The Nigerian equity market closed the week on a positive note on Friday, with investors gaining N157 billion. Specifically, the Nigeria Exchange Ltd. (NGX) market capitalisation, which opened at N60.104 trillion, gained N157 billion or 0.26 per cent to close…
…Equities market closes week in red as investors lose N6bn By Seun Ibiyemi Investors in the Nigerian equities market experienced a boom this trading week gaining N3.34 trillion on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation…
Aradel Holdings, yesterday, listed its shares on the Main Board of the Nigerian Exchange (NGX) at N702.69 per share. This follows the company’s recent announcement that it has signed a Sale and Purchase Agreement with global energy giant TotalEnergies and…
The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp). The NGX, in its weekly report, said that the suspension, on Thursday, was necessary to determine the shareholders entitled to receive the firm’s reconstructed…
To end the week, the stock market rebounded from previous losses, gaining N74 billion. Investor interest in MTN Nigeria, FBN Holdings, Guaranty Trust Holding Company (GTCO) and other equities lifted the market. Notably, the market capitalisation opened at N56.014 trillion,…
Nigeria’s equities market decreased further by N671 billion at the close of trading session on Thursday. The market’s negative close happened as investors sold mostly industrial and consumer goods stocks despite rally seen in oil & gas and insurance stocks.…
Investors in the Nigerian equities market enjoyed a profitable trading week raking in N121.07bn on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation rose to N56.78trn from N56.46trn the previous week. This follows a gain of N454.86bn…
The Securities and Exchange Commission (SEC) says it will encourage government agencies and state owned enterprises to list on the Nigerian Exchange Ltd. (NGX). The Director-General (D-G) of SEC, Dr Emomotimi Agama in an interview with journalists in Abuja on…
Nigeria’s equities market on Thursday recorded its first negative close in this holiday-shortened trading week. The NGX All-Share Index (ASI) decreased by 0.19 percent, following record sessions of positive closes in early trading this week. All key sectoral indices closed…
Greif Nigeria PLC, a manufacturer and marketer of steel drums, is set to enter the third and final phase of its delisting from the Nigerian Exchange (NGX) after resolving outstanding tax liabilities and other debts. The company, which was listed…
