NGX

Seplat, Tier-1 banks raise stock market by N6bn

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…

NGX sheds N56bn as investors sell off banking stocks

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,…

Stock market extends rally by 0.53%

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…

FG lists N4.214bn April savings bonds on NGX

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,…