Geregu, Okomu Oil drag NGX lower
The Nigerian equities market extended its losing streak on Wednesday as aggressive selloffs in Geregu Power, Okomu Oil Palm, and other heavyweight counters

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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.
MARKET NEWSAirtel Money, the mobile financial services arm of Airtel Africa (NGX: AIRTELAFRI), is edging closer to a stock market debut that could reshape the African fintech investment landscape.
MARKET NEWSThe global media group will become the first French company with a secondary listing on the Johannesburg bourse.
Johannesburg Stock Exchange (JSE) is set for a softer opening following a sluggish prior close, with Asian markets broadly lower and Tencent down 0.46%, offering a slightly negative read-through for Naspers and Prosus.
ANALYSISExchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a broadly negative performance in the week ended April 24, 2026, with the SIAML Pension ETF 40 leading the losers after plunging 40.29% to N7,343.15, as all tracked ETFs closed in the red.
MARKET NEWSFirst Mutual Holdings Limited has announced the listing of the First Mutual Wealth Gold Exchange Traded Fund (FMWG ETF) on the Victoria Falls Stock Exchange, denominated entirely in US dollars
MARKET NEWSThe Nigerian Exchange closed the week ended April 24, 2026, in positive territory, gaining 8,554.92 points to settle at 225,722.49 points and extending its strong upward momentum.
ZEN Petroleum Holdings PLC has officially listed on the Ghana Stock Exchange under the ticker symbol ZEN — marking one of the largest listings by an indigenous downstream petroleum company on the GSE in recent years
MARKET NEWSCapitec Bank Says FY Headline Earnings Per Share Increased By 23% To 14 606 Cents Per Share
MARKET NEWSAt the heart of Nasdaq in New York, the Regional Stock Exchange (BRVM) held a strategic edition of the BRVM Investment Days on April 21, 2026
MARKET NEWSThe Nigerian Exchange Limited (NGX) has announced the extension of its daily trading hours to 4:00 p.m., marking a major shift aimed at improving liquidity and investor participation in the Nigerian capital market.
MARKET NEWSThe Nigerian All-Share Index (ASI) closed at an all-time high of 218,113.84 points on April 20, 2026, gaining 0.44% from its opening level of 217,167.57 points.
MARKET NEWSSeplat Energy has made history as the first NGX stock to cross the ₦10,000 share price🔥
MARKET NEWSAnalysts value the business at between $40 billion and $50 billion, with the IPO expected to raise up to $5 billion through the sale of a minority stake of between 5% and 10%, positioning it as one of the most significant capital market transactions in Africa's history.
MARKET NEWSCasablanca Stock Exchange launches futures market and clearing house to align with international standards
In a landmark transaction for Zimbabwe’s financial sector, billionaire Strive Masiyiwa’s Econet InfraCo has officially commenced trading on the Victoria Falls Stock Exchange (VFEX).
MARKET NEWSThe Dangote Group has appointed Stanbic IBTC Capital, Vetiva Capital Management and FirstCap to lead the planned initial public offering of Dangote Petroleum Refinery & Petrochemicals on the Nigerian Exchange (NGX).
MARKET NEWSA new company made its debut on the Lusaka Securities Exchange on March 24, 2026: Klapton Reinsurance Plc (Klapton Re), a reinsurance player that opted for a direct listing rather than a traditional IPO.
MARKET NEWSThe Johannesburg Stock Exchange (JSE) has listed the Prescient China Balanced Feeder Actively Managed Exchange Traded Fund (AMETF), trading under the ticker PANDA. The fund is the first actively managed ETF in South Africa designed specifically to provide investors with exposure to Chinese markets.
MARKET NEWSA Nigerian poultry and fish farm just did 1,000% in 20 days. 🐔🐟 I need someone to explain this to me. Slowly.
MARKET NEWSThe suspension of trading in the shares of Zichis Agro-Allied Industries Plc by the Nigerian Exchange Limited (NGX) has now entered its third week, as regulators continue investigating the company’s extraordinary 800% price rally within one month of listing.
MARKET NEWSThe Johannesburg Stock Exchange has marked its first Main Board admission of 2026 with the inward secondary listing of Aimia Inc., a Toronto headquartered diversified investment group listed on the TSX and now trading on the JSE under the code AII.
MARKET NEWSThe Nigerian Exchange Limited (NGX) has recorded its first-ever Commercial Paper (CP) listing, admitting Dangote Cement Plc’s N119.87 billion issuance to its platform on Wednesday, February 18, 2026.
MARKET NEWSGTCO leads value as All-Share Index breaches 193,000, records 61,953 deals
MARKET NEWSEconet Wireless Zimbabwe Limited (“Econet” or “the Company”) remains in engagements with the Zimbabwe Stock Exchange with a view to publishing a circular to shareholders in relation to the proposed voluntary delisting of the Company
MARKET NEWSNigerian stocks have delivered the world’s second-best dollar returns this year, climbing 31% in 2026 and recovering $21 billion in market value lost following a sharp naira devaluation in 2024.
MARKET NEWSThe Kenyan government has officially launched a search for a strategic investor to inject between $1.2 billion and $2 billion into Kenya Airways (KQ) as part of a major restructuring to end reliance on public funds
MARKET NEWSShares of Aradel Holdings Plc have surged past the N1,000 mark for the first time ever, closing at N1,096.70 per unit on 16th February 2026.
SpaceX and xAI are in discussions to merge ahead of SpaceX's planned IPO, according to a Reuters report.