Nigeria’s stock market gained about N779billion on Wednesday after rising by 1.17percent, its highest daily gain since the beginning of this month. The record gain was driven majorly by stocks like Transcorp Hotels, VFD Group, Eterna, Ikeja Hotel and Honeywell…
VFD Group Plc has reported a full-year pre-tax profit of N12.4 billion, as detailed in their earnings report released on the Nigerian Exchange (NGX) on February 10, 2025. This marks a strong turnaround from the pre-tax loss of N1 billion…
By Seun Ibiyemi The Nigerian equities market sustained the bullish trend recorded last week as investors gained N883.7bn on the trading floor of the Nigerian Xchange (NGX) in a perfect trading week. Recall that investors recorded a gain of N1tr…
Nigeria’s equities market moved further north by 0.15 percent on Tuesday as stocks like Northern Nigeria Flour Mills and Beta Glass pushed the local bourse higher. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities Market Capitalisation increased from…
Nigeria’s equities market failed to stay on the previous day’s negative lane as investors’ interest in Aradel Holdings, Stanbic IBTC Holdings and other major gainers pushed the market back into the green zone on Wednesday. The market rose by 0.57…
The Nigerian Exchange Group (NGX), has sought collaboration with the Economic and Financial Crimes Commission (EFCC) in enhancing compliance with digital trading of assets and ridding the country’s stock market of fraud. EFCC Spokesperson, Dele Oyewale disclosed this to Nigerian…
By Seun Ibiyemi Nigeria’s equities market recorded another session of negative close on Thursday amid scarcity of positive triggers capable of keeping the market on the positive path. The market decreased by 0.05 percent on Thursday, thereby strengthening the previous…
Stanbic IBTC Holdings has launched its N148.7 billion Rights Issue on the Nigeria Exchange NGX e-offering platform, NGX Invest. Presented at the Facts Behind the Rights Issue event on Tuesday, the NGX disclosed that the offer, which has been opened…
By Seun Ibiyemi Nigeria’s equities market recorded another session of negative close on Thursday amid scarcity of positive triggers capable of keeping the market on the positive path. The market decreased by 0.05 percent on Thursday, thereby strengthening the previous…
The Nigerian stock market started the week on a positive note, recording a gain of N10 billion or 0.02 per cent, boosting investor portfolios. The Nigerian Exchange Ltd. (NGX) market capitalisation increased from N62.851 trillion at the opening to N62.861…
