NGX

Stock investors record N8.82bn gain

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…

NGX fines 16 firms N779m in three years

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…