Posts 33% year-to-date return Daily turnover balloons Appetite for banking stocks lifts market In a remarkable turn of events, the Nigerian Exchange Limited (NGX) achieved a...
Investors in the Nigerian equity market made away with N1.08 trillion profit last week following upward movement in stock prices during the week. The uptick resulted...
Guaranty Trust Holding Company (GTCO) Plc’s profit before tax (PBT) settled at N327.4 billion in the first half of 2023, rising by 217% from N103.25 billion...
Market Emerges with Africa’s Second Best Performance Despite concerns around the soaring inflation, interest rate hikes and weak macroeconomic indices, investors’ confidence in Nigeria’s stock market...
The Nigerian capital market was euphoric at the close of trading on Tuesday as the market hit a 15-year high. The All-Share Index (ASI) of Nigerian...
Activities on the floor of the domestic stock market last week ended in the green territory with N459 billion profit, returning the bourse to profitability after...
The Securities and Exchange Commission (SEC) has expressed concern as unclaimed dividends in the capital market increased to an estimated N190 billion, stressing that the capital...
Nigerian stocks closed in the bear territory following profit-taking activities on all trading sessions during the week except Friday when the market staged a +0.4% deadcat...
The Ministry of Finance Incorporated (MOFI), the investment vehicle of the federal government, has said it is working to attain N100 trillion in Asset under Management...
By Umar Suleiman In a move aimed at propelling its growth and market presence, McNichols Consolidated Plc has embarked on a rights issue to raise N265.62...
The NGX All-Share Index and Market Capitalization appreciated by 0.22% last to close higher at 65,198.08 basis points and N35.480 trillion respectively. Trading records showed that...
Following the emergency meeting of the Board of Directors on Tuesday, 25 July 2023, Nigerian Exchange Group Plc (NGX Group) has announced an interim dividend of...
Investors at the Nigerian stock market recorded additional fortune on their investments on Tuesday as the day’s trading session closed on a positive note. Specifically, the...
Away from the negative it had the previous week, the Nigerian equity market rode on the waves of bargain-hunting to return to the green territory last...
The Nigerian stock market resumed activities on Monday on a positive note closing with N203 billion gain. The positive close of the Nigerian Exchange Limited (NGX)...
To address the infrastructure deficit currently affecting capital markets in the West African region, Nigerian Exchange Limited (NGX) has stated that a harmonised regulatory environment as...
Dangote Cement Plc (DCP or DangCem) has announced the commencement of the first tranche of its newly established share buy-back programme targeting the repurchase of up...
The total amount of transactions on Nigerian Exchange Limited (NGX) grew to N322.92 billion in the month of May as against N191.21 billion in the previous...
BUA Cement Boosts Rally as NGX Gains N117 Billion Fortunes recorded in the shares of BUA Cement on Wednesday helped the Nigerian Exchange Limited (NGX) to...
After two days of bullish closes that led to approximately N2.21 trillion profit on Nigerian stocks on Tuesday and Wednesday, investors in the capital market embarked...