Stock market rebounds, investors gain N4.57trn despite Dangote IPO

Vanguard News | 21-09-2026 07:24am |

The Nigerian stock market rebounded last week, with investors gaining over N4.57 trillion on the Nigerian Exchange Limited (NGX). This occurred despite the ongoing N2.2 trillion Initial Public Offering (IPO) of Dangote Petroleum Refinery. The NGX market capitalization surged to N162.157 trillion from N157.587 trillion the previous week, while the All Share Index rose to 249,804.56 points from 243,052.74 points. A total turnover of 3.249 billion shares worth N237.986 billion in 287,919 deals was traded.

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