Nigerian Exchange Limited
9 Jan
It was cheery news on the trading floor of the Nigerian Exchange Limited (NGX ) yesterday, as index crossed 80,000 mark to close at 80, 328.58 points.
29 Dec
As capital flight, triggered by legacy issues of foreign exchange (FX) liquidity and other macroeconomic challenges continue to take toll on foreign transactions, total domestic transactions on the bourse in 2023 hit N2.9 trillion...
17 Dec
...Takes financial literacy campaign to NYSC camp The Nigerian Exchange Limited has set a target to pull in younger investors in to the capital market with products and new initiatives. This was revealed as the exchange took its financial literacy campaign to the members of the 2023 Batch C, Stream II of the National Youth…
29 Nov
The Nigerian Exchange Limited (NGX) is set to host a webinar for capital market stakeholders on the importance of Artificial Intelligence (AI) in growing the capital market on December 1, 2023. The technology webinar themed: ‘Repositioning Analytics and AI for Capital Market Growth in Nigeria’, will delve into the transformative potential of Analytics and Artificial…
16 Nov
Positive sentiments persisted on the equities sector of the Nigerian Exchange Limited (NGX) as more bluechip stocks join the league of gainers, resulting to a further rise in market capitalisation by N113 billion.
10 Nov
Increased buying interest in the shares of some banks, especially FBN Holdings Plc and Fidelity Bank Plc lifted the Nigerian Exchange Limited (NGX) All-Share Index (ASI) by 0.07 per cent.
1 Nov
Improved corporate performance has continued to buoy transactions on the equities sector of the Nigerian Exchange Limited (NGX) as investors gained N1.708 trillion in the month of October 2023.
18 Oct 2023
Following gains recorded by many blue-chip stocks, especially Stanbic IBTC and Julius Berger, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed in an upbeat yesterday, as market capitalisation rose by N158 billion. At the close of transactions yesterday, market capitalisation of listed equities increased by 0.43 per cent to N36.988 trillion…
10 Oct 2023
• Sterling Bank, UBA, Accesscorp gain 150%, 126%, 93% respectively • Operators see robust final dividend payout in full year The Nigerian Exchange Limited (NGX) banking index appreciated by 61.9 per cent in nine months (Year-To -Date), surpassing the overall All-share index that measures the performance of listed firms, data from the exchange has revealed.…
6 Oct 2023
The bulls resurfaced on the equities sector of the Nigerian Exchange Limited (NGX), yesterday, as gains in NASCON Allied Industries Plc and 23 stocks lifted total capitalisation by N141 billion.
21 Sep 2023
High interest rate and poor infrastructure have adversely impacted the half-year performance of listed firms under the conglomerate sector, even as a review of share prices indicates a steady decline in performance.
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.
Latest
18 mins ago
The Federal Competition and Consumer Protection Commission (FCCPC) has said the recent price increases in MultiChoice cable subscriptions will be looked into by relevant stakeholders. Acting CEO of FCCPC, Adamu Abdullahi, disclosed to Channels Television on its Dateline Abuja programme on Thursday. According to Abdullahi, the review of the recent price hike is to ensure…
21 mins ago
The Lagos State Government has refuted claims that Governor Babajide Sanwo-Olu announced an increment in the minimum wage to N70,000. Lagos State Commissioner for Information, Gbenga Omotoso, disclosed this in a statement on Thursday. Omotoso said the confusion arose following an event at the Governor's Office on Wednesday, where Sanwo-Olu unveiled "Eko Cares," a program…
28 mins ago
In the ever-evolving landscape of manufacturing, the pursuit of efficiency and productivity reigns supreme. As industries strive to optimize operations and minimize waste, the integration of Manufacturing Execution Systems (MES) with Lean Manufacturing principles has emerged as a powerful strategy. This synergy between technology and philosophy holds the key to unlocking unprecedented levels of efficiency,…
44 mins ago
Stefano Pioli, the coach of AC Milan, has faced criticism from respected Italian pundit Fabrizio Ponciroli over his handling of Nigerian winger Samuel Chukwueze. After an impressive 2022-2023 season at Villarreal, Chukwueze was signed by the Rossoneri last summer for a fee that could rise to 28 million euros with bonuses. However, his integration into…
1 hour ago
Amidst the challenging business space in Africa, Brand and Marketing Expert, Charity Ilevbare-Adeniji has proved to be a beacon of innovation and success, pioneering transformative strategies that drive profitability and sustainability across industries. With over a decade of experience, Ilevbare-Adeniji has established herself as a seasoned expert who is reshaping conventional approaches to marketing and…
1 hour ago
TETFund Denies Corruption Claims, Moves To Sanitise Tertiary Education Sector Executive Secretary of Tertiary Education Trust Fund, Mr Sonny Echono, has said that claims in some quarters that the agency was a cesspool of corruption were totally untrue. Reacting to allegations of a multi-billion naira contract fund misappropriation in an interview on Thursday, Echono stated…
1 hour ago
The Nigerian National Petroleum Company Limited (NNPC Ltd) said it has resolved the cause of tightness that was experienced in the supply of fuel. NNPC disclosed this on Friday evening in a statement signed by spokesman, Olufemi Soneye in Abuja. "The Nigerian National Petroleum Company Limited (NNPC Ltd.) wishes to clarify that the tightness in…
1 hour ago
Taylor Swift's latest album, "The Tortured Poets Department" sets Guinness World Record while also breaking Spotify records since its release on April 19, 2024. “The tortured poets department” breaks a Guinness World Record with over 313.7 million filtered streams in just 24 hours. Swift claims titles for the most day-one streams of an album and…
2 hours ago
Agboola Ajayi, a former deputy governor to the late former Governor Oluwarotimi Akeredolu, has clinched the ticket of the People's Democratic Party (PDP) after emerging as the winner of the party's primaries on Thursday. Ajayi, who will be flying the flag of the party during the November 16 governorship poll, was declared the winner after…
2 hours ago
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has lamented the existence of criminal centres in the country, which he called “419 training schools,” where primary school students are recruited and prepared for illicit activities. He made the statement while addressing newsmen on the steps the commission was taking to stamp…