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Tag: NGX

Nigeria's Stock market extends its negative trend on Thursday, wiping out N2.179 trillion from investors wealth

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…
Nigeria's Stock market extends its negative trend on Thursday, wiping out N2.179 trillion from investors wealth

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…
Nigeria's Stock market extends its negative trend on Thursday, wiping out N2.179 trillion from investors wealth

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),…