<< Back             Poser >> NGX ASI crosses historic 200,000 marks as stock market rally continues By Peter Egwuatu Nigeria’s stock market hit a major milestone on Monday, with the Nigerian Exchange Limited, NGX, All-Share Index (ASI) crossing the 200,000-points mark, buoyed by strong investor demand and broad-based gains across key sectors. The benchmark Index rose 1.55% to close at 201,474.89 points, up from 198,407.30 points in the previous trading session. This brings the Month-to-Date (MtD) return of the ASI to 4.48% and the Year-to-Date (YtD) return to 29.47%, reflecting strong market momentum. Market capitalisation expanded to N129.33 trillion, up from N127.36 trillion previously, as large-cap stocks led gains across the market. Trading activity remained robust, with total deals rising to 72,700 while investors exchanged 948.1 million shares valued at N49.15 billion. Financial services stocks dominated transactions by volume, reflecting heightened investor interest in the sector. Among the top gainers for the session were BUA Cement Plc, Premier Paints Plc, John Holt Plc, Guinea Insurance Plc, and FTN Cocoa Processors Plc, while decliners included VFD Group Plc, Royal Exchange Plc, Omatek Ventures Plc, Sovereign Trust Insurance Plc, and Regency Alliance Insurance Plc. Commenting on market performance, Temi Popoola, Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, described the milestone as a sign of growing confidence in Nigeria’s capital market. “Nigeria’s ongoing reforms are strengthening domestic capital formation, and the market is responding positively.  Increased participation by local investors, improving corporate fundamentals, and continued market modernisation are reinforcing the role of the capital market as a catalyst for long-term wealth creation and sustainable economic growth” he added. Jude Chiemeka, Chief Executive Officer of Nigerian Exchange Limited, attributed the milestone to sustained demand and active participation across the market. “Crossing the 200,000-point mark reflects strong investor engagement and consistent demand across key sectors.  At Nigerian Exchange Limited, we remain focused on deepening market liquidity, enhancing trading infrastructure, and ensuring efficient price discovery to support a resilient and transparent marketplace” Chiemeka added. Vanguard Business News	NGX ASI crosses historic 200,000 marks as stock market rally continues By Peter Egwuatu Nigeria’s stock market hit a major milestone on Monday, with the Nigerian Exchange Limited, NGX, All-Share Index (ASI) crossing the 200,000-points mark, buoyed by strong investor demand and broad-based gains across key sectors. The benchmark Index rose 1.55% to close at 201,474.89 points, up from 198,407.30 points in the previous trading session. This […] FCMB completes N500bn recapitalisation, retains international license FCMB Group Plc has completed the recapitalisation of its banking subsidiary, First City Monument Bank Limited, and has secured its international banking licence after obtaining all required regulatory approvals. The Group raised more than N400 billion through a series of transactions, including public equity offerings, a convertible instrument, and a minority divestment in one of its […] Africa must deepen intra-continental trade to unlock prosperity — Access Bank GMD By Cynthia Alo The Group Managing Director of Access Bank Plc, Mr.Roosevelt Ogbonna, has called on African policymakers, financiers and businesses to deepen collaboration in order to accelerate intra-African trade and unlock the continent’s economic potentials. Ogbonna made the call yesterday while welcoming participants to the Africa Trade Conference (ATC) 2026 in Cape Town, South Africa, […] LIVESTOCK ECONOMY: Importation extends dominance, rises 14.5% to N1.7trn •Stakeholders lament structural challenges, make recommendations By Gabriel Ewepu Amidst efforts to diversify Nigeria’s economy, there are indications that dominance of foreign imported livestock products has been extended. Financial Vanguard’s findings from the National Bureau of Statistics, NBS, show that livestock and related products imports rose to N1.71 trillion in 2025, up by 14.5 per cent from […] Nigeria’s economy will withstand shocks from US-Iran war — Cardoso By Babajide Komolafe Governor of theCentral Bank ofNigeria, Olayemi Cardoso, yesterday said Nigeria’s ongoing macroeconomic reforms have positioned the economy to withstand potential shocks arising from escalating tensions in the Middle East. Cardoso stated this while delivering a Distinguished Alumni Lecture at the Founders Day celebration of St Gregory’s College Lagos in Lagos. He noted […] Ghana police seizes fake currency over $1m, officers reject bribe attempt  Police in Odumase-Krobo have foiled an attempt by a counterfeit currency syndicate to bribe officers with GH¢200,000 following the arrest of three suspects found with more than one million US dollars.