Thursday, 6th October 2022
Breaking News:

Capital Market

7 Jul
Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All-Share Index (ASI) decreasing by 0.06 per cent to 51,556.54 from 51,586.5 on Wednesday.
7 Jul
The Nigerian Exchange Limited (NGX) extended losses for the third consecutive session yesterday, as a sell-off in Union Bank of Nigeria (UBN), 15 stocks dragged market capitalisation further by N16 billion.
4 Jul
Following improved liquidity in the country's bourse, both local and foreign investors traded N485.4 billion value of equities in the second quarter (Q2) of the year.
2 Jul
The seven companies are: Niger Insurance, C&I Leasing, African Alliance Insurance, Coronation Insurance, Ekocorp, Premier Paints and Mutual Benefits Assurance. The suspension, which takes effect from yesterday, July 1, 2022, implies that there would be no price movement on the shares because the company’s investors would no longer trade on their stocks. A circular issued…
22 Jun
Following renewed bargain hunting in Dangote Cement and 13 stocks, the Nigeria Exchange Limited (NGX) halted five days' losses to close in an upbeat yesterday, as the All-Share Index appreciated by 0.7 per cent.
20 Jun
The Nigerian Exchange Limited (NGX) was not immune last week as global equities plunged into the steepest declines since 2020 following aggressive interest rate hikes by central banks.
17 Jun
As U.S stocks tumbled, following investors’ apprehension that a more aggressive approach to curbing inflation would plunge the economy into a recession, the nation’s equities market
13 Jun
The Nigerian Exchange (NGX) has stated that the adoption of sustainable business practices and reporting sustainability performance to stakeholders would promote inclusivity in transformational initiatives for the economy.
9 Jun
The bears resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, as profit-taking in FBN Holdings (FBNH) and 17 stocks dragged the index by 0.1 per cent.
9 Jun
Developing any type of strategy means you need a clear end goal that you want to achieve, whether personal, professional, or financial growth. Here we discuss the basics of how to develop an effective trading strategy.
8 Jun
Price gains in 16 stocks yesterday, sustained the bullish profile of the Nigerian Exchange Limited (NGX) as market capitalisation increased further by N100 billion.
6 Jun
The unprecedented bull run recorded in the country's stock market resulted in over an N5 trillion increase in market capitalisation, coupled with the surge in global crude


15 mins ago
Just as it was with the major opposition Peoples Democratic Party (PDP), on Tuesday when its meeting to mend fences ended in a deadlock, the meeting called, yesterday, by the ruling All Progressives Congress (APC) between its governors and the party leadership...
23 mins ago
Wike is a governor I cherish. I like the way he behaves but not recently. When you overdo certain things, you start getting negative reactions even among the people who love you.
24 mins ago
In the world over, teachers are exemplary, because of their passion to impart knowledge on tomorrow’s leaders – children.
25 mins ago
Analysts expect higher oil prices The Organisation of Petroleum Exporting Countries and its allies, (OPEC+), yesterday, agreed to slash its crude production target by two million barrels a day (bpd) from November, the biggest cut since the group reduced quotas by 9.7mn b/d at the start of the Covid-19 crisis in 2020. The coalition has…
29 mins ago
The Ohanaeze Ndigbo, yesterday, claimed that 18 sitting governors, as well as a number of the country’s past leaders are backing the Labour Party (LP) presidential candidate, Peter Obi.