Saturday, 9th December 2023

Nigerian Exchange Limited

8 Aug
A leading Nigerian independent energy company, Seplat Energy Plc, listed on both the Nigerian Exchange Limited and the London Stock Exchange, has, within a year, experienced 10.2 per cent gas revenue, reaching $63.7 million in six months of 2023 (compared to $57.8 million in six months 2022).
2 Aug
Prolonged forex illiquidity, inflation, high-interest rate regime and other macroeconomic headwinds have sustained lackluster interest in domestic equities as the total foreign inflow (TFI) to equities declined by 90.6 per cent in the last 10 years.
31 Jul
The Nigerian Exchange Limited (NGX) said it has delisted the entire 1,310,629,267 issued share capital of Ardova Petroleum Plc from the daily official list. This, it said, followed the submission of the required post-approval documents from Ardova Petroleum” and pursuant to the scheme of arrangement between Ardova and the holders of its fully paid ordinary…
31 Jul
The financial services industry dominated in volume terms at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 1.936 billion shares valued at N27.7 billion traded in 20,839 deals. Thus, it contributed 67.84 per cent to the total equity turnover volume and value…
24 Jul
Heavy transactions in the shares of United Bank for Africa (UBA) FCMB Group Plc and Japaul Oil lifted the volume of shares traded last week as 4.2 billion shares worth N99 billion were recorded in 41,446 deals by investors on the floor of the Nigerian Exchange Limited (NGX).
19 Jul
•VFD’s boss appointed NGX Group’s non-executive director Following gains in many blue-chip companies, especially Dangote Cement and Transcorp Hotel, transactions on the Nigerian Exchange Limited (NGX) sustained a rising profile as investors’ wealth rose by N448 billion. At the close of transactions yesterday, the market capitalisation of listed equities appreciated by 1.31 per cent to…
18 Jul
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, as heavy price gains in Geregu and 41 stocks lifted capitalisation by N204 billion.
6 Jul
The African Securities Exchanges Association (ASEA) and the African Development Bank (AfDB) Group have signed an agreement for a $600,000 grant to expand the number of linked African exchanges from an initial seven to 15 under the second phase of the African Exchanges Linkage Project (AELP).
4 Jul
Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market stakeholders yesterday held a mock-trading session and Closing Gong Ceremony in honour of the founder of FCMB Group, late Otunba Subomi Balogun.
27 Jun
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened in an upbeat as increased bargain hunting in BUA cement and 45 stocks lifted capitalisation by N72 billion.
23 Jun
As domestic investors lead trading by 76% in May Uncertainty, inflation and other macro economic challenges bedeviling the country have continued to weaken foreign investors' appetite for stocks, as latest report by the Nigerian Exchange Limited (NGX) shows that the total value of transactions executed by domestic investors outperformed those of foreigners by 76 per…
12 Jun
The financial services industry dominated turnover, in volume terms, at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 1.6 billion shares valued at N15.7 billion in 14,851 deals; thus contributing 71.82 per cent to the total equity turnover volume and value respectively.…


1 hour ago
President Bola Ahmed Tinubu, on Thursday, in Abuja expressed optimism about the prospects of increased investments from Shell Petroleum Development Company of Nigeria (SPDC), emphasising Nigeria’s long-term relationship with the company..
1 hour ago
The Chief Medical Director, the University of Benin Teaching Hospital (UBTH), Prof Darlington Obaseki, has said cervical cancer represents a significant and pressing public health concern for adult females in Nigeria and other developing nations. Obaseki asserted while delivering the 296th Inaugural Lecture of the University of Benin (UNIBEN) entitled, "Microscopes, Milestones And The Maelstrom:…
2 hours ago
The Transmission Company of Nigeria (TCN), Benin region on Saturday embarked on facilities expansion and upgrade at work centers in Edo, Delta, Ondo and Ekiti states aimed at expanding the grid for increased capacity and improved quantity of power transmission to the distribution companies in the areas. The TCN General Manager in the region, Engr.…
2 hours ago
The Chairman of the House of Representatives committee on Insurance and Actuarian matters, Mr Ahmed Jaha Babawo has decried the appalling level of contribution of the insurance sector to Nigeria's gross domestic product (GDP).
2 hours ago
The management of Tantita Security Services Limited has described as bizarre, and mischievous an accusation by the Nigerian Navy that the company is involved in illegal activities along the coastal areas of Ondo State. The Navy had issued a statement on Thursday on the arrest of a 77-meter  long motor tanker for crude oil theft…
4 hours ago
The President of the Nigeria Institute of Public Relations (NIPR), Dr. Ike Neliaku, has inaugurated two committees on the forthcoming first edition of the Nigeria National Spokespersons' Awards (NNSA) scheduled for March 2024. This is part of the historic deal with the Image Merchants Promotion Limited (IMPR) - publishers of PRNigeria, Economic Confidential, Spokespersons' Digest…
4 hours ago
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has allayed the fear about artificial intelligence in communication and national security. Kashifu spoke at the 2023 Security and Emergency Management Awards (SAEMA) and Spokespersons’ Communication Awards (SCA); 29 awards were presented to eminent security personnel, agencies, public relations experts, public…
5 hours ago
Manchester United went one step forward against Chelsea but have gone two steps back as they fell to an embarrassing 3-0 defeat against Bournemouth.
6 hours ago
Nigerian government has said that the surge of military coups in the West African is fast becoming a threat to the democratic culture in the region.
6 hours ago
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has called on African leaders to create quality jobs for its teeming unemployed youths to stem the trend of brain-drain bedeviling the continent.