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NGX News - Page 20

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

The Nigerian Stock Exchange (NGX) All-Share Index has surged by an impressive 29.52% during the third quarter of 2023, reaching a 15-year high and defying prevailing economic concerns. This remarkable rally has been fueled by a combination of factors, with President Bola

October 2, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·News

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

In a day of wild swings, the foreign exchange market saw the dollar rate in the investors’ and exporters’ window reach unprecedented heights, hitting a staggering N810.78 per $1 on Thursday. However, it wasn’t all uphill for the dollar, as it also

September 30, 2023

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·News·World News

US Dollar Surges To 10-Month High, Naira Plunges Amid Central Bank Crisis

In a financial tale of two currencies, the US dollar stood tall, reaching a 10-month zenith against a basket of major counterparts, while Nigeria’s naira plummeted to an all-time low on the black market. This stark contrast unfolded as investors dissected upbeat

September 29, 2023

Business·Markets·News

Nigerian Stock Market: Conoil, Oando, Others Tumble, As Access, Transcorp, UBA Soar

The Nigerian Stock Exchange experienced notable shifts in market sentiment on Tuesday, with leading energy companies Conoil and Oando taking significant hits, while financial giants Access Holdings, Transcorp, and UBA soared to new heights. This reshuffling in the equities landscape marked another

September 27, 2023

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

Business·News

NGX RegCo Introduces Code Of Conduct To Enhance Ethics In Capital Market

In a significant move aimed at upholding ethical standards and fostering professionalism within Nigeria’s capital market, NGX Regulation Limited (“NGX RegCo”) has unveiled the “Code of Conduct for Approved Persons of Trading License Holders.” The Code, approved by the Securities and Exchange

September 26, 2023

Business·Currency·News

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

In an unexpected turn of events, the foreign exchange landscape witnessed a dramatic shift on Monday, as the value of total foreign exchange transactions in the investors’ and exporters’ window of the official market plummeted to $64.14 million. This steep decline, amounting

September 26, 2023

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

Business·Markets

Stock Recap: Nigerian Investors Face Turbulent Week, Lose N30.4 Billion

In a week of turbulent market activity, equity investors in Nigeria faced a challenging landscape, with a net loss of N30.379 billion in 38,536 deals, trading 3.911 billion shares, according to data released by the Nigerian Exchange Limited (NGX). This marked a

September 23, 2023

Nigeria's Stock Market Declines Of N275bn As BUA Cement, Others Faces Loss

Business·News

Oando Leads Losses As Nigerian Market Loses N518.08 Billion

Oando Corporation found itself at the forefront of the Nigerian stock market’s struggles as equity capitalization took a staggering 1.38 percent nosedive, resulting in a colossal N518.08 billion loss in total market value. The market closed on Friday with a significantly reduced

September 22, 2023

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

Business·News·Technology

FG, NGX Create Tech-Driven Path For Startup Listings

The Federal Government has announced its partnership with the Nigerian Exchange Limited (NGX) to catalyze startup listings via the newly established NGX Technology Board. This collaborative initiative was unveiled during a tech-focused event titled “Invest in Africa’s Future – Let’s Talk About Exits,”

September 22, 2023

Oando Denies Having Interests In Maltese Blending Plant

Business·News·Oil & Gas

OANDO Leads Top Losers As JOHNHOLT, OMATEK, Lead Gainers

In a market day marked by red numbers, the Nigerian Exchange (NGX) showcased its resilience as it closed in negative territory on Thursday. Despite equities declining further amid high trading volume, market players found glimmers of hope in the midst of the

September 21, 2023

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NGX News - Page 20

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

US Dollar Surges To 10-Month High, Naira Plunges Amid Central Bank Crisis

Nigerian Stock Market: Conoil, Oando, Others Tumble, As Access, Transcorp, UBA Soar

NGX RegCo Introduces Code Of Conduct To Enhance Ethics In Capital Market

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

Stock Recap: Nigerian Investors Face Turbulent Week, Lose N30.4 Billion

Oando Leads Losses As Nigerian Market Loses N518.08 Billion

FG, NGX Create Tech-Driven Path For Startup Listings

OANDO Leads Top Losers As JOHNHOLT, OMATEK, Lead Gainers

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NGX News - Page 20

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