Capital Market
15 Apr
The financial services industry (measured by volume) dominated in volume terms at the end of last week's transactions with 859.6 million shares valued at N20.6 billion in 12,297 deals, contributing 75.9 per cent to the total equity turnover.
12 Apr
Four leading Nigerian banks by market capitalisation, achieved combined gross earnings of N7.99 trillion gross earnings in their 2023 full-year operations, a figure that is 248 per cent higher than the 2022 performance.
12 Apr
Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by the lingering effects of high energy prices and inflation, experts and economists have revealed in a new forecast.
12 Apr
Zenith Bank Plc has announced a remarkable 125 per cent growth in its gross earnings in its 2023 operations, from N945.6 billion reported in 2022 to N2.13 trillion.
9 Apr
Ahead of the Eid-el-Fitr break, the Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, as the All-Share Index shed 0.4 per cent, amid losses in tier one banks.
1 Apr
High transactions in the shares of three banks – Guaranty Trust Holding Company Plc, Zenith Bank Plc and Access Holdings Plc – lifted the volume of shares traded last week, as the turnover of 1.8 billion shares worth N52 billion was recorded.
25 Mar
Foreign Exchange spot and derivatives markets recorded a turnover of $1,641.18 million for the week ended March 22, 2024, representing an increase of 85.6 per cent ($756.88 million) from $884.3 million achieved in the previous week.
22 Mar
The Nigerian equities market yesterday halted its three-day losses as gains in BUA Cement Plc and 21 others lifted the market by N74 billion.The all-share index (ASI) gained 130.66 points, representing a gain of 0.13 per cent to close at 104,387.47 points.
13 Mar
The dominance of the bulls continued unabated at the end of transactions yesterday on the equities sector of the Nigerian Exchange Limited (NGX) as the all-share index gained 1.5 per cent amid price appreciation in MTN Nigeria Communications (MTNN) Plc and 34 others.
11 Mar
The financial services industry dominated in volume terms at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 899.5 million shares valued at N15.9 billion traded in 20,278 deals, thus contributing 41.70 per cent to the total equity turnover volume.
8 Mar
The Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX), United Capital Asset Management Limited (UCAML) and other capital market operators have canvassed the need for collaboration
8 Mar
Positive sentiments persisted on the equities sector of the Nigerian Exchange Limited (NGX) yesterday, as share price appreciations in Transcorp Power Plc and 25 others buoyed the All-Share Index (ASI) further by 0.8 percent.
7 Mar
Investors increased appetite in the shares of the newly listed Transcorp Power has continued to lift market capitalisation of the Nigerian Exchange Limited (NGX) as investors wealth appreciated by N2.3 trillion in three days.