NGX: Investors get the N833BN while running the equity market continues

The equity market has a profitable trading session on Thursday, July 17, 2025, when investors at the Nigerian equity market obtained N833 billion when the stock exchange maintained its bullish escape.

This follows the surge in stock prices such as Bua Cement PLC (Buacement), Dangote Cement (Dangcem), and Chams PLC (Chams), among others, on the trading floor.

The All-Share Index (ASI) benchmark increased to 130,283.86 points from 128,967.08 points recorded on the previous trading day.

After five hours of trading in the capital market, the capitalization of equity increased to N82,417 trillion from N81,584 trillion recorded by the Exchange on Wednesday, July 16, 2025.

The extent of the negative market, with 30 advanced shares, 46 shares declined, and the remaining 67 shares did not change in 37,418 offers.

Also Read: Naira Loses N2.86 Against Dollars in Official Windows

Bua Cement PLC (Buacement), Dangote Cement (Dangcem), and Chams PLC (CHAMS) leads other retaining with 10%, 9.99%, growth of 9.96%each in the price closed at N112.20, N473.30, and N3.09 from N102.00 Previously, N430.30.30.30 and N2.81 per share.

Berger Paints (Berger), Haldane McCall (HMCall) May and Baker PLC (Maybaker) lead other prices with a decrease in 10% in stock prices to be closed at N33.75, N4.68 and N15.30 from N37.50, N5.20 and N17.00 per previous share.

On the volume index, the Access Holdings PLC (Accesscorp) led trade with 168 million shares in 2,889 offers, followed by First Bank Holding Co (Firstholdco), which was traded 86 million shares in 1,454 agreements.

Zenith Bank PLC (Zenithbank), traded 83 million shares in 2,118 agreements.

In the value index, Zenith Bank PLC (Zenithbank), emerged as the top stock traded, gathered N6.2 billion in 2,118 agreements, followed by Nigerian Brewers PLC (NB), who traded equity worth N5.0 billion in 387 agreements.

Access Holdings PLC (Accesscorp) shares traded worth N4.6 billion in 2,889 offers.

By: Babajide Okeowo

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        Introduction  A free, independent, and vibrant press is one of the strongest pillars of any democratic society. It is against this background that most democratic countries  make constitutional provisions for a free press . Others even go further to enact specific laws to make affairs of governments freely available to the public. Currently, there are more than  130 countries in the world that have free press laws. They include Sweden, United States, France, South Africa and Nigeria. Nigeria did not only make  constitutional provisions in Sections 22 and 39(1) of the 1999 Constitution ( as amended) but also went ahead to enact the Freedom of Information Act  in 2011. Section 22 of the 1999  Constitution states: “ “The press, radio, television and other agencies of the mass media  shall at all times be free to uphold the fundamental objectives contained in this chapter( ie Chapter II) and uphold the responsibility and accountability of the Government to the people”  Section 39(1)  of same Constitution states : “Every person shall be entitled to freedom of expression, including freedom to hold opinions and to receive and impart ideas and information without interference” ..  To complement these constitutional provisions, Section 1 (1) of the Freedom of Information Act (FOIA) states “Notwithstanding anything contained in any other Act, law or regulation, the right of any person to access or request information, whether or not contained in any written form, which is in the custody or possession of any public official, agency or institution howsoever described, is established.” while Section  2(2), states that: “A public institution shall ensure the proper organization and maintenance of all information in its custody in a manner that facilitates public access to such information”  Primary Purpose of FOIA  According to the Act, its primary purpose is to make information about public records freely available to every Nigerian in the public interest. …

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