Capital Market
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.
5 Mar
The market capitalisation of the Nigerian Exchange Limited (NGX) swelled yesterday with the listing of Transcorp Power Plc (TPP) 7.5 billion ordinary shares of 50 kobo on the Main Board.
4 Mar
The Securities and Exchange Commission (SEC), Nigerian Exchange Group (NGX) and United Capital Asset Management Limited (UCAML) have insisted that industry collaboration would boost financial inclusion and wealth creation.
4 Mar
Investors' unfavourable response to the interest rate hike has continued to trigger a selloff on the Nigerian Exchange Limited (NGX) as market capitalisation depreciated by N1.8 trillion in one week.
4 Mar
There seems to be a realisation by both the fiscal and monetary authorities that checking the continuous downward slide of the naira is beyond a single line of policy action, hence the adoption of a multiplicity approach.
29 Feb
The secondary market turnover on the FMDQ Exchange in January 2024 was ₦21.07 trillion, representing a 41.1 per cent month-on-month (MoM) decrease and 61.6 per cent year-on-year (YoY) increase.
27 Feb
Nigeria Exchange Limited (NGX) reopened on a downward note yesterday, shedding N51 billion, amid price depreciation in many blue-chip stocks.
26 Feb
The consumer goods, banking and industrial goods indices topped the gainers' chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 4.05 percent, 0.7 per cent and 0.001 per cent.
23 Feb
Crypto enthusiasts exchanged a total value of N1.9 billion via USDT-naira pair on Binance 24 hours after the government’s clampdown on leading digital currency exchange.
23 Feb
The Nigeria equities market halted its gaining streak to close on a downward note, yesterday, as the index dipped by 0.2 per cent amid losses in 28 stocks.
21 Feb
In what may be described as a twist and sudden change in performance, the industrial goods index which was rated worst performing in 2023 has returned a year-to-date gain of over 95 per cent to investors.