By Philemon Adedeji The Nigerian Equity market saw an increase of N270.24 billion as trading activities closed with a positive sentiment from investors. The All-Share Index (ASI) attained an uptick of 496.31 basis points or 0.81 per cent to end…
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.…
By Philemon Adedeji Opening the week at the Nigerian Exchange Limited (NGX), the Nigerian equities extended its bullish run as the All Share Index (ASI) appreciated by 980.97 basis points or 1.61 per cent stronger to close at 61,949.24 absolute…
…Naira closes month at N769.25 to a dollar at I&E window …Nigeria’s electricity deficits require a five-fold increase in annual investment By Seun Ibiyemi The Nigerian Exchange Limited (NGX) concluded the first half of the year on a positive note,…
The trading week came to a positive close on the local bourse, as bullish market conditions prevailed and favoured the All-Share Index. The banking and telecommunications sectors witnessed a notable rally, which contributed to a 1.43 per cent increase in…
By Philemon Adedeji Equity investors who have endured long periods of bearish sentiments on the floor of Nigerian Exchange Limited (NGX) had cause to smile as their wealth rose to N5.3 trillion in the first six (H1) of 2023 amid…
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation appreciated by 2.98 per cent to close the week at N60,968.27 and N33.198 trillion respectively. Similarly, all other indices finished higher while the NGX ASeM and NGX Sovereign Bond.…
By Philemon Adedeji On the backdrop of political uncertainty, low yield return on investment caused by double-digit inflation among other factors, domestic and foreign investors portfolio transactions on the Nigerian Exchange Limited (NGX) dropped nearly 31 per cent to N1.04…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed bullished amid gain recorded in MTNN (+2.77 per cent), Zenith Bank (+4.62 per cent), and Guaranty Trust Holding Company (GTCO) (+5.20 per cent) buoyed the broad market’s strong…
By Philemon Adedeji The total amount of transactions on Nigerian Exchange Limited (NGX) grew to N322.92 billion in the month of May as against N191.21 billion in the previous trading month, thus representing a 68.88 per cent increase. This is…
