Trading on the Nigerian Exchange closed negatively on Monday as investors await the outcome of the Monetary Policy Committee (MPC) meeting. The Central Bank of Nigeria (CBN) at its last MPC meeting had raised the monetary policy rate (MPR) which…
The financial services industry, measured by volume, led the activity chart of the Nigerian Exchange Ltd.(NGX) with 1.273 billion shares valued at N31.08 billion traded in 23,066 deals to close the week. Specifically, the industry contributed 73.36 percent and 63.74…
The market capitalisation of the Nigerian Exchange Ltd. (NGX), on Wednesday, further declined by N168 billion or 0.28 percent, following profit taking by investors. Specifically, the market capitalisation of listed equities depreciated to N58.947 trillion, from N59.115 trillion, which it…
The Nigerian Exchange Ltd.(NGX) market capitalisation on Monday closed on a negative note, losing N239 billion. Specifically, the market capitalisation which opened at N59.416 trillion, lost 0.40 percent or N239 billion to close at N59.177 trillion. Similarly, the All-Share Index…
The Nigerian Exchange Ltd.(NGX) extended gains on Friday, causing investors’ wealth to grow further by N582 billion due to buy interest on the nation’s bourse. Specifically, investors gained N582 billion in value as market capitalisation grew to N59.416 trillion from…
Investors on the Nigerian Exchange have increased their confidence in the equities market with N420 billion. The investments on Thursday pushed the market capitalisation to N56.73 trillion. The NSE’s NGX All-Share Index (ASI) also rose by 743.66 points to hit…
Transcorp Power is set to debut on the Nigerian Exchange Limited (NGX), boasting a market capitalisation of N1.8 trillion. The company is a member of the Transcorp Group, which includes Transcorp Hotel, equally listed as a separate entity. In a…
The value of transactions on the Nigerian Exchange Ltd. (NGX) on Wednesday further declined by 4.80 percent due to sustained selloffs in the shares of Tier- one banks. Specifically, investors traded a total of 396.23 million shares valued at N5.83…
Stakeholders in the Nigerian capital market community continue to grieve as it held a closing gong ceremony at the Nigerian Exchange Ltd. (NGX) to honour the late former Chairman of the NGX Group, Mr Abimbola Ogunbanjo. The late Ogunbanjo alongside…
Investors on the Nigerian stock market lost N729.16bn as the market closed negatively on Tuesday. The NGX All-Share Index also declined by 1.30 percent to close at 101,060.67 basis points, compared to the previous day’s loss of 3.15 percent to close…
