Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc at a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos. The…
Nigerian Exchange Limited (NGX) has commended the Chairman, Geregu Power Plc, Mr Femi Otedola, CON, and the firm’s Board for instituting best practices in corporate governance and playing a leading role in the country’s power sector. This was at the…
By Philemon Adedeji At the close of trade yesterday on the Nigerian Exchange Limited (NGX) bearish sentiments continued to persist for the second day of the week primarily driven by selloffs in index heavyweight, Dangote Cement which offset gains in…
By Philemon Adedeji Opening the week yesterday, stock market closed on bearish sentiments amid selloffs in Index heavyweights, Airtel Africa (-8.31 per cent), MTNN (-1.27 per cent) and Seplat Energy (-4.17 per cent) and 19 others draw stock market lower…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX), yesterday closed on a bearish sentiments amid sell-offs in Guaranty Trust Holding Company (GTCO), Access Corporation and 12 others which dragged stock market to N7 billion. The NGX All-Share…
By Philemon Adedeji Equities Market on the Nigerian Exchange Limited (NGX) extended gains for the second consecutive session as investors in banking stocks which are Guaranty Trust Holding Company (GTCO) (+2.44 per cent), First Bank Holding of Nigeria (FBNH) (+0.46…
By Philemon Adedeji At the close of trade yesterday, Stocks investors gained N8.82 billion as market capitalization rose slightly to N29.909 trillion at the close of trade on the Nigerian Exchange Limited (NGX). Investors interest in Zenith Bank, Wapco Insurance…
By Philemon Adedeji Nigerian Exchange Limited (NGX) continues to build on its advocacy of inculcating a culture of saving and investing in young Nigerians as it celebrates the 2023 edition of Global Money Week (GMW). The event was held at…
The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years. Specifically, the NGX imposed the sum of N779.5 million fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and 12 other listed…
By Philemon Adedeji As Nigeria joins countries around the world to celebrate the annual Global Money Week, Nigerian Exchange Limited (NGX) and the Securities and Exchange Commission (SEC) will be supporting the Central Bank of Nigeria (CBN) with a series…
