Exchange (ESX) has announced that four companies have received Approval in Principle to list on its Main Market.
MARKET NEWSUnited Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, will retire from the Board of Directors on August 21, 2026
The first half of 2026 (H1 2026) was an exceptionally strong period for the Nigerian Exchange (NGX), with the All-Share Index advancing by 47.43%
MARKET NEWSOando Plc and Transcorp Plc have been evicted from the NGX 30 Index by the Nigerian Exchange (NGX) Limited in the 2026 half-year review of market indices.
Dangote Cement Declares Record N753.8bn Dividend, Pays N45 Per Share Dangote Cement Declares Record N753.8bn Dividend, Pays N45 Per Share
MARKET NEWSBotswana-based pan-African microlender Letshego Africa is officially streamlining its footprint exiting its East and West Africa businesses
MARKET NEWSNigeria’s equities market suffered another bruising session on Monday, with the benchmark NGX (ASI) plunging 1.57% to close at 228,401.92 points.
MARKET NEWSEgypt Lists 3 Natl. Petroleum Coys on EGX, Nairobi SE Lists $-Denominated Green REIT
MARKET NEWSThe benchmark FTSE/JSE All Share Index (ALSI) slid 0.60% week-on-week to settle at 110,231 index points, erasing key gains made earlier in the month.
Nigerian equities faced a bruising week as a wave of profit-taking swept through the oil and gas, industrial, and insurance sectors.
MARKET NEWSThe final full week of June 2026 has carved out a historic milestone in African stock markets
South Africa’s fixed-income infrastructure took a significant step forward this week with the launch of a new Spread Trading order Bond ETP
EDUCATIONAfter seven years without a meaningful new listing, three companies have floated in six months and raised more than GHS 2.1 billion between them.
ANALYSISNigeria’s bond, T-bill market turnover surge 137.49% amid sharp rise in yields
MARKET NEWSBrewing giant Anheuser-Busch InBev (AB InBev) has repurchased a further 525,297 of its own shares
MARKET NEWSNigeria's equities market kept its recovery going for a second straight session on Tuesday
MARKET NEWSFamily Bank has officially joined the Nairobi Securities Exchange (NSE), ringing the bell on June 23, 2026 to mark the largest private-sector listing
MARKET NEWSThe Johannesburg Stock Exchange (JSE) closed the third week of June 2026 in positive territory, with every headline index posting weekly gains
MARKET NEWSThe Ministry of Finance and the World Bank Group member signed a partnership agreement aimed at development of the planned Kinshasa Stock Exchange.
MARKET NEWSLe gouvernement de la République démocratique du Congo (RDC) cherche à accélérer le développement de son marché des capitaux
MARKET NEWSThe (NSE) wrapped up the third week of June 2026 on a high, posting its strongest week since February
MARKET NEWSThe Nigerian equities market wrapped up the third week of June 2026 firmly in the red
MARKET NEWSWith Nigeria’s stock market heading into the second half of 2026 amid a sharp correction that has wiped over 16,500 points off the All-Share Index
MARKET NEWSThe Nigerian Exchange (NGX) is overhauling the way share prices respond to trading activity, rolling out new rules that set minimum volume thresholds
MARKET NEWSThe Nigerian equities market extended its losing streak on Wednesday as aggressive selloffs in Geregu Power, Okomu Oil Palm, and other heavyweight counters
MARKET NEWSThe Johannesburg Stock Exchange navigated a constructive week, with the FTSE/JSE All Share Index (ALSI) trading in the 110,000–112,000 band
MARKET NEWSNigerian equities delivered a positive week overall, with the NGX All-Share Index closing at 244,738.74 points — a weekly gain of just over 1%
MARKET NEWSThe Dangote Petroleum Refinery is seeking to raise approximately $1 billion through a private placement that values the company at $39.1 billion, according to an Information Memorandum reviewed by Nairametrics.
MARKET NEWSNigerian and global markets experienced a broad-based selloff this week, driven by a significant macro shock that rattled equities, commodities, and digital assets simultaneously.
MARKET NEWSOn 26 May 2026, Ethio Telecom S.C. (ticker: TELE) made history as the first state-owned enterprise (SOE) to list on the Ethiopian Securities Exchange (ESX), marking a watershed moment for African capital markets and retail investment on the continent
MARKET NEWSAfrica's richest man, Aliko Dangote, is eyeing a secondary listing for Dangote Cement on the London Stock Exchange, with September as the target date.
MARKET NEWSFrench media and entertainment giant Canal+ is set to list on the Johannesburg Stock Exchange (JSE) today, Wednesday, June 3, 2026, becoming the first French company ever to trade on Africa’s largest stock exchange.
MARKET NEWSTwelve companies listed on the Nigerian Exchange are set to put cash in shareholders’ pockets in June 2026, which highlights the breadth of income-generating stocks available on the Nigerian equities market.
MARKET NEWSThe Central Securities Clearing System (CSCS) Plc has officially launched Nigeria's T+1 settlement cycle, completing the country's transition from a two-day settlement framework and aligning the Nigerian capital market with some of the world's most advanced financial markets.
MARKET NEWSNigeria’s Dangote Group is targeting a September initial public offering (IPO) of its oil refinery business, billionaire founder Aliko Dangote told reporters in comments aired on Arise Television on Thursday, raising funds that could help it to expand capacity
MARKET NEWSThe Ghana Stock Exchange (GSE) Composite Index returned 48.91% in the first quarter of 2026, lifted by easing inflation, macroeconomic stability, and surging trading across equities and fixed income markets.
MARKET NEWSAfrica's first profitable standalone digital bank is preparing for one of the most consequential public listings the continent's financial sector has seen in years.
MARKET NEWSAfrica Bitcoin Corporation (ABC) will transfer its listing from the JSE AltX to the JSE Main Board — a milestone that signals more than a change of category. It signals institutional maturity.
MARKET NEWSStandard Bank is making headlines as its stock experiences a surge on the Johannesburg Stock Exchange (JSE), driven by a monumental equity transaction and strategic expansion plans across Africa.
MARKET NEWSSouth African President Cyril Ramaphosa said on Monday in an address to the nation that he was not resigning, after the constitutional court last week revived impeachment proceedings against him over a scandal dubbed “Farmgate” by local media.
MARKET NEWSThe Nigerian Exchange closed Friday, 8 May 2026 in the green, advancing 4,936.03 points to settle at 244,670.65, reflecting broad-based positive sentiment across listed equities.
EDUCATIONThe anticipated Dangote IPO is already shaping up to become one of the biggest financial events in African capital markets history.
MARKET NEWSThe challenge for most African retail investors isn't awareness — it's access. mystocks.africa is built to remove those barriers.
MARKET NEWSThe Johannesburg Stock Exchange (JSE) has successfully executed a R3 billion quanto barrier option transaction via its Can-Do Platform, reinforcing its position as a leading hub for sophisticated derivatives trading in emerging markets.
MARKET NEWSOPay, the Nigerian-rooted fintech backed by SoftBank's Vision Fund, is taking its most ambitious step yet — a public listing in the United States.
MARKET NEWSAfrica's equity markets are poised for a robust 2026, with analysts projecting 15 or more initial public offerings (IPOs) that could mobilize $3 billion to $5 billion in fresh capital.