Markets

Markets

NGX Group: Seen focused on strengthening capital structure

Iheanyi Nwachukwu Sep 13, 2022

On Friday September 30, the shareholders of Nigerian Exchange Group Plc (NGX Group) will meet in Lagos for the company’s...

Markets

Stocks lose N37bn as week opens

Iheanyi Nwachukwu Sep 12, 2022

Nigeria’s equities market opened this new week on a negative note as investors sold insurance, banking and industrial stocks amid...

Markets

SEC says crowdfunding will accelerate Financial Inclusion

Iheanyi Nwachukwu Sep 11, 2022

The Securities and Exchange Commission (SEC) has said that the operationalisation of Crowdfunding will accelerate the Financial Inclusion agenda in...

Markets

Stock market dips by 0.70% in week ended September 9

Iheanyi Nwachukwu Sep 09, 2022

Nigeria’s equities market decreased by 0.70percent or N189billion in the trading week that ended Friday, September 9 as more investors...

Markets

NGX says committed to solving national problems through capital market initiatives

Iheanyi Nwachukwu Sep 09, 2022

The Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola says the Exchange is committed to championing solutions to Nigeria’s...

Markets

Market sees first gain this week as Ardova, Union Bank, others rally

Iheanyi Nwachukwu Sep 08, 2022

Nigeria’s equities market on Thursday recorded its first gain this week due to improved buy activities in stocks like Ardova...

Markets

Market sees another negative close as investors lose N5bn

Iheanyi Nwachukwu Sep 07, 2022

In the absence of any major positive catalyst, the Nigerian equities market expectedly saw another bearish trading session on Wednesday,...

Markets

Multiverse, Meyer, Wema, others surpass 100% return in 8 months

Iheanyi Nwachukwu Sep 07, 2022

Seven companies listed on the Nigerian Exchange Limited saw their share prices rise by over 100 percent in eight months...

Markets

NGX Group, Zenith, others dip as market sheds N187bn

Iheanyi Nwachukwu Sep 06, 2022

Nigeria’s stock market lost about N187billion on Tuesday, driven majorly by increased sell pressure in stocks like NGX Group Plc,...

Markets

Lafarge, NGX Group top laggards as market opens week on negative note

Iheanyi Nwachukwu Sep 05, 2022

Nigeria’s equities market opened this week on a negative note, no thanks to Lafarge Africa Plc, NGX Group Plc and...

Markets

Stocks gain N197bn in week ended September 2

Iheanyi Nwachukwu Sep 02, 2022

Nigeria’s stock market increased by 0.73percent in the trading week ended Friday September 2 as buy-side activities strengthened across key...

Markets

Investors gain N28bn as market opens September in green

Iheanyi Nwachukwu Sep 01, 2022

Nigeria’s equities investors gained about N28billion on Thursday September 1, as the market opened the new month in green. Analysts...

Markets

Market sees first gain this week as Guinness, NGX Group, others rally

Iheanyi Nwachukwu Aug 31, 2022

Nigeria’s equities market on Wednesday booked its first gain since this week, rising by about N105billion or 0.39percent. The market...

Markets

FMDQ Exchange approves registration of Infinity Microfinance Bank N5bn Commercial Paper programme

Iheanyi Nwachukwu Aug 30, 2022

Having successfully met the FMDQ Exchange Commercial Paper (CP) Quotation requirements and following the subsequent approval of the Board Listings...

Markets

Market moves further south as Cadbury, others drive N19bn loss

Iheanyi Nwachukwu Aug 30, 2022

Nigeria’s equities market closed further in the red zone on Tuesday August 30 as investors remained cautious about stocks following...