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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

  • Palantir CEO Criticizes AI Spending of Anthropic and OpenAI Amid Rising Corporate AI Costs
    June 10, 2026, 12:38 PM EDT. Palantir CEO Alex Karp criticized major AI firms Anthropic and OpenAI for high enterprise AI spending and limited client satisfaction. Karp highlighted Palantir's role in supporting Anthropic projects and urged companies to move beyond costly token-based billing, a model charging users per text processed by AI. As corporate buyers set firm AI budgets, many face "sticker shock" with modest cost savings, per Bain data. Karp called out "token maxing," where usage inflates without real business impact, and promoted Palantir's steadier, operational AI approach. Meanwhile, Anthropic launched Claude Fable 5 to lower costs and add security features. Analysts like Wedbush reaffirm Palantir's strong position thanks to its integrated software and on-site engineers.

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Lemonade Shares Jump as Investors Zero In on Profit Path

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