Airtel Africa on the floor of the Nigeria Exchange announced the former introduction of Chimera Investment LLC as an additional investor in Airtel Mobile Commerce BV (‘AMC...
In tandem with our outlook yesterday, bargain buying in GTCO (+2.4%), DANGSUGAR (+2.8%), and MTNN (+0.1%) bolstered performance today as the NGX All-Share Index rose 9bps to 42,357.36 points. Accordingly, YTD return improved...
At the local bourse today, sell pressure on ZENITH (-1.2%), GTCO (-3.9%), and WAPCO (-0.8%) dragged performance as the NGX All-Share Index fell 22bps to 42,411.12 points. Therefore, YTD return pared...
The Nigerian Exchange (NGX) says the value of the country’s green bonds market has grown to N55.52 billion in four years, from 2017 to 2021. The...
The local bourse commenced the week on a positive note, fuelled by gains in MTNN (+7.1%), DANGCEM (+1.2%), and ZENITH (+1.8%). Thus, the NGX All-Share Index rose 1.3% to 42,411.12...
Today, the NGX All-Share Index gained 1.0% to 42,435.16 points due to buying interest in MTNN (+4.5%), UBA (+5.3%), and DANGSUGAR (+6.7%). Accordingly, YTD return improved to 5.4% while market capitalisation rose ₦217.2bn to...
Today, the local bourse rebounded after 6 consecutive days of losses as investors hunted for bargains in WAPCO (+5.4%), ZENITH (+2.1%), and GTCO (+0.8%). Accordingly, the NGX All-Share Index gained 2bps to 42,018.92 points. YTD...
The local bourse opened the week on a bearish note on the back of sell pressure on WAPCO (-9.9%), UBA (-5.1%), and ACCESS (-2.3%), as such the benchmark index shed 0.4% to...
Today, the local bourse extended its bearish performance on the back of sell pressure on MTNN (-1.1%), SEPLAT (-6.5%), and ZENITH (-1.9%), as the benchmark index fell 51bps to close at 42,247.98 points. YTD...
The local bourse began the new month in the red as profit-taking in MTNN (-10.0%), ACCESS (-5.3%), and ETI (-1.8%) dragged the benchmark index below the 43,000 points mark. Thus, the NGXASI shed...
MTN Nigeria Communications Plc, has said that the public offer, for the sale of up to 575 million shares, to retail investors will be priced at...
Oando has notified Nigerian Exchange Ltd., NGX, of the acquisition of Dahiru Mangal’s stake in the company by Leaf Investment & Realtors Ltd. The disclosure was...
The domestic equities market kicked off the week on a negative note on the back of profit-taking in INTBREW (-4.0%), ZENITH (-0.6%), and FBNH (-0.8%), as such the benchmark index shed 9bps to...
The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. The Director-General of...
Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due...