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Local Stock Market Indices Rally as Investors Gain N406bn

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Local Stock Market Indices Rally as Investors Gain N406bn

07 Sep, 2026

The Nigerian Exchange (NGX) Limited further improved by 0.22 per cent on Friday despite bearish sentiment, as investors shift focus to the planned initial public offering (IPO) of Dangote Refinery in the coming days. It was reported yesterday that the refinery was planning to sell its shares at a little over N500 per unit in about two weeks’ time. It was observed that the energy segment rose by 3.37 per cent, the consumer goods space expanded by 1.10 per cent, and the banking space improved by 0.18 per cent..............................READ MORE