The Nigerian Exchange Group Plc (NGX) has said it is targeting onboarding more retail investors and it is reviewing listing rules to attract more investors into the Nigerian capital market. The Group Managing Director and Chief Executive Officer of the…
Dangote Cement Plc has promised to increase its rewards to loyal distributors of its products. Speaking at an award ceremony held to reward distributors in Lagos, Group Executive Director, Commercial Operations, Hajia Fatima Dangote, said the distributors must have seen…
The Nigerian Exchange Ltd. on Friday recorded N138 billion growth following continued investors’ buy interest in stocks of Tier-one banks. Specifically, the market capitalisation which opened at N55.900 trillion rose by N138 billion or 0.25 percent to close at N56.038…
Mr Jude Chiemeka, Acting Chief Executive Officer (CEO), Nigerian Exchange Ltd. (NGX), says the stock market facilitated the raising of over N3.85 trillion by government and corporate entities to finance various projects. Chiemeka stated this in an interview with the…
The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, has declared that the apex bank is set to wield a rod of discipline to ensure adherence to regulations in the forex market and also tame inflation. The CBN Governor…
The Nigeria exchange continued its impressive run on Wednesday as the All Share Index (ASI) crossed the 100,000 mark. The ASI advanced by 3.0 percent, closing at 101,571.11 basis points, compared to the previous day’s gain of 2.97 percent, which…
The domestic bourse on Tuesday appreciated further, making the market turnover on the Nigerian Exchange Ltd. ( NGX) to rise by 12.97 percent. Market activities showed that 747.51 million shares valued at N16.28 billion were exchanged in 16,589 deals. As…
The Nigerian stock market opened on Monday with an advancement in the All-Share Index advanced by 1.30 percent, closing at 95,768.12 basis points. Recall that the market had crossed the 90,000 Mark last week closing at 94,538.12 basis points. With…
Dangote Cement Plc has emerged as the first Nigerian company to hit N10trillion in market capitalisation on the Nigerian Exchange. The Cement manufacturer shares gained 9.99 percent yesterday to close with a share price of N592.60, thus reaching a market…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa. The recognition of the bank’s outstanding performance reaffirms…
