5 hours ago
After days of an uptrend, bearish sentiments resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, as losses in Geregu and 26 stocks dragged market capitalisation by N7 billion.
The Nigerian Exchange Limited (NGX) extended gains to the third consecutive session yesterday as buying interest in Stanbic IBTC Holdings Plc, PZ Cussons others lift market capitalisation further by N138 billion.
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
Chairman of the board of Sterling Bank Plc, Asue Ighodalo, said the bank has taken major actions to solve some of the challenges of the nation’s healthcare sector by partnering with providers to innovate and improve access and service delivery.
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.
Positive sentiments persisted in the equities sector of the Nigerian Exchange Limited (NGX) as more blue-chip stocks, especially Nigerian Breweries and Guaranty Trust Holding Company (GTCO), joined the league of gainers yesterday, raising investors' fortune by N103 billion.
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.
In line with its mandate to promote investor participation in Nigeria's capital market, and enhance the secondary market, Nigerian Exchange Limited (NGX), in collaboration with Afrinvest, is set to host market stakeholders in a virtual workshop on FGN savings bonds.
Three bank stocks - Fidelity Bank Plc, Access Holdings Plc, and FBN Holdings Plc - drove activities in the financial service sector of the Nigerian Exchange Limited (NGX) last week.
Following sustained selloff in banking stocks, especially GTCO and Zenith Bank, transactions in the equities sector of the Nigerian Exchange Limited (NGX) continued on a downturn, yesterday, as market capitalisation declined by 0.09 per cent to N28.402 trillion.
After days of downturn, shares of TransNational Corporation of Nigeria (Transcorp) closed higher at the end of yesterday's transactions on the equities sector of the Nigeria Exchange Limited (NGX).
Airtel Africa has announced that its Nigerian subsidiary, Airtel Networks Limited (Airtel Nigeria), paid N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2×10 MHz 2100 MHz spectrum licence.