Stocks open week bearish as index drops by 0.44%

Nigerian equities extends gain on Tuesday to cross N20trn market value

Stocks open week bearish as index drops by 0.44%     The domestic equities market on Monday launched a new trading week with 0.44 per cent loss as the benchmark index declined on high capitalised stock. The All-Share Index (ASI) shed 175.42 basis points equivalent 0.44 per cent value loss to close at 39,306.47 basis points. Similarly, the overall value of equities at the market followed suit as investors lost N92 billion to see the market CAP close at N20.487 trillion. Sector performance was broadly negative today with the Banking…

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NGX Group to re-energise Africans with ‘The Stock Africa Is Made Of’ campaign

NGX Group The Stock Africa Is Made Of

NGX Group to re-energise Africans with ‘The Stock Africa Is Made Of’ campaign     The Nigerian Exchange Group (Plc) formerly Nigerian Stock Exchange given a heads up about a new campaign it intends to re-energise Africans and validate the success stories of the continent. The campaign is titled ‘The Stock Africa Is Made Of’, according to a press released signed Olumide Orojimi, the corporate communications manager of the group. According to the Group, the campaign will showcase the resilience, ambition, result-oriented spirit that makes Africans different. It is also…

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NGX Group unveils new brand identity, website

NGX rebrands market indices

NGX Group unveils new brand identity, website   Nigerian Exchange Group (NGX Group) Plc, a leading integrated market infrastructure Group in Africa, has announced the launch of its new corporate brand identity and website. The launch of the new identity on Tuesday followed the demutualisation of The Nigerian Stock Exchange (NSE) and the resulting creation of the non-operating holding company NGX Group Plc and its subsidiaries. The new subsidiaries are Nigerian Exchange (NGX) Limited, the operating exchange; NGX Regulation (NGX RegCo) Limited, the independent regulatory arm of the Exchange; and…

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NGX Group marks Global Money Week

NGX Group marks Global Money Week

NGX Group marks Global Money Week     The Nigerian Exchange Group (NGX Group) Plc continues to play its role in driving financial literacy as a tool for economic development. On Thursday, 25 March 2021, NGX Group commemorated the annual Global Money Week with a virtual X-Tour and digital Closing Gong Ceremony with Children’s International School. Speaking at the event, the divisional head, trading business, Nigerian Exchange Limited, Jude Chiemeka noted thus: “At NGX, we will not relent in our drive to pursue initiatives and facilitate conversations that prioritise financial literacy as…

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