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Capital Market

18 Sep 2023
Experts have advocated intervention in the printing sector through the provision of single-digit funds to enable operators to scale up capacity, maintain healthy cash flow and boost profitability.
18 Sep 2023
Heavy transactions in the shares of some banks lifted the volume of shares traded last week, as a turnover of 2.9 billion shares worth N47.4 billion was recorded in 44,654 deals by investors on the floor of the exchange.
14 Sep 2023
The improved corporate performance yesterday lifted market capitalisation by N339 billion as investors continue to reposition for dividend-paying stocks ahead of the 2023 half-year earning season. At the close of transactions yesterday, the all-share index (ASI) gained by 618.68 points, representing a growth of 0.93 per cent to close at 67,378.88 points. Accordingly, market capitalisation…
7 Sep 2023
Following Nigeria's commitment to adopt the International Sustainability Standards Board (ISSB), Chief Executive Officer of NGX Regulation Limited (NGX RegCo), standards, Tinuade Awe, said there is a need for Nigerian banks to swiftly integrate environmental, social and governance (ESG) principles into their business model.
6 Sep 2023
With close to N127 billion capitalisation of four listed firms pulling out from the stock market within eight months, shareholders yesterday, blamed the Securities and Exchange Commission (SEC) for the renewed move by companies to delist voluntarily from the exchange and rising capital flight
6 Sep 2023
Transactions on the equities sector of the Nigeria Exchange Limited (NGX) sustained rising profile yesterday, as bargain-hunting in BUA Foods Plc and 29 others spurred N30 billion rise in the overall market capitalisation. At the close of transactions, the all-share index (ASI), which measures the performance of listed firms, rose by 5.54 points or 0.08…
4 Sep 2023
Despite prolonged inflation, interest rate hike, insecurity and other macroeconomic challenges, the Nigerian Exchange Limited (NGX) emerged as the second best-performing exchange in Africa in the last three months.
1 Sep 2023
Positive sentiments resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, following gains recorded by many blue-chip stocks, especially Seplat and NGX Group, as market capitalisation appreciated by N60 billion.
31 Aug 2023
The Nigerian equities market halted three days of the successive rally to close on a downturn, yesterday, as market capitalisation plunged by N28 billion, amid selloffs in TransNational Corporation of Nigeria (Transcorp) and 26 stocks. At the close of transactions yesterday, the all-share index (ASI) declined by 50.81 points, representing a loss of 0.08 per…
31 Aug 2023
• As dollar consolidates around N920/$ at parallel market Experts have called for urgent investment in critical infrastructure and the adoption of policies that would help to increase local production capacity to halt the free fall of naira and stabilise the foreign exchange market. Speaking on 'Halting the decline in the international value of the…
29 Aug 2023
Following gains recorded by many blue-chip stocks, especially BUA Foods and SFS Real Estate, transactions on the Nigerian Exchange Limited (NGX) reopened upbeat, yesterday, as market capitalisation appreciated by N324 billion.
28 Aug 2023
.Local transaction rises by 83.5 per cent month-on-month Macroeconomic challenges have continued to impact negatively on foreign investors’ appetite for equities as the latest report by the Nigerian Exchange Limited (NGX) showed that the total value of transactions executed by domestic investors outperformed those of foreigners with an 88 per cent share of the turnover.…
17 mins ago
Tokyo markets closed higher on Friday after the Dow and S&P 500 hit new highs on Wall Street, while investors awaited US economic data due later in the day.
3 hours ago
Disconnected Subscribers Identification Module (SIM) cards as a result of unverified National Identification Number (NIN) may hit 50 million from the second phase of the disconnection of unlinked SIMs to NIN exercise, which begins today, March 29.
3 hours ago
The Central Bank of Nigeria (CBN) has auctioned N1.64 trillion worth of treasury bills.
3 hours ago
In lieu of the increase in passenger traffic this season, Bi-Courtney Aviation Services Limited (BASL) has assured safety, security, and better customer experience for travellers using the Murtala Muhammed Airport Terminal Two (MMA2) facility in Lagos.
3 hours ago
Amidst several challenges confronting the power sector, including limited access to critical resources, the Minister of Power, Adebayo Adelabu, has unveiled plans to liaise with the Central Bank of Nigeria (CBN)...
3 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) yesterday affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees.
3 hours ago
Nigeria’s Terms of Trade (ToT), for all commodities, recorded a decline of 0.22 percentage points in the fourth quarter of 2023.
3 hours ago
Succour may be on the way for power generation in the country due to the collaboration between Daystar Power and Rocky Mountain Institute (RMI).
3 hours ago
Heirs Technologies has expressed readiness to make Nigeria a leading Business Process Outsourcing (BPO) destination in Africa.
4 hours ago
African Prudential Plc has declared N900 million dividends translating to 45 kobo per share due to every shareholders of the company for the 2023 financial year.