Capital Market
1 Apr 2024
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 2024
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 2024
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 2024
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 2024
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.
1 day ago
Transnational Corporation Plc, Nigeria’s leading listed conglomerate, has announced its financial results for the year ended December 31, 2024. Consistent with its track record, the Group sustained its strong growth trajectory across its financial indicators, reinforcing its market leadership and strategic positioning. In its audited results, Transcorp reported significant year-on-year growth, with a revenue of…
1 day ago
As part of efforts towards achieving clean energy and industrial diversification, the federal government has set a target to ensure that at least 30 per cent of locally produced vehicles in Nigeria are electric. Minister of State for Industry, Trade, and Investment, John Uwan-Enoh, disclosed this yesterday at the unveiling of Africa’s largest locally assembled…
1 day ago
JMG Limited, a leading provider of electro-mechanical solutions in Nigeria, joins the global community in celebrating World Engineering Day for Sustainable Development, emphasising the critical role of engineers in advancing the Sustainable Development Goals (SDGs).
1 day ago
The Nigerian Maritime Administration and Safety Agency (NIMASA) has called on the government of Denmark to advocate for a reduction in war risk insurance premiums on ships bound for Nigerian ports, citing the significant improvements in maritime security in the Gulf of Guinea.
1 day ago
Every year, over 280 million tyres reach the end of their useful life globally, with only a fraction—around 30 million—being retreaded or reused. The remaining 250 million scrap tyres often end up in landfills or illegal dumpsites
1 day ago
No fewer than 30 per cent of Nigeria’s 24 million registered Micro, Small, MediumEnterprises (MSMEs) shut down between 2023 to 2024, the Nigerian Economic Summit Group (NESG) has said.
1 day ago
In commemoration of International Women’s Day, Nestlé Professional, an arm of Nestlé Nigeria, has successfully hosted the 10th edition of its Business of Food workshop in Benin.
1 day ago
A top research and marketing intelligence firm, Stonehill Intelligence & Marketing Limited is reinforcing its commitment to delivering high-quality, data-driven insights to businesses across Nigeria.
1 day ago
Industry leaders, policymakers, and financial experts have called for a more robust fiscal policy framework to enhance the development of gas and other infrastructure in the country.
2 days ago
The Federal Government has launched a national electronic register to give real-time access to information about the assets owned by the government to attract more investments to the country.