The Nigerian stock market started the week on a downbeat note on Monday, extending the losses recorded on Friday as key performance indicators slipped by 0.44 per cent. The Nigerian Exchange Ltd. (NGX) saw its market capitalisation fall by N297…
Sterling Financial Holdings Company Plc has notified the Nigerian Exchange Limited (NGX), its shareholders, and the investing public of the delay in the filing of its Audited Financial Statements (AFS) for the year ended December 31, 2024 and by extension,…
Nigerian Exchange Limited (NGX) All Share Index (ASI) crossed the 109,000 points mark on Wednesday as the stock market maintained its earnings-induced rally. The upward movement on Wednesday by 0.57 percent happened as impressive first-quarter (Q1) financials continued to drive…
By Seun Ibiyemi Nigeria’s equities market experienced a record-breaking performance on Tuesday, gaining N1.04 trillion in a single day, the highest daily increase so far this month, driven by strong investor interest in large-cap stocks, especially Nestle Nigeria Plc. At…
…As market capitalisation gains N413bn By Seun Ibiyemi The Nigerian Exchange Limited (NGX) kicked off the trading week on a positive note, with the All-Share Index (ASI) rising by 0.62 percent on Monday, May 5, driven by heightened investor interest…
The Nigerian stock market has experienced a bullish run over the past five years, with publicly traded companies reporting unprecedented profits and increased revenues. The NGX (Nigeria’s major stock exchange) demonstrated resilience and strong performance, achieving a 37.65% return in…
…Customers criticize charges Four banks have posted N979.77 billion as Profit Before Tax (PBT) for the first quarter of 2025 ended March 31. The financial statements posted on the Nigerian Exchange Group (NGX) platform, reveals that all the banks recorded…
The Nigerian Exchange Group (NGX) has announced a profit of N2.1 billion for the first quarter of 2025. The Exchange disclosed this in its unaudited financial statement released on Wednesday. This represents an increase compared to the N1.34 billion profit…
Nigeria’s equities market closed lower on Tuesday, marking its first decline of the week, as investors cashed in on recent gains in heavyweight stocks such as MTN Nigeria. The selloffs redirected the market into negative territory amid a cautious trading…
Stock market investors traded 1.854 billion shares worth N56.025 billion in 51,386 transactions on the floor of the Nigerian Exchange Ltd. this week. This is in contrast to the 1.525 billion shares valued at N43.006 billion that exchanged hands last…
