The equities market of the Nigerian Exchange Limited (NGX) closed trading on Wednesday after the public holiday on a positive note with the market capitalisation improving by N55 billion. The bullish performance was buoyed by investors’ bargain hunting in the…
By Kayode Tokede The value of Nigerian Exchange Limited (NGX) top 10 highly capitalised stocks dropped in nine months of 2021. The top 10 highly capitalised stocks on the NGX are Dangote Cement Plc, MTN Nigeria Plc, Airtel Africa Plc,…
By Kayode Tokede Following a successful four-year termhighlighting his outstanding performance and exemplary leadership style, the Board of Directors of Central Securities Clearing System (CSCS) Plc has announced the reappointment of Haruna Jalo-Waziri as Managing Director/Chief Executive Officer for another…
By Kayode Tokede The Ambassador of Japan to Nigeria, Mr Matsunaga Kazuyoshi, says the total trade volume between Nigeria, the economic powerhouse in Africa, and Japan is one billion dollars per year. Kazuyoshi stated this via a recorded video, on Monday,…
By Kayode Tokede The equities market of the Nigerian Exchange Limited depreciated by N153billion on Monday to halt four consecutive days bullish sentiment. The downturn was due to market watchers’ sell-off sentiment in all major sectors, except the banking and…
By Kayode Tokede AXA Mansard Insurance Plc, a member of AXA, a global insurance and asset management firm said it has concluded its regulatory-driven share capital increase process. A statement from the underwriters said this followed the National Insurance Commission’s…
By Kayode Tokede Fidelity Bank Plc has said it planned to raise $500million capital from the international debt capital market through an unsecured notes insurance. The Company Secretary, Fidelity Bank, Ezinwa Unuigboje in a statement on the Nigerian Exchange Limited…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX), appreciated by N329billion in one week to close at N21.625trillion from N21.296trillion it opened for trading last week. The equities market recorded its fifth consecutive weekly gain as…
By Kayode Tokede Nigerian Exchange Group Plc (NGX Group) has announced the successful listing of its shares on the Main Board of Nigerian Exchange Limited (NGX). Having satisfied the Listing Requirements of The Exchange and obtained relevant regulatory approvals, NGX…
By Kayode Tokede The management of Ecobank Transnational Incorporated (ETI) has notified the Nigerian Exchange Limited (NGX) of releasing its audited third quarter (Q3) ended September 30, 2021 on or before December 7 2021. The Group Chief Financial Officer, ETI, Ayo…
