Capital Market
15 Feb
Following gains in many blue-chip stocks, especially Seplat and Airtel Africa, the Nigerian equities market halted losses to close on an upward note yesterday, as investors' fortunes soared by N980 billion.
14 Feb
Transactions on the Nigerian Exchange Limited ( NGX) sustained sliding profile yesterday, as more bluechip stocks depreciated in price, resulting in a further slide in the all-share index (ASI) by 0.3 per cent.
9 Feb
Following price depreciation in many blue chip stocks, the Nigerian equities market sustained sliding profile yesterday as the all share index (ASI) to slide further by 0.9 per cent.
6 Feb
Transactions on the equities sector of the capital market reopened the week on a downturn, amid sell-off in MTNN, tier-one banks as market capitalisation fell by N437 billion.
5 Feb
The Nigerian Exchange Limited (NGX) banking index led the losers’ chart at the end of last week's transactions with -4.52 per cent loss. Following the sector last week was the insurance indices with -4.07 per cent. The oil and gas indices also declined by -2.47 per cent.
30 Jan
The Nigerian equities market reopened in an upbeat yesterday, as investors jostled for dividend-paying stocks to reposition for the 2023 earning season, causing market capitalisation to appreciate further by N1.24 trillion.
25 Jan
The Nigerian Exchange Limited (NGX) achieved a new record of 100,000 mark as sustained bargain hunting in Dangote Cement Plc propelled the all-share index (ASI) to rise by three per cent.
19 Jan
The reign of the bulls continued unabated on the equities sector of the capital market yesterday as the capitalisation crossed N50 trillion mark, while the all-share index (ASI) hit 91,000 mark.
18 Jan
The Nigerian Exchange Limited (NGX) sustained rising profile at the end of yesterday's transactions as the All-share index crossed 90,000 mark, occasioned by bargain hunting in Dangote Cement Plc and 46 others. The All Share Index (ASI) rose by 2,092.15 points, representing a gain of 2.38 per cent to close at 90,063.25 points. Also, market…
15 Jan
The consumer goods emerged as the best-performing index at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 9.6 per cent gain.
12 Jan
The equities market rebounded yesterday, as renewed interest in 48 stocks lifted market capitalisation by N314 billion.
10 Jan
The Nigerian equities, yesterday, witnessed an unprecedented rally that propelled a surge in market capitalisation by N1.567 trillion as virtually all the stocks recorded price appreciation.
1 day ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
1 day ago
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
1 day ago
Trading activities on the floor of Nigerian Exchange Limited (NGX) halted gains to close on a downturn yesterday, causing market capitalisation to decline by N35 billion.
1 day ago
Worried by the dwindling oil production and the need to drive investments in the nation’s oil and gas sector, the Federal Government, through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has underscored the imperative of ramping up production as a pivotal strategy to ensure stability in the midstream and downstream sectors of the industry.
1 day ago
The Nigeria Customs Service (NCS) Tin Can Island Port (TCIP) command has reported a 95.3 per cent increase in non-oil exports in the first quarter of 2024, compared to the same period last year.
1 day ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
1 day ago
To further address the energy inefficiency in the country, the Chief Executive Officer, Stanbic IBTC Holding Plc, Dr. Demola Sogunle, said N350 billion fund has been raised to support customers in the energy sector.
1 day ago
Amid geo-political tension marked by uncertainty, volatility, and disruptive forces, the Chartered Institute of Directors Nigeria (CIoD) has tasked directors on effective leadership, noting that their roles as leaders assume even greater significance in turbulent times.
2 days ago
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
2 days ago
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.