The exchange rate between the naira and the US dollar closed at an average of N773/$1 on Monday, at the black market, representing a 0.64 per cent appreciation as against N778/$1 recorded last week Friday. Also, naira improved against the…
The major fast moving consumer goods company quoted on the Nigerian Exchange Group Plc (NGX), Nestle Nigeria Plc has recorded a loss of about N199.036 billion at the end of last week to top the losers’ chart of the following…
By Philemon Adedeji At the close of the week on Friday, Nigerian equities market closed the session higher, bringing the All-Share index up by 1,321.97 basis points or 2.08 per cent to close at 47,554.34 points from 46,232.37 points it…
The NGX banking index grew by 0.25 per cent to close the week at 399.15 points, up from 398.16 last week. The market capitalisation of the top five banks in Nigeria, which are FBNH, UBA, GTCO, Access holding, Zenith Bank…
By Philemon Adedeji The British Deputy High Commissioner to Nigeria, Mrs Ben Llewellyn-Jones has stated that the UK Government is committed to supporting Nigeria’s Financial Sector – particularly the Capital Market in being more innovative, sustainable and resilient due to…
The Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr Temi Popoola, said that the limited flow of climate finance remains a major hindrance to the implementation of mitigation and adaptation actions in Nigeria and Africa as a whole. Popoola…
By Philemon Adedeji Investor confidence has been described as one of the key ingredients that will accelerate the growth of the nation’s capital market and increase both domestic and foreign investor participation. This was stated by the Minister of Finance…
The Nigerian Exchange Ltd. (NGX) on Thursday gained N203 billion as market capitalisation closed at N25.384 trillion from N25.181 trillion recorded on Wednesday. Also, the All-Share Index (ASI) increased marginally by 372.56 basis points or 0.81 per cent gain to…
The Nigerian Exchange Ltd. (NGX) on Wednesday maintained a positive performance as market capitalisation was up by N71 billion or 2.9 per cent to close at N25.181 trillion as against N24.471 trillion posted on Tuesday. Also the All-Share Index (ASI)…
As positive sentiment continued for the second trading day in the equity market despite volatility in the economy, Lafarge Africa Plc and MTN Nigeria Plc recorded a gain of N78.783 billion or 1.81 per cent during today’s trading. This was…
