Stock market investors traded 5.47 billion shares worth N108.1 billion in 118,570 transactions last week on the floor of the Nigerian Exchange Ltd. This is in...
\Africa’s first vertically integrated financial market infrastructure group, operating through wholly-owned subsidiaries in the business of Exchange, Clearing and Depository has agreed to cooperate and support...
Equities investors lost more than N150 billion in the Nigerian Exchange (NGX), driven by a reduction in the market value of Dangote Cement, Dangote Sugar Refinery...
Aradel Holdings and Wema Bank have replaced Conoil and Julius Berger in the NGX 30 Index. This was announced by the Nigerian Exchange Ltd on Tuesday,...
The NGX stock market halted a six-day bullish streak due to profit-taking in BUAFOODS (-6.5%), OANDO (-10.0%), and FIRSTHOLDCO (-3.3%), dragging the NGX-AST lower by 0.4%...
Gains in BUACEMENT (+4.7%), WAPCO (+9.1%), and MTNN (+1.0%) pushed the NGX-1.0% to close at 119,790.82 points. As a result, YTD return improved to 16.4% (previously:...
A new directive from the Securities and Exchange Commission (SEC) imposing tenure limits on directors of capital market operators has sent waves of anxiety across Nigeria’s...
Securities and Exchange Commission (SEC) has prohibited Independent Directors from transitioning into Executive Director roles within the same company or group. In a circular to public...
Nigerian Exchange sustained Bearish sentiment for the second trading session of the week, as sell-offs on OANDO (-10.0%), UBA (-5.6%), and FIRSTHOLDCO (-4.2%) dragged the NGX-ASI...
The Nigerian Exchange (NGX) All-Share Index declined during the intraday trading session as investors exited positions in bank stocks on Monday in reaction to the Central...
Dangote Sugar Refinery Plc (DSR) has said that its Chairman, Aliko Dangote, will retire from the board effective June 16. The announcement, made through a corporate...
The local bourse resumed from the holidays on a negative note as selloffs in DANGCEM (-6.7%), MTNN (-2.9%), and ACCESSCORP (-4.7%) pulled the NGX-ASI down by...
Trading on the floor of Nigeria Exchange extended its four-day bullish run as gains in MTNN (+10.0%), OANDO (+10.0%) and ZENITH (+4.0%) drove the NGX-ASI up...
The bullish start to June extended to the third day as price uptick in OANDO (+10.0%). GTCO (+2.2%) and FIRSTHOLDCO (+2.7%) pushed the NGX-ASI up 0.3%...
The Nigerian stock market opened the month of June in bullish territory with price uptick in MTNN (+3.2%), FIRSTHOLDCO (+2.0%), and OANDO (+2.7%) lifted the NGX-ASI...