NGX Gains 0.10% as Banking Stocks Lift Index on Dangote Refinery IPO Day
The Nigerian equities market opened the week on a mildly bullish note on Monday, September 14, 2026, as the benchmark All-Share Index (ASI) rose 0.10% to close at 243,299.24 points while the market capitalization added N159.8 billion to clo
The Nigerian Exchange's All-Share Index rose 0.10% to 243,299.24 points, with banking stocks driving the modest gain as market capitalization increased by N159.8 billion to N157.75 trillion. The timing coincides with the opening day of the Dangote Refinery IPO, though the marginal index movement suggests limited immediate broad-market impact from the listing. The banking sector's role in lifting the index indicates continued investor preference for financial stocks amid the capital-raising activity.
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