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Tag: NGX

Driven by interest in banking and other blue chip stocks, Nigerian stock market ends the week with N3.156 trillion gain for investors

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,…
Driven by interest in banking and other blue chip stocks, Nigerian stock market ends the week with N3.156 trillion gain for investors

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…
Investors lose N1.14trn as NGX reacts to MPC decision

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.
Airtel Africa, MTNN boost NGX

Business

Airtel Africa, MTNN boost NGX by N644bn

Similarly, the All-Share Index rose by 1,232.37 points or 2.93 per cent to close at 43,246.87 against 42,014.50 posted on…
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