Equities market furthered its downward movement on Thursday as sell-side pressure continues on the Bourse. The market decreased by N118 billion or 0.21 percent at the close of trading. The market which saw pockets of demand in select names however…
Access Bank Plc, Nigeria’s leading institution in sustainable finance, was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a dedicated platform for listing sustainability instruments to integrate sustainability into the core of Nigeria’s…
By Esther Agbo The Securities and Exchange Commission (SEC) has given the green light to the Nigerian Exchange Group’s digital investment platform, NGX Invest, designed to simplify public offerings and rights issues in the capital market. The NGX in a…
The Securities and Exchange Commission has approved the Nigerian Exchange Group’s Invest, a digital platform designed to streamline public offerings and rights issues in the capital market and facilitate Nigeria’s $1 trillion economy drive. NGX disclosed this in a recent…
By Esther Agbo Seplat Energy Plc saw a significant decline on the Nigerian Exchange (NGX) today, with its share price dropping by 8.30percent to close at N3,480. This resulted in a market capitalization decrease of N185.16 billion. Seplat’s downturn was…
By Esther Agbo The Nigerian Exchange Limited (NGX) has announced the technical suspension of trading in the shares of eight companies due to non-compliance with post-listing requirements. According to the Exchange, trading in these companies’ shares was suspended because they…
By Esther Agbo The Nigerian Exchange Limited (NGX) has introduced its Impact Board, a specialised platform designed for listing sustainability instruments, aiming to embed sustainability within Nigeria’s capital market. This new board was inaugurated on Wednesday during a closing-gong ceremony…
Investors on Tuesday recouped losess from Monday’s trading gaining N25.72bn. The market gain was fueled by strategic buying interests in NAHCO (+3.74%), FIDSON (+9.26%), ZENITHBANK (+2.59%), UBA (+2.25%), GTCO (+1.88%), NB (+0.34%), UCAP (+0.18%), and 16 others. Consequently, investors gained…
The Nigerian equity market closed positive on Thursday with a gain of N6 billion, driven by investor interest in Seplat and sustained interest in Tier-one banking stocks. Specifically, gains in United Bank for Africa (UBA), Access Corporation, FBN Holdings, Guaranty…
The Nigerian Exchange Limited (NGX) has fined nine quoted companies N76.8 million for failure to file their audited financial statements after the regulatory due date. An investigation showed that the companies were sanctioned for their inability to meet the regulatory…
