{
  "id": 7742994,
  "title": "Nigerian equities gain N650 billion as market cap hits N158 trillion",
  "url": "https://urgent.news/2026/09/16/nigerian-equities-gain-n650-billion-as-market-cap-hits-n158-trillion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T07:52:44.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/16/nigerian-equities-gain-n650-billion-as-market-cap-hits-n158-trillion/"
  },
  "original_language": "en",
  "account": "Nigerian equities surged N650 billion on Tuesday, September 15, 2026, as the All-Share Index (ASI) climbed 0.41% to close at 244,304.51 points, up from 243,299.24 points the previous day. This marked the fourth consecutive day of gains for the NGX ASI. The market capitalization reached N158.4 trillion, a 0.41% increase from N157.75 trillion. Trading volume improved, with 520.65 million shares exchanged in 71,977 deals compared to 428.9 million shares in the prior session. Among the strongest sector gains, the NGX Oil/Gas Index rose 0.69% to 6,035.23, while the NGX Banking Index increased 0.05% to 2,548.00. By contrast, ECOD Bank Transnational Inc. (ETI) dropped 10% to N66.60, while Trans-Nationwide Express fell 9.93% to N2.45 and Ava Capital Plc declined 9.90% to N4.55. Financial services remained the most actively traded segment on the main board, with 19,255 trades involving 285,127,166 shares.",
  "summary": "Trading on the Nigerian Exchange (NGX) closed higher on Tuesday, September 15, 2026, with the All-Share Index (ASI) rising by 1,005.27 points 0.41% just as the market capitalisation increased by N650 billion to close at N N158.4 trillion, up from N157.75 trillion in the previous session, representing a 0.41% increase. The post Nigerian equities gain N650 billion as market cap hits N158 trillion…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}