The market capitalisation of the Nigerian Exchange Ltd. (NGX) shed N216 billion due selloffs in BUA Cement Plc and 19 others. The All Share Index declined by 396.35 points or 0.75 per cent, to close at 52,209.06 from 52, 605.78…
By Philemon Adedeji Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market. This was disclosed at the Closing Gong Ceremony, yesterday, in Lagos, commemorating the return of…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) extended gain for fourth consecutive session as the investors in Tier-1 banking names Zenith Bank (+0.41 per cent) and Guaranty Trust Holding Company (GTCO) (+0.41 per cent) were the main drivers of…
By Philemon Adedeji Equities market at the Nigerian Exchange Limited (NGX) opened the week with N62 billion gain in banking stocks. The gains were driven by sustained buy interests in ZENITH BANK (+1.46 per cent), Guaranty Trust Holding Company (GTCO)…
By Philemon Adedeji Nigerian Exchange Group Plc (NGX Group) has announced its unaudited results for the period ending 31 March 2023, the Group announced a 14.2 per cent year-on-year (YoY) decline in gross earnings to N1.6 billion from N1.8 billion…
By Philemon Adedeji Opening the week yesterday, trading activities on the Nigerian Exchange Limited (NGX) closed in red zone caused by Selloffs in WAPCO (-1.66 per cent), Geregu (-10.00 per cent) and Ecobank TransnationaI Incorporation (ETI)(-0.90 per cent) offset demand…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), the Nigerian equities market opened the week very strong, the market’s performance was primarily driven by demand in telco heavyweight MTNN which lifted stock market to N136 billion, alongside ZENITH BANK…
Nigerian Exchange Limited (NGX) and Ecobank Transnational Incorporated (ETI) have expressed mutual interest in partnering on sustainability initiatives and overall market development. This was stated at the Closing Gong Ceremony introducing the new Group Chief Executive Officer (GCEO) of ETI…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), trading activities closed on positive note as Tier-1 banking investors maintained consistent bargain by lifting market capitalisation to N18bn, the Tier-1 investors includes Zenith Bank (+0.23 per cent), Stannbic IBTC (+3.19…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) after three consecutive sessions of losses, closed on bullish sentiments yesterday as a result of gains recorded in Guaranty Trust Holding Company (GTCO) (+0.60 per cent), Nigerian Breweries (NB)…
