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NGX:NGXGROUP 21 February 2026 - 1 March 2026

NGX Group dividend and bonus plan jolts the stock — what Nigeria’s market watches this week

NGX Group dividend and bonus plan jolts the stock — what Nigeria’s market watches this week

NGX Group shares jumped 9.8% Friday to 124 naira after posting a 44% rise in 2025 operating profit and declaring a 3 naira full-year dividend plus a 1-for-3 bonus issue. The NGX All Share Index ended February up 23.9% year-to-date at 192,826.78 points, with market capitalisation at 123.76 trillion naira. The market reopens Monday after the weekend closure.
1 March 2026
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NGX Group share price jumps to N124 after profit, dividend hike and bonus plan — what to watch next

NGX Group share price jumps to N124 after profit, dividend hike and bonus plan — what to watch next

NGX Group shares jumped 9.8% to close at 124 naira Friday, following a profit rise to 15.6 billion naira for 2025 and a proposed 1-for-3 bonus share issue. The company declared a final 2 naira dividend, bringing the yearly total to 3 naira per share, pending shareholder approval. Trading volume hit 13.85 million shares. The NGX All-Share Index fell 0.38% as Dangote Cement slumped.
28 February 2026
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Stock Market Today

  • Bitcoin Leads Federal Reserve Moves Amid Rise of Spot ETFs
    April 5, 2026, 2:39 PM EDT. Bitcoin's price dynamics have shifted, no longer tracking Federal Reserve policy changes but anticipating them, according to a Binance Research report. This transformation is tied to the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission in January 2024. Previously, bitcoin's price followed global easing cycles with a slight delay, influenced mainly by retail investors reacting to macroeconomic changes. Now, institutional investors using ETFs drive the market, positioning bitcoin prices months ahead of central bank actions. Binance suggests bitcoin has become a "leading pricer," factoring in anticipated policy shifts sooner. This shift occurs amid rising stagflation concerns and volatile rate expectations, signaling bitcoin's evolving role as a forward-looking asset in financial markets.
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