The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 0.86% to close at N15.84 trillion from N15.70 trillion the previous week, reflecting a gain of N135.50 billion. Stocks included in this classification are AIRTEL Africa,…
The equities market of the Nigerian Exchange Limited (NGX) on Monday gained N32billion as the rout in prices reversed on gains recorded in some high capitalised stocks. In summary, the NGX All-Share Index (ASI) grew by 60.86 points, representing an…
Flour Mills of Nigeria Plc (FMN) and Honeywell Group Ltd. (HGL) said they have signed an agreement for a proposed business combination valued N80 billion. Both companies said this in a statement posted on the website of the Nigerian Exchange…
The Securities and Exchange Commission (SEC) in collaboration with the Financial Literacy Technical Committee (FLTC), has joined the rest of the world to commemorate the 5th edition of the 2021 World Investor Week (WIW). The week-long event being coordinated by…
Lagos and London, 19 November 2021: Seplat Energy Plc (“Seplat Energy” or “the Company”), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has been upgraded to ‘B’ from ‘B-‘ by Fitch…
FMDQ Securities Exchange Ltd has approved the registration of the Viathan Funding Plc N20 billion Commercial Paper (CP) programme. FMDQ Exchange disclosed this in a statement said that the CP was approved by the FMDQ Board Listings and Markets Committee.…
Bearish sentiments dominated the local bourse last week, as the market recorded losses on four of the five trading sessions following profit-taking activities. Accordingly, the Nigerian Exchange Limited All-Share Index (NGX ASI) declined 53.74 basis points or 0.12 per cent…
Commodities Exchanges has been described as critical to enabling investment diversification, risk management, price discovery and transactional efficiency which will in turn create jobs and facilitate economic development among other benefits. The Director General of the Securities and Exchange Commission(SEC),…
Profit-taking activities continued on the equities market of the Nigerian Exchange Limited (NGX) as investors’ investment declined by N34 billion on sell-offs in 23 stocks. The NGX All-Share Index (ASI) dipped by 63.93 basis points, representing an decrease of 0.15…
The bearish sentiments resurfaced on the equities market of the Nigerian Exchange limited (NGX) on Wednesday with a decline of 0.22 per cent as investors took profit off Unilever Nigeria and 23 others. In summary, the NGX All-Share Index (ASI)…
