The equity capitalisation in the Nigerian capital market crashed by 1.38 percent at the close of trading on Friday. This represented a N518.08 billion dip in the value of investments at the capital market from N37.36 trillion to N36.84 trillion…
The mega entity that will emerge from the proposed merger of three subsidiaries of Dangote Industries Limited, two of which are listed in the Nigerian stock market, will be known as Dangote Foods Plc. Dangote Foods Plc, planned to be…
The Debt Management Office (DMO), has assured prospective investors in Federal Government of Nigeria (FGN) securities of profitable yield on their investments. The Director-General of the DMO, Patience Oniha, said this on Thursday in Maiduguri during the FGN Securities Issuance…
Stocks traded on the Nigerian Exchange Limited (NGX) fell by 62.65 percent in August to the lowest level in four months. According to new official data, the total transactions tumbled to N262.56 billion last month from N702.98 billion in July.…
Data from the Central Bank of Nigeria (CBN) Money and Credit Statistics has revealed that credit to government has appreciated by 55.07 per cent YoY from N20.97 trillion reported in August 2022, while credit to private increased by 36.21 per…
The Nigeria Exchange Limited (NGX) has approved the delisting of shares of Capital Hotels Plc to enable the company to explore strategic opportunities. This was disclosed via a corporate filing statement sent to Nigeria Exchange Limited where the hospitality company…
NGX Regulation Limited has announced the release of the Code of Conduct for Approved Persons of Trading License Holders of Nigerian Exchange Limited (NGX). According to a statement made available by the NGX, approved by the Securities and Exchange Commission…
The Nigerian Exchange Limited (NGX) has removed the Compliance Status Indicator (CSI) of BLS (Below Listing Standard) placed on Transcorp Hotels Plc. This was contained in a compliance report issued by the company and obtained by Nigerian NewsDirect. According to…
…Establishes digital advisory panel The Nigerian Exchange (NGX) is contemplating the launch of a private issuance market that permits non-listed companies to raise capital and conduct other transactions through the Exchange’s platform. The Chief Executive Officer of the Nigerian Exchange…
The CEO of Nigerian Exchange Limited (NGX), Mr. Temi Popoola, has affirmed that Exchange is fully poised to lend its support to the Federal Government’s objectives. NGX aims to achieve this by mobilising capital, which, as he put it, “will…
