NGX

3 posts

  • Foreign investors flee Nigeria’s stock rally as local institutions pile in trillions

    Understanding the Shift in Nigeria’s Capital Markets Despite a spectacular bull run that has propelled the Nigerian Exchange (NGX) to the ranks of the world’s best-performing markets in 2026, a curious divergence has emerged. Foreign portfolio investors (FPIs) are steadily pulling back from Nigerian equities. Instead, the historic rally is being heavily funded by domestic […]
  • Okomu Oil H1 2026 pre-tax profit falls 12% to N59 billion

    Okomu Oil Palm Plc, one of Nigeria’s leading agribusiness firms listed on the Nigerian Exchange (NGX), has published its unaudited financial statements for the half-year ended June 30, 2026. The latest figures indicate a notable contraction in the company’s bottom-line performance, with pre-tax profit declining by 12.03% to N58.99 billion. This is a drop from […]Read More
  • NGX stocks to buy in August 2026 amid oil, rate pressures

    As we head into August 2026, the Nigerian Exchange (NGX) presents a complex landscape for investors. The broader macroeconomic environment continues to be shaped by dual pressures: volatile global oil prices and persistent domestic interest rate hikes. While these headwinds have induced market volatility, they have also carved out attractive entry points for discerning investors […]