…As Tier-1 banks record gains in share price The NGX All-Share Index (ASI) has crossed the 80,000 mark, as the All-Share Index closed at 80,324.53 points on January 8, 2024. This is as the equities market also gained N363 billion…
By Sodiq Adelakun Nigerian financial institutions, fintech companies, a blockchain firm, and the Africa Stablecoin Consortium have announced that they will be unveiling a Naira stablecoin called cNGN on February 27, 2024. The consortium made this announcement in a statement…
Investors net worth on the Nigerian Exchange Ltd. (NGX) further appreciated by N899 billion or 2.11 per cent to end trading for the week. Specifically, market capitalisation closed at N43.593 trillion as against N42.694 trillion recorded on Thursday. Also, the…
The Nigerian Exchange Limited (NGX) finished the first week of 2024 on a positive note, buoyed by sustained investor confidence in listed companies. This momentum has instilled optimism for a potentially bullish market in 2024, bringing the All-Share index up…
Investors net worth on the Nigerian Exchange Ltd. (NGX) further appreciated by N899 billion or 2.11 per cent to end trading for the week. Specifically, market capitalisation closed at N43.593 trillion as against N42.694 trillion recorded on Thursday. Also, the…
The Nigerian Exchange Limited has said that its partnership with the National Pension Commission (PenCom) will strengthen the participation of Pension Fund Administrators (PFAs) in the equities market through the NGX Pension Broad Index. Acting CEO of Nigerian Exchange Limited,…
For the fifth consecutive day, the NGX has achieved new milestones. Today, the market surpassed the 78,000 mark, with the All-Share Index (ASI) appreciating by 0.62 percent and reaching 78,020.54 points. At the close of trading for January 5, 2024,…
The review of the indexes done by the Nigerian Exchange Limited has seen some banking stocks, such as FBN Holdings, Guaranty Trust Holding Company Plc, FCMB Group, and Stanbic IBTC Holdings Plc, added to the Banking Index. In a corporate…
One day after crossing the 75,000 mark, the NGX has continued its bullish run, appreciating by 2.04 percent, gaining 1,546.69 points to hit 77,537.57 points. Equities gained N847 billion, as the market capitalisation crossed to N42.430 trillion. Gains in the…
It was a harvest of capital gains for the shareholders of Transport Hotels PLC, Chams Holding Company PLC and WG PLC, as they towered above the ten companies that topped the winners’ chart on Nigeria Exchange Limited (NGX) in capital…
