Mr Jude Chiemeka, Acting Chief Executive Officer (CEO), Nigerian Exchange Ltd. (NGX), says the stock market facilitated the raising of over N3.85 trillion by government and corporate entities to finance various projects. Chiemeka stated this in an interview with the…
Trading yester day at the Nigerian equities market closed negatively for the new week. This is as the NGX Market CAP also recorded a loss of N258.85bn in Naira terms. UNIVINSURE had the highest volume contribution with 16.42 percent, while…
Following a string of negative market closing since Monday, the Stock Market made a rebound on Wednesday with investors gaining N132.4billion. Market findings by Nigerian NewsDirect on the Nigerian Exchange Limited revealed that Nigerian equities market closed positively, gaining 243.51…
The Stock Market on Tuesday closed negatively making it the second time this trading week. The Nigerian Exchange Limited (NGX) had yesterday reported depreciation in the market capitalisation of the market to N132.4 billion. In Tuesday’s trade, investors lost N164.7…
Trading on the Nigerian equities market closed negatively with investors losing N57.31bn on Monday. The NGX All-Share Index (ASI) declined by 0.15 percent, closing at 71,008.70 basis points, compared to the previous day’s gain of 0.12 percent, which closed at…
The Nigerian Stock Exchange (NGX) All-Share Index appreciated by 29.52 percent to close at 66,382.14 index points in the third quarter of 2023. This development has pushed the market to its 15-year high on the back of strong positive sentiments.…
Investors in the Nigerian stock market are proceeding with caution as they continue to sell off their positions due to the weakening naira. This selling pressure has led to a significant decrease of 0.34 per cent or N126 billion in…
Investors in the Nigerian stock market are proceeding with caution as they continue to sell off their positions due to the weakening naira. This selling pressure has led to a significant decrease of 0.34 per cent or N126 billion in…
By Philemon Adedeji The Nigerian equities market closed yesterday in red zone amid bearish sentiment in industrial giant, by DANGOTE CEMENT (-1.35 per cent) alongside NESTLE Nigeria (-1.39 per cent) and ZENITH BANK (-0.14 per cent) drove the market’s weak…
By Philemon Adedeji Trading activities on Nigerian Exchange Limited (NGX) closed yesterday on green posture, the market’s performance was primarily driven by demand in BUAFOODS (+2.56 per cent), ZENITH BANK (+7.85 per cent) and GTCO (+6.58 per cent). The benchmark…
