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NGX daily report

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Nigeria’s Equity Market Dips As Oando, Nascon, Others Pull Back On Key Stocks

Nigeria’s Equity Market Records Minor Dip Amid Profit-Taking The Nigerian equity market witnessed a slight decline on Wednesday as investors opted to sell off shares in some major companies, causing the All-Share Index (ASI) to dip by 0.07 percent. This drop was

August 22, 2024

Business·Markets·News

Nigeria’s Equity Market Experiences Fourth Day Of Decline Amid Shifting Investor Focus

Equity Market Faces Continued Decline Nigeria’s equity market experienced a further decline on Thursday, marking its fourth consecutive day of losses this week. The market decreased by 0.10 per cent, shedding N56 billion in value. This continuous dip is raising concerns among

August 16, 2024

Business·Markets·News

Nigeria’s Stock Market Sees First Negative Close Of The Week Amidst Q2 Financial Reports

Nigeria’s Stock Market Decline Nigeria’s stock market witnessed a decline on Wednesday, marking its first negative close of the week. The equities market decreased by 0.04 per cent as second quarter (Q2) financial reports trickled in, prompting investors to react to corporate

July 18, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets·News

Equity Markets Gain 0.17% Amid Renewed Investor Interest

Market Performance Nigeria’s equity markets saw their first gain this week, rising by 0.17% or N41 billion on Wednesday. The All Share Index (ASI) increased to 99,385.44 points, and the equities market capitalisation climbed to N56.221 trillion from the previous day’s lows

June 27, 2024

Business·Markets·News

NGX Fines 9 Companies N76.8m For Missing Financial Reporting Deadlines

NGX Imposes Fines on Nine Quoted Companies for Late Financial Statements The Nigerian Exchange Limited (NGX), has fined nine quoted companies a total of N76.8 million for failing to file their audited financial statements on time. This sanction comes as a response

June 24, 2024

Business·Markets·News

Equity Market Rises 0.11% As Investors Flock To Nestle Nigeria Plc Ahead Of Annual Meeting

Nigeria’s equities market saw a modest gain of 0.11% on Tuesday, driven by heightened investor interest in Nestle Nigeria Plc. The company’s upcoming annual meeting on May 22 prompted increased buying activity, propelling the market to add N61 billion, marking its strongest

May 22, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

Equity Market Sees Second Consecutive Day Of Gains, Investors Gain N303bn

The Nigerian equity market defied expectations on Thursday, May 2, 2024, as investors recorded gains for the second consecutive day. The market’s benchmark index appreciated by 0.55% to 98,762.78 points, driven by strong investor sentiment following recent earnings releases and corporate action

May 3, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

Equity Market Sees Red As Investors Suffers N1.6trn Loss In 1 Week

Last week, the Nigerian equity market took a downturn, shedding N1.57tn in value. Analysts attribute this decline to various factors, including prevailing market dynamics and changes in fundamentals amid a high-interest rate environment and mixed macroeconomic data. The All-Share Index closed at

April 22, 2024

Business·Markets·News

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

The Nigerian Stock Exchange (NGX) witnessed another day of downturn, marking the seventh consecutive day of losses for investors. The NGX All-Share Index, a key indicator of market performance, took a hit, dropping by 537.44 points to close at 101,777.12 points. This

April 16, 2024

Business·Markets·News

NGX: ASeM Index Soars 135.25%, Emerges Best-performing Index In Q1’2024

The Nigerian Exchange Limited (NGX) witnessed a surge in its Alternative Securities Market (ASeM) Index, marking a historic rise of 135.25% during the first quarter of 2024. Despite prevailing economic challenges, investor confidence remained steadfast, driving heightened market activity and substantial buying

April 2, 2024

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NGX daily report

Nigeria’s Equity Market Dips As Oando, Nascon, Others Pull Back On Key Stocks

Nigeria’s Equity Market Experiences Fourth Day Of Decline Amid Shifting Investor Focus

Nigeria’s Stock Market Sees First Negative Close Of The Week Amidst Q2 Financial Reports

Equity Markets Gain 0.17% Amid Renewed Investor Interest

NGX Fines 9 Companies N76.8m For Missing Financial Reporting Deadlines

Equity Market Rises 0.11% As Investors Flock To Nestle Nigeria Plc Ahead Of Annual Meeting

Equity Market Sees Second Consecutive Day Of Gains, Investors Gain N303bn

Equity Market Sees Red As Investors Suffers N1.6trn Loss In 1 Week

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

NGX: ASeM Index Soars 135.25%, Emerges Best-performing Index In Q1’2024

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Nigeria’s Inflation Drops to 20.12% in August, Offering Relief to Households, Businesses

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