Trading session on the Nigerian Exchange Limited (NGX) closed in the red zone as investors expectedly continued their cautious sentiment amid dearth of positive triggers on Thursday. Oando, RT Briscoe, FTN Cocoa were mostly on offer while stocks like Berger…
Opening the week, investors’ interest in Tier-one banking stocks further extended gains of the Nigerian stock market capitalisation by N123 billion or 0.22 per cent. Gains in Zenith Bank, United Bank For Africa (UBA), Guaranty Trust Holding Company (GTCO), Fidelity…
Equity investors gained a total of N349 billion week-on-week, as the Nigerian Exchange Ltd.(NGX) market capitalisation appreciated by 0.63 percent to close the week. Specifically, the All-Share Index closed at 96,579.54 points, having opened at 95,973.45 points, while the market…
The Nigerian Exchange (NGX), All-Share Index (ASI) yesterday experienced a slight dip, falling by 0.07 percent. The All-Share Index declined by 64.41 percent, representing a loss of 0.07 percent, to close at 95,831.51 points. However, the overall market capitalisation value…
The Nigerian Exchange Ltd. (NGX) has lifted the suspension placed on trading in the shares of Guinea Insurance Plc, effective Aug.12. NGX, in its weekly report made available to newsmen in Lagos, confimed that the suspension was lifted because the…
Investors in Nigerian equities market enjoyed a fairly profitable trading week on the floor of the NGX gaining N480bn in the just ended trading week. This follows a loss of N107bn in the previous week. The bourse recorded losses in…
About one year after the move by the Central Bank to float the Naira and achieve a unified exchange rate, the market capitalisation of the Nigerian Exchange (NGX) has declined by $27.8 billion. Less than two weeks after assuming…
Foreign portfolio inflow into the Nigerian Exchange (NGX) in the first half of 2024 was about $161.4 million, representing a 14 percent year-on-year growth from $141.8 million as of the first half of 2023. The market recorded a total foreign…
By Esther Agbo In a bid to streamline environmental, social, and governance (ESG) practices across industries, the Chief Executive Officer of NGX Regulation, Olufemi Shobanjo, has advocated for the establishment of a centralised ESG regulatory authority in Nigeria. Speaking at…
Investors in the Nigerian equities market enjoyed a mixed feelings trading week on the floor of the NGX following a loss of N107bn in the just ended trading week. The bourse recorded losses in three of the five trading days…
