The Nigerian Exchange Limited (NGX) has fined eight quoted companies N32.74 million for failure to file their unaudited financial statements after the regulatory due date. An investigation showed that the companies were sanctioned during the current year 2023 for their…
Nigeria Exchange Limited (NGX) has approved CWG Plc’s free float compliance extension request for three years (2023- 2026). According to a press release signed by Company’s Secretary DCSL Corporate Services Limited, the extension is to enable the Company to comply…
By Philemon Adedeji Opening the week, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) relapsed by 289 basis points or 0.44 per cent to close at 65,036.37 points driven by profit taking in ZENITH BANK (-2.57 per cent), GTCO (-0.79…
By Philemon Adedeji The Ministry of Finance Incorporated (MOFI), yesterday disclosed that it is partnering with The Nigerian Exchange Limited (NGX) to drive the federal government assets base to N100 trillion from N18 trillion in the next 10 years. The…
…Urges FG to create enabling policies to attract listings Nigerian Exchange Limited (NGX) has disclosed that it is working with the Central Securities Clearing System (CSCS) Plc and Euroclear to create a dollar settlement platform that will enable tech startups…
…Calls for more collaboration, awareness By Philemon Adedeji With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have…
By Philemon Adedeji Opening the week yesterday, Trading activities on the Nigerian Exchange Limited (NGX) closed on a bullish sentiments amid gains recorded in, MTNN (+1.08 per cent), BUAFOODS (+0.75 per cent), alongside ZENITH BANK (+0.29 per cent) kept the…
The Nigerian Exchange Limited has notified the investing public that it has lifted the suspension placed on trading in the shares of Presco Plc for default in filing its financials as when due. According to the report, NGX stated: “We…
By Philemon Adedeji The Nigerian equity market ended the trading week in downbeat, as the NGX All-Share-Index (ASI) shed 64.98 basis points closing at 65,198.08 index points, in contrast to the previous session’s gain of 155 basis points when it…
In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilisation to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC) and…
