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Equity market

Nigeria’s Equity Market Sees N120bn Rise Despite Interest Rate Hike

Equity Market Surges Amid Interest Rate Hike Nigeria’s equity market gained N120 billion last week, rising 0.21 percent despite a surprising interest rate hike by the Central Bank of Nigeria (CBN). The surge in the market was largely driven by buy-side decisions

September 28, 2024

Business·Markets·News

Nigeria’s Equity Market Records First Decline After CBN’s Rate Hike, Investors Lose N267bn

Nigeria’s equity market saw a 0.47% drop on Thursday following the Central Bank’s decision to raise the Monetary Policy Rate. Equity Market Reacts to CBN Rate Hike Nigeria’s equity market experienced its first decline on Thursday after the Central Bank of Nigeria

September 27, 2024

Business·Markets·News

Nigeria’s Stock Market Rises By 0.18% Despite CBN Interest Rate Hike

Nigeria’s stock market saw a 0.18% increase on Tuesday, adding N104 billion in value despite the Central Bank of Nigeria’s (CBN) recent hike in the Monetary Policy Rate (MPR). The equity market has continued to grow this week, rising 0.33%, and 2.06%

September 25, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Equity Market In Nigeria Surpasses 2023 Record With N3.47trn Trade In 8 Months

Nigeria’s equity market has broken records, reaching a staggering N3.47 trillion in transactions during the first eight months of 2024, significantly surpassing the N2.41 trillion traded throughout the entirety of 2023. This growth signals increasing activity and investor confidence, especially from local

September 25, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigeria’s Equity Market Rises By 0.14% Ahead Of Monetary Policy Committee Meeting

Equity Market Sees Early Gains as Investors Await MPC Decision Nigeria’s equity market opened the week with a 0.14% increase on Monday, driven by gains in Flour Mills, Fidelity Bank, and FCMB Group. Analysts remain cautiously optimistic as the Monetary Policy Committee

September 24, 2024

Business·Markets·News

Nigeria’s Equity Market Gains 0.81% As Investors Eye Tier-1 Banks Earnings

Nigeria’s equity market experienced a notable increase of 0.81 per cent during the holiday-shortened trading week, which ended on Friday, 20th September. The market’s growth led to an overall gain of N454 billion, largely driven by investor confidence in specific sectors, despite

September 21, 2024

Business·Markets·News

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Equity Market Sees Steady Growth Amid Mixed Stock Performance The Nigerian equities market continued its upward journey on Wednesday, driven primarily by investor interest in banking, insurance, and oil & gas stocks. The market still recorded gains despite some profit-taking in the

September 19, 2024

Business·Markets·News

Nigeria’s Equity Market Records 0.62% Gain Ahead Of CBN Treasury Bills Auction

Equity Market Posts 0.62% Gain Nigeria’s equity market ended its trading session on Tuesday with a 0.62% increase, marking its first gain this week. The Nigerian Exchange Limited (NGX) All Share Index (ASI) rose from 96,206.46 points to 96,802.8 points, while the

September 11, 2024

Business·Markets·News

Nigeria’s Equity Market Sees N83 Billion Decline Amid Sell-Offs In Big Stocks

The Nigerian equity market saw a significant dip last week, losing N83 billion as a result of sell-offs in major stocks. Both the All-Share Index (ASI) and the market capitalisation fell by 0.15%, with the ASI closing at 96,433.53 points and the

September 9, 2024

Business·Markets·News

Nigeria’s Equity Market Shows Resilience, Investors Reap N45bn Gains Despite Profit-Taking

Nigeria’s equity market showed resilience on Tuesday as it added N45 billion, despite some profit-taking activities. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation both rose slightly, closing at 96,873.74 points and N55.646 trillion respectively. This marked an increase

September 4, 2024

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Equity market

Nigeria’s Equity Market Sees N120bn Rise Despite Interest Rate Hike

Nigeria’s Equity Market Records First Decline After CBN’s Rate Hike, Investors Lose N267bn

Nigeria’s Stock Market Rises By 0.18% Despite CBN Interest Rate Hike

Equity Market In Nigeria Surpasses 2023 Record With N3.47trn Trade In 8 Months

Nigeria’s Equity Market Rises By 0.14% Ahead Of Monetary Policy Committee Meeting

Nigeria’s Equity Market Gains 0.81% As Investors Eye Tier-1 Banks Earnings

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Nigeria’s Equity Market Records 0.62% Gain Ahead Of CBN Treasury Bills Auction

Nigeria’s Equity Market Sees N83 Billion Decline Amid Sell-Offs In Big Stocks

Nigeria’s Equity Market Shows Resilience, Investors Reap N45bn Gains Despite Profit-Taking

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