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Tag: NGX

NGX

Business

NGX soars 6.95% as investors gain N8.1trn in one week

On the other hand, the top five losers for the week were: RT Briscoe, Mecure Industries, Tripple Gee, Sovereign Trust…

Business, News

Nigerian stock market soars as investors gain N1.8tn in one day

Deap Capital Management had the highest trading volume, with 283.12 million shares exchanged, making up 21.73 percent of the total…
NGX

Business

Market value rises despite dip in NGX All-Share Index

Market capitalisation increased by 0.17 per cent to N106.153 trillion from N105.969 trillion recorded in the previous trading session.
NGX

Business

NGX trading slides 23.6% amid decline in weekly transactions

This represented a decline from the 4.607 billion shares worth N130.636 billion exchanged in 263,439 deals in the previous week.
NGX

Business

NGX investors gain ₦2.58trn as share prices rally

A total turnover of 4.607 billion shares worth N130.636 billion in 263,439 deals was traded this week by investors on…
Tinubu

Business, Headlines

Tinubu calls for more local investments as NGX hits over N100 trillion

President Tinubu further noted that while many of the world’s markets struggled with stagnation or tepid recovery in 2015, the…
Stock Market

Business

NGX smashes ₦100 trillion barrier as Stocks ignite powerful rally

Nigeria’s stock market began the week on a strong footing, with investor optimism pushing total market capitalisation to a historic…
NGX

Business

NGX posts strong week as investors gain N1.54tn

Meanwhile, a total turnover of 4.373 billion shares worth N97.783 billion in 110,736 deals was traded this week by investors…
NGX

Business

NGX closes week lower as investors lose N129bn

The NGX All-Share Index fell by 0.14 per cent to 143,520.53, while market capitalisation closed at N91.286.p trillion for the…
Finance Minister Wale Edun, calms fears of investors on the likely effect of new Capital Gains Tax (CGT) on investments in the NGX

Business

Edun calms fears of investors on capital gains tax

Edun assured stakeholders that government had taken note of concerns around the Capital Gains Tax and would continue consultations with…
FCMB

Business

FCMB’s ₦160bn Capital drive signals confidence in Nigeria’s Economy

Balogun tied the capital raise to Nigeria’s improving economic fundamentals, pointing to a 10-year high in foreign reserves, inflation easing…
Stock Market

Business, Headlines

NGX records 27.9% decline in trade as investors exchange N90.28 shares

The Financial Services Industry led the activity chart with 1.355 billion shares worth N24.588 billion traded in 59,553 deals, contributing…
Stock Market

Business

Investors smile as NGX Market value soars to N93.3trn

Dangote Cement topped the gainers’ chart with a 6.48 per cent increase to close at N575 per share. FG202031S1 followed…
NGX

Business

NGX sees 5.75% surge in transaction value, investors gain N5.9bn

The Financial Services Industry led the activity chart with 2.74 billion shares valued at N34.54 billion traded in 42,65 transactions.
NGX

Business

NGX, CBN empower students with financial skills

This initiative formed part of the 2025 Global Money Week celebration, aimed at promoting financial awareness among young people globally.
NGX

Business

Poor performance hits Nigerian stock market

This initiative could support growth in the sector, strengthening confidence in energy stocks and potentially providing momentum for the broader…
NGX

Business

NGX Group records 13.6bn profit before tax in 2024

“Market data revenue grew by 100.5 per cent, contributing to a 102.6 per cent rise in other income, which now…
NGX

Business

Investors lose N72.51bn on NGX

The market capitalisation, which opened at N67.418 trillion, fell by 0.10 per cent to close at N67.345 trillion.
Nigerian Exchange Group, NGX seeks collaboration with EFCC on compliance with digital trading of assets, ridding the stock market of fraud.

News

NGX seeks collaboration with EFCC on protection of stock market

Shobanjo noted that the evolution of fraud has moved from manual to digital across all sectors with criminal elements taking…

Business

NGX reviews market indices amid entries, exits of companies

NGX, in a report, listed the affected indices as, NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index;…
Market Capitalisation

Business

Zenith, UBA, Oando power NGX gains as Market Capitalisation climbs

The positive performance was driven by increased interest in top equities such as Zenith Bank, United Bank for Africa (UBA),…
Stock Market

Business

Equity Market celebrates N157 billion profit, All-Share Index hits new heights

The market was buoyed by demand for stocks such as Aradel Holdings, United Bank for Africa (UBA), Stanbic IBTC, FCMB,…
Stock Market

Business

NGX ends winning streak, Market capitalisation drops by N176bn amid selloffs in major stocks

Selloffs in MTN Nigeria, alongside FBN Holdings, Access Corporation, Wema Bank, amongst other declined equities were the primary drivers of…

Business

NGX lifts suspension on Guinea Insurance, as investors lose N846bn

In its weekly report made available to newsmen in Lagos, NGX confirmed that the suspension was lifted because the insurer…
CIS and ASHON say attainment of ₦100 trillion capitalisation on NGX affirms the market’s resilience, depth and growing sophistication.

Business

Trading continues on NGX amidst strike, investors lose N103bn

Consequently, the market capitalisation which opened at N56.172 trillion, lost N103 billion or 0.18 per cent to close at N56.069…
Geregu Power Plc approves payment of N20 billion dividend to its shareholders, the company said in the resolution of its 12th AGM) sent to NGX

Business

Geregu Power approves N20bn total dividend for shareholders

Mr Akinleye Olagbende, General Counsel, Geregu Power, sad shareholders whose names appear in its register of members as of Feb.…
Wigwe

Business, Headlines

Access Holdings shares plummet by 6.26% after Wigwe’s death

Similarly, market capitalisation, which opened at N55.735 trillion, gained N101 billion to close at N55.836 trillion. Consequently, the Year-To-Date (YTD)…
Odu’a Investment Company Ltd. (OICL) indicates interest in raising capital by listing it on Nigerian Exchange Ltd, (NGX).

Business

Odu’a Investment moves to list on NGX

Odu'a group, owned by the governments of the Western states of Nigeria is a strategic investment and asset management firm…
From left: Mr. Gboyega Balogun; his wife, Emma; Mr. Jide Balogun; Second Vice President, Chartered Institute of Stockbrokers (CIS), Mrs. Fiona Ahimie; President of CIS, Mr. Oluwole Adeosun; Mr. Bolaji Balogun; First Vice President, CIS, Mr. Oluropo Dada; Mr. Ladi Balogun and Registrar of CIS, Josiah Akerewusi, during a special Farewell Session organised in honour of late Otunba Subomi Balogun, Founder of FCMB Group, by the CIS in Lagos yesterday (July 3, 2023).

Business

Otunba Subomi Balogun honoured by NGX and CIS

The Nigerian Exchange Limited (NGX), in collaboration with the Chartered Institute of Stockbrokers (CIS) and other esteemed market stakeholders, came…
On the floor of NGX when BUA Foods listed in January

Business

NGX extends bullish run, investors gain N262 billion

Analysts at Afrinvest Ltd. anticipated an extended bullish run as more companies release positive earnings result.
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