Nigerian Exchange Limited (NGX) has reclassified Skyway Aviation Handling Company Plc from Low Price Stock Group to Medium Price Stock Group. According to a statement from the NGX to notify trading license holders, the reclassification of Skyway Aviation Handling Company…
By Philemon Adedeji As at opening of this week, trading activities in the stock market of the Nigerian Exchange Limited (NGX) has been on declination for two-day consecutively, In yesterday trading equities market largely declined by 0.64 per cent, Following…
The Nigerian Exchange Ltd., (NGX) on Friday recorded the first gain of the week appreciating marginally by 0.06 per cent due to bargain hunting in some large and medium stocks. Accordingly, the market capitalisation gained 17 billion to close at…
The Nigerian Exchange Limited (NGX) intends to launch a blockchain-enabled exchange platform next year in order to expand trade and attract new investors. The move follows the Nigerian Securities and Exchange Commission’s establishment of legislation to regulate trade in digital…
Investors traded N6877.1billion worth of fixed income on the Nigerian Exchange Limited (NGX) in May when its market capitalisation increased to N22.44 trillion from N21.75 trillion reported in April. Despite a 12.12 per cent increase in total deals to 74…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) which has been maintaining upward trajectory since the close of trade last week Friday turn red yesterday by the following stocks, Champion breweries, Cornest,Etranzact and others, the cause of…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) which opened the week in good performance closed marginally on positive note for the second day of the week as, All shares index gained 184.42 basis points. The Nigerian…
By Philemon Adedeji The Nigerian equities market on the Nigerian Exchange Limited (NGX), which closed week on Friday on positive performance, still turned green for the opening of this week on Monday as Conoil, Pharmadeko, and 17 others drives market…
The Nigerian equities market posted losses of 2.18 per cent for the week on the back of 2.09 per cent gain in the preceding week. The bearish reaction is as a result of intense profit-taking from stocks already trading at…
By Philemon Adedeji The Nigeria’s equities market still turned red yesterday for the fourth day this week, depreciating by N85 billion or 0.25 per cent as investors registered losses in some stocks like Royalex Exchange, Global Spectrum Energy Service Plc,…
