The NGX All-Share Index declined by 0.13 percent to close at 97,343.42 basis points on Wednesday. This is as investors also lost N73.85bn making the stock market to close negatively, losing 130.56 basis points with a negative market breadth. The…
As part of its capacity building functions, Lagos Commodities and Futures Exchange (LCFE), has onboarded and inducted another 23 Commodities Brokers, the fourth edition in the series, to increase the number of professionals to specialise in various asset classes in…
President Bola Tinubu has asked the Senate to screen and confirm four persons appointed as board members of the Securities and Exchange Commission (SEC), the apex regulator of Nigeria’s Capital Market. The President’s request was contained in a letter read…
Nigeria’s equities market furthered its movement southwards as more investors took sell positions on Tuesday. The market decreased further by 0.24 percent or N132 billion at the close of trading on Tuesday as more investors exited long positions in some…
Nigerian Exchange Group Plc realised N6.959 billion from transaction fees and treasury investment income in the 2023 financial year ended 31 December 2023. This/ was contained/ in the group’s 2023 annual financial report. The amount represents a 34.19 percent growth…
Unilever Nigeria Plc and its shareholders have approved the dividend of 75 kobo per share, an increase from the 25 kobo declared in 2022. A statement by Unilever said during the Company’s 99th Annual General Meeting, which was held in…
GTCO Plc will be listing its shares on the official lists of both the Nigerian Exchange Limited (NGX) and London Stock Exchange (LSE). This follows an approval by GTCO shareholders at its third Annual General Meeting where they approved the…
Nigeria’s stock market opened the new week on a negative note after decreasing by 0.53 percent or N297 billion. No thanks to shares of Seplat Energy Plc which recorded its highest dip this year as more investors sold the stock…
The Nigerian Exchange Ltd. (NGX) has listed N4.075 billion of AVA Infrastructure Series One Fund on its trading platform. The Head, Issuers Regulation Department of NGX, Mr Godstime Iwenekhai disclosed this in a statement during the weekend in Lagos. Iwenekhai…
The stock market on the Nigerian Exchange Ltd. (NGX) on Wednesday closed flat as the capitalisation declined by N2 billion amid sell-offs in Dangote Sugar and 19 other stocks Notably, the market capitalisation which opened at N55.554 trillion, shed N2 billion…
