The Nigerian equities market extended gains for the fifth consecutive session on a favourable trajectory, with investors continuing to exhibit a positive outlook towards prominent stocks. The benchmark All Share Index (ASI) closed at 65,669.29 absolute points, marking a surge…
By Philemon Adedeji Opening the week yesterday, the Nigerian Exchange Limited (NGX) maintained an uptrend as investors recorded N850.97 billion daily gain. Riding on improved sentiments, equities investors saw market capitalisation expanding nearly N35.18 trillion. Similarly, the NGX All Share…
By Philemon Adedeji In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria…
By Philemon Adedeji Nigerian Exchange Group Plc (NGX Group) is set to hold its 62nd Annual General Meeting (AGM) on Friday, 14 July 2023, at 11:00 a.m. The AGM, which is in accordance to the provisions of Section 235 of…
The Group Managing Director and Co-founder of Access Holdings, Dr. Herbert Wigwe, Nigeria’s largest bank holding company has experienced a significant increase in his wealth, appreciating an estimated N11.3 billion from his shares in the past 12 days. The appreciation…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalization appreciated by 3.40 per cent to close the week at 63,040.41 and N34.326 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Consumer…
The banking index closed the week on a positive note to emerge as the best-performing sectorial index with a gain of 9.82 per cent. On a general note, the NGX All-Share Index and Market Capitalization appreciated by 3.40 per cent…
By Philemon Adedeji The Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola has expressed optimism around the recent policies by the Federal Government since the inauguration of President Bola Tinubu, saying that investors are responding positively with bullish sentiments…
Federal High Court in Abuja has adjourned the trial of Ovaioza Yunusa who was alleged to be involved in a scam of N2 billion to July 12, 2023. The presiding Judge, Justice Gladys Olotu adjourned the case because the defense…
By Philemon Adedeji Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market stakeholders on Monday held a mock-trading session and Closing Gong Ceremony in honour of late Otunba Subomi Balogun, FCS, CON, the founder of FCMB Group.…
