Nigerian Stock Exchange
Coverage of Nigerian Stock Exchange in the Nexus archive.
- Dangote Refinery IPO will be ‘landmark’ for Nigerian exchange
Dangote Refinery’s $4 billion IPO, valued at $40 billion, is poised to be Africa’s largest listing and a landmark for Nigeria’s stock exchange. The Nigerian Stock Exchange CEO, Temi Popoola, highlighted its potential to attract global investment and strengthen the exchange’s role in economic transformation. The refinery, now operating at full capacity and leading aviation fuel exports, has driven market growth and a 51% return for the exchange’s index in 2025.
- Oil’s Price Surge Spurs Nigeria’s Flip From Discount to Darling
Nigeria's stock exchange is experiencing a surge due to the price increase of oil, making it a desirable investment destination. The Nigerian Stock Exchange, located in Lagos, is benefiting from this trend. Oil's price surge is driving Nigeria's newfound attractiveness.