Investors
1 Nov
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions. The big US oil company, which saw upstream oil production rise following its acquisition of Pioneer Natural Resources, pointed to the benefits of $11.3 billion in…
1 Nov
Despite rising uncertainty, investors' fortune soared significantly in October as bargain hunting and repositioning for interim dividends by blue-chip companies lifted market capitalisation by N2.54 trillion.
28 Oct
Improved corporate performance lifted the Nigerian Exchange Limited's (NGX) equity sector, last week, with investors gaining N835 billion.
20 Oct
This is obviously not the best of times for President Bola Tinubu who since assuming office on May 29, 2023 has turned a globetrotter in search of foreign investors. For records, within his first year in office the president has made at least six foreign trips to countries like France, the United Kingdom, Guinea-Bissau, Kenya,…
14 Oct
The consumer index led the loser's chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 1.25 per cent, buoyed by depreciation in Guinness, International Breweries and Honeywell Flourmills.
9 Oct
The Securities and Exchange Commission (SEC) said well-informed investors are needed to sustain market confidence and stability.
9 Sep
The Nigerian equity market opened the week with an N111 billion loss recorded for investors, amid the supplementary listing of eight billion ordinary shares of Japaul Gold and Ventures Plc. READ ALSO:Investors’ wealth down by N188 billion amid profit taking in 30 stocks Specifically, the Nigerian Exchange Ltd. (NGX)market capitalization, which opened at N55.394 trillion,…
6 Sep
Trading in the Nigerian stock market sustained sliding profile yesterday, as profit-taking activities in Oando Plc and 29 others drag capitalisation by N188 billion.
2 Sep
AS losses suffered by stock market investors in July extended into August with a total of N36 billion, shareholders at the weekend renewed the call for the Federal Government to strengthen collaboration with Organised Private Sector (OPS) in tackling inflation, foreign exchange crisis, heightening insecurity and other macro-economic woes taking its toll on the businesses of listed firms, to the reverse the trend.
19 Aug
Ondo State Governor, Lucky Aiyedatiwa, at the weekend, reiterated the commitment of his administration to fostering a conducive environment for private investors in the state where businesses can operate without any hindrance.
29 Apr
A turnover of 1.8 billion shares worth N34.3 billion was recorded in 37,528 deals by investors on the floor of the Exchange last week.This volume of shares traded was however higher than 1.6 billion units valued at N32.3 billion that was exchanged in 44,915 deals during the preceding week.
23 Apr
....as secondary market turnover in FMDQ hits ₦48.9tr Total value of transactions executed by domestic investors outperformed foreign investors patronage by circa 64 per cent as at March 2024. According to the latest Domestic and Foreign Portfolio Investment Report of the Nigerian Exchange Limited (NGX), total domestic transactions accounted for about 89 per cent…
Latest
9 mins ago
Vice President Kashim Shettima on Tuesday joined his former colleagues at the Senate to pay glowing tributes to the late Senator Ifeanyi Ubah, saying the free spirit of the late lawmaker who passed on earlier in the year, broke down political and ethnic barriers. Shettima's tribute followed the parliament's valedictory session held at the Senate…
21 mins ago
Gov. Douye Diri of Bayelsa has sworn in 15 new permanent secretaries, charging them to perform their duties with utmost integrity and accountability. Gov. Douye Diri of Bayelsagave the charge on Tuesday during the swearing-in ceremony held inside the Executive Council Chambers of Government House, Yenagoa. The Chief Registrar of the State High Court, who…
27 mins ago
United Nations Children's Fund (UNICEF) on Tuesday reiterated the urgent need to address open defecation, describing it as a critical challenge affecting health, education, nutrition, and poverty alleviation outcomes in Nigeria. UNICEF said all stakeholders needed to take collective action to tackle open defecation and improve sanitation facilities in Oyo State. Joli Ann Maulit,…
2 hours ago
The NNPC Foundation Limited has reiterated its commitment to promote global awareness and advocacy for better policies to mitigate sanitation crisis. Mrs. Emmanuella Arukwe, Managing Director NNPC Foundation Ltd., made this known on Tuesday while commemorating the 2024 World Toilet Day (WTD) at the Junior Secondary School, Peyi, Bwari Area Council, Abuja. Arukwe underscored the…
2 hours ago
Diabetes Association of Nigeria, Ondo State chapter, has disclosed that late detection of diabetes often results in serious health complications, hence the need for early detection. The chairman of the association in the state, Dr. Adenike Enikuomehin, who stressed the need for regular advocacy, emphasised many are not aware of the dangers of late detection…
2 hours ago
The Inspector General of Police, Mr. Kayode Egbetokun has confirmed the arrest of a hordes of deadly criminals who reportedly murdered over nine Policemen in Delta State. Egbetokun made the confirmation on Tuesday when he addressed the officers and men of the command at the State Headquarters in Asaba. He said the Police, against all…
2 hours ago
Governor Peter Mbah of Enugu State has directed all state-owned tertiary institutions of learning to deliver experiential learning to change the nation's developmental narrative. The governor also said Nigeria's current education model and spending cannot deliver the much-needed speedy development and economic transformation. Experiential learning is a hands-on learning approach where individuals gain knowledge and…
2 hours ago
The Confederation of African Football (CAF), has named the duo of Cordeila Odoma and Emem Essien of Edo Queens in its best 11 players of the group stage. The News Agency of Nigeria (NAN) reports that this followed the conclusion of the ongoing CAF Women’s Champions League Morocco 2024 group stage matches. The CAF’s Technical…
2 hours ago
The storied rivalry between two of Nigeria’s most prestigious schools, C.M.S. Grammar School, Lagos, and Igbobi College, Lagos, came alive once again in an electrifying two-legged friendly soccer encounter between the Old Boys of the heritage schools that captivated fans and alumni alike. The first leg, tagged 'Legacy Showdown,' held on the picturesque grounds of…
2 hours ago
Brazilian police on Tuesday arrested four soldiers guarding the G20 summit over an alleged plot to assassinate then President-elect Luiz Inacio Lula da Silva in a 2022 "coup," a federal police source told AFP. The four "were arrested in Rio, where they were participating in the security operation for the G20 leaders' meeting," said the…