The Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds have risen to N5.06 billion in the first five months of 2023.
Again, worsening foreign exchange (forex) challenges, uncertainty in the nation’s political space and monetary policy issues have continued to erode foreign investors’ confidence in the equities market as the total value of transactions executed by domestic investors on the Nigerian Exchange Limited (NGX) hits 92 per cent as of April 2023
The inability of the Nigerian capital market to contribute significantly to capital formation under President Muhammadu Buhari in the past eight years is in focus as the administration comes to an end.
Nigerian Exchange Limited (NGX) has disclosed plans to partner the incoming administration to develop the right policies that will promote and attract listings in the capital market.
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, as bargain-hunting in the shares of Julius Berger Plc and 23 stocks pushed market capitalisation by N9 billion.
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have endorsed the payment of N91.236 billion dividend at N3.1 per share for the 2022 financial year.
The Securities and Exchange Commission (SEC) said the capital market, which is considered the catalyst for economic growth, must be sustained by an effective and efficient dispute resolution mechanism to engender investors’ confidence
Lingering inflation, parlous infrastructure and harsh operating environment have continued to assail the performance of the conglomerates industry, causing the listed firms under the sector to lose over 80 per cent in share price.
Lingering economic challenges resulting in uncertainty, inflation and insecurity have continued to hit hard on stocks performance as investors lost about N1.74 trillion in April.
Shareholders of Nigerian Breweries (NB) Plc have unanimously approved N13.87 billion for the 2022 financial year.
Following gains recorded by many blue-chip stocks, especially Airtel Africa and Total Plc, trading on the floor of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday, as market capitalisation increased further by N268 billion.
Following renewed bargain hunting in MTN Nigerian and 32 stocks, the Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, as investors' wealth rose by N137 billion.
Seven banking stocks closed higher at the end of yesterday’s transactions on the equities sector of the Nigerian Exchange Limited (NGX)