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…
The Nigerian Exchange Ltd.(NGX) market capitalisation, on Friday, closed positive with N248 billion gain. Specifically, the market capitalisation added N248 billion or 0.44 percent to its opening of N55.754 trillion to close at N56.002 trillion. The All-Share Index also gained…
Investors in the Nigerian equities market enjoyed a trading week of massive profit taking as they raked in a massive N607bn on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation rose to N56.00trn from N55.39 trillion the…
The Nigerian equity market opened the week with N111 billion loss recorded for investors, amid supplementary listing of eight billion ordinary shares of Japaul Gold and Ventures Plc. Specifically, the Nigerian Exchange Ltd.(NGX) market capitalisation, which opened at N55.394 trillion,…
By Esther Agbo FCMB Group Plc has expressed appreciation to key financial regulators and the Nigerian Exchange Group (NGX) for their crucial support in the successful execution of the initial phase of its transformational capitalisation programme. The achievement is seen…
Investors in the Nigerian equities market endured mixed trading sessions on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation fell to N55.39 trillion from N55.47 trillion the previous week. This follows a gain of N348.34 billion in…
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…
