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NGX strength broadened: ASI 140,545.69 (+1.13% WoW), market cap ₦88.922trn, 3.188bn shares for ₦99.685bn, breadth 70–22. Financials led volume; Oil & Gas carried value.
The milestone extends BUA Foods’ lead over MTN Nigeria, which it overtook on 7 August, and ahead of Airtel Africa (₦8.68trn/$5.78bn) and Dangote Cement (₦8.63trn/$5.74bn). Its sister firm, BUA Cement, holds a market cap of ₦5.14trn ($3.42bn).
NGX slipped 0.94% as value rose 5.7% on selective big-ticket trades. Breadth stayed weak, but Thursday’s broad rally and financials’ heavy volumes set the tone for a tactical week ahead.
Ethiopia’s long-awaited stock market, the Ethiopian Securities Exchange (ESX), has begun to take shape after decades without a modern capital market. Officially launched on January 10, 2025, the exchange is central to the country’s financial liberalisation drive.
Nigeria’s Securities Exchange suspended three insurers for missing filing deadlines, with two now compliant and awaiting suspension lifts.
NGX closed −0.50% as turnover cooled (3.20bn shares, ₦85.40bn) and breadth narrowed (32 gainers vs 57 losers). Dividend plays led. New week: watch 141,000 on ASI and flows in banks/consumer names now.
Tracking the ups and downs of Egypt’s biggest companies just became easier. On August 17, 2025, the Egyptian Exchange (EGX) unveiled its first-ever mobile app, giving investors real-time access to market data directly from their phones—anywhere in the world.
Access Holdings Plc, Nigeria’s largest banking group by assets, saw its share price extend a two-day losing streak on Thursday after the appointment of Innocent Ike as Group Managing Director/CEO.
CIF listed on the Main Board of the Nigerian Exchange Limited (NGX) on Monday, debuting at ₦100 ($0.07) per unit with 87.9 million outstanding units, giving it a market value of ₦8.79bn ($5.72m).
The NGX All-Share Index fell 2.51% last week, wiping ₦2.2trn in value as banks and insurers slumped. Yet Consumer Goods (+0.83%) and Growth stocks (+4.14%) held firm, signaling a smart money shift. Here’s what it means for your strategy.
As of August 1, 2025, the ten largest African companies on the LSE had a combined market cap of £29.6bn, dominated by four South African firms, followed by two Nigerian and one each from Egypt and Kenya, with the remaining headquartered in London but operating heavily in Africa.
The NGX lost 0.77% last week, but insurance and growth stocks soared, delivering gains above 30%. Smart money rotated into defensive and high-beta plays.
NGX rallied as ASI rose 3.18% to 145,754.91 and market cap hit ₦92.2trn. Turnover swelled to 8.74bn shares as investors rotated into insurers (+41%) while banks cooled. Breadth improved to 66 gainers vs 41 losers—momentum into 11 Aug looks constructive.
According to the CBK, the mobile bond system must be able to handle at least 40 million transactions simultaneously and be accessible round the clock via USSD, mobile apps, and the web.
BUA Foods has surged to the top of the Nigerian stock market, becoming the most valuable listed company with a market capitalisation of ₦10.4 trillion ($6.78 billion). The milestone follows an 8.7% rise in its share price to ₦574.9, propelling it past MTN Nigeria
NGX bulls roared last week: All-Share Index +5.07 % to 141,263 pts, market cap ₦89.4 trn. Turnover jumped 33% to ₦149.8 billion as industrials & growth stocks led. Breadth solid (54 gainers vs 49 losers). Eyes on the 145k mark this week.
Although slightly the delayed, the shift remains a critical step in widening Kenya’s financial inclusion as it eliminates the long-standing rule requiring investors to buy shares in lots of 100.
Please read our full report for the last trading week of July 2025. See what happened last week and our recommendation for this week.
Find all licensed stockbrokers in Nigeria for 2025. Choose wisely with our complete list, top picks, and tips for opening a trading account.
Read our stock market analysis for the week ended July 18th, 2025. We also show you what to look out for in week 4 of July 2025.