The Nigerian equity market closed positive on Thursday with a gain of N6 billion, driven by investor interest in Seplat and sustained interest in Tier-one banking stocks. Specifically, gains in United Bank for Africa (UBA), Access Corporation, FBN Holdings, Guaranty…
The Nigerian Exchange Limited (NGX) has fined nine quoted companies N76.8 million for failure to file their audited financial statements after the regulatory due date. An investigation showed that the companies were sanctioned for their inability to meet the regulatory…
Losses in Teir-one banking stocks on Friday pushed the market indices into a negative terrain, making investors to lose N56 billion. Specifically, sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Fidelity Bank, Wema Bank,…
For the second time this week, Nigeria’s equities market increased on Tuesday by 0.53 percent as investors bought shares of Dangote Sugar Refinery, Nascon, PZ Cussons and Transcorp. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation…
The Nigerian Exchange Limited (NGX) has delisted the Shares of Arbico Plc from its Daily Official List of NGX. This was contained in the Exchange’s Weekly Report as seen by Nairametrics. The delisting follows the NGX’s approval of the Company’s…
Investors gained N61.65bn on Tuesday trading as the NGX All-Share Index (NGXASI) advanced by 0.11% to 98,285.33 points. The total volume traded declined by 45.05 percent to close at N222.90m, valued at N5.15bn and traded in 7,228 deals. GTCO was…
Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited. The leading cement manufacturer received the Platinum award for excelling…
The Federal Government has listed its April 2024 Savings Bonds worth N4.214 billion on the Nigerian Exchange Limited platform. This was disclosed in the market bulletin signed by Godstime Iwenekhai, Head, Issuers Regulation Department of NGX. According to the bulletin,…
The Nigerian Exchange Ltd. (NGX) has listed N4.075 billion of AVA Infrastructure Series One Fund on its trading platform. The Head, Issuers Regulation Department of NGX, Mr Godstime Iwenekhai disclosed this in a statement during the weekend in Lagos. Iwenekhai…
The stock market on the Nigerian Exchange Ltd. (NGX) on Wednesday closed flat as the capitalisation declined by N2 billion amid sell-offs in Dangote Sugar and 19 other stocks Notably, the market capitalisation which opened at N55.554 trillion, shed N2 billion…
