The Nigerian Economic Summit Group (NESG) on Thursday commended the Federal Government for steps taken so far to increase investors’ confidence in the economy. It, however, urged it to do more for the betterment of the economy. Chairman of the…
Following recent proposed dividends from companies listed on Nigerian Exchange Limited (NGX), investors are set to earn over N780 billion for the year 2021. So far, 16 companies across seven sectors namely; Consumer goods, Financial services, Industrial goods, Oil and…
By Gloria Akudoro, Abuja The Minister of Mines and Steel Development, Arch. Olamilakan Adegbite, has urged the State Governments to create enabling environment for investment to thrive in the country. This call was made Tuesday when the State Governor of…
By Kayode Tokede Investments on the Nigerian Exchange Limited (NGX) equities market last week declined by N25 billion as investors took profit following the previous week gains. Last week, the performance of the equities market was mixed as the benchmark…
By Kayode Tokede Investors on the Nigerian Exchange Limited (NGX) equities market on Tuesday lost N1billion to extend the negative sentiment to four trading sessions. The performance was due to investors’ reduced interest in major sectors stocks. In summary, NGX…
By Kayode Tokede Investors on the Nigerian Exchange Limited (NGX) equities market on Thursday lost N26.68 billion over profit-taking in Guaranty Trust Bank Holding Company and 15 others. In summary, the NGX All-Share Index (ASI) declined by 31.44 basis points,…
By Kayode Tokede Trading activities on the domestic stock market yesterday closed on a positive note with a gain of N59.01 billion, by extending the current gaining streak to four consecutive trading session. Market watchers contributed to the renewed confidence…
By Kayode Tokede Trading activities on the Nigerian equities market on Wednesday sustained the previous day’s negative sentiment as the market performance indices dropped by 0.57 per cent, amidst profit-taking on Banking and Industrial Sectors. The downturn was supported by…
By Kayode Tokede Investors & Exporters traded a total foreign exchange of $78.77million in two days, according to the FMDQ Exchange. According to FMDQ, a $30.84million and $47.93million was traded on Monday and Tuesday respectively. However, the Naira gained by…
By Kayode Tokede A total turnover of 1.675 billion shares worth N23.541 billion in 21,732 deals were traded in the week by investors on the floor of the Exchange, in contrast to a total of 2.092 billion shares valued at…
