Browse Tag

NGX News - Page 21

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

Nigerian Stock Market: Sunu Assurance, Berger Shine In Downturn

In a display of resilience, the Nigerian stock market weathered a minor dip on Wednesday, with the equity capitalization decreasing by a marginal 0.03 percent. While this translated to a dip of N12.86 billion in market capitalization from N37.41 trillion to N37.40

September 20, 2023

Business·News

NGX Loses N757bn In 48 Hours Due To FTSE Russell Downgrade

Investors in the Nigerian Exchange Limited (NGX) faced a tumultuous two days as they watched N757 billion evaporate from the market, all triggered by FTSE Russell’s decision to downgrade the exchange from frontier to unclassified market status. This move, driven by Nigeria’s

September 13, 2023

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

Business·News

Trillion Naira Stocks Power NGX’s 2023 Record Growth

In a seismic shift on the Nigerian Stock Exchange (NGX), the SWOOTs – stocks with a market capitalization of over one trillion naira – have emerged as the dominant players, commanding headlines and portfolios alike. As of August 2023, these financial behemoths

September 13, 2023

Temi Popoola, the Chief Executive Officer of the NGX

Business·Markets

NGX, LCCI To Partner On Private Sector Advocacy, Listings

Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development for both chamber members and the broader economy. The Chief Executive Officer, NGX,

September 2, 2023

Nigerian Stock Market Opens 2024 On A High Note As Investors Gain N666bn

Business·Insights·Markets

Foreign Investors Drop Equity Investments To 6.5%, Stock Market Total Transactions Hit N702.9bn

The capital market authority, the Nigerian Exchange Limited (NGX), has disclosed that the total transactions recorded by domestic and foreign equity investors was N702.9 billion in July 2023. According to a report obtained from the NGX, the total equity transactions recorded last

August 28, 2023

Business·Markets

ETFs: NGX Hints On 4 Potential Listings As Investors Tackle Market Challenges

Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola, has said that the market would see a renewal in Exchange Traded Fund listings as four new ETFs were in the pipeline. Popoola echoed this at the recently completed ETFs conference, themed:

April 19, 2023

Business·Markets

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Ecobank Transnational Incorporated, PZ Cussons, John Holt and Guinea Insurance Plc have been penalised by the Nigeria Exchange Limited (NGX) for flouting the rules of the Nigerian capital market. The four companies were slammed with N11.65 million fines combined for various offences

March 21, 2023

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Market Cap Gains N13.07 billion, First Bank Sterling Top Trades

At the end of trading on Thursday, the Nigerian stock market capitalisation increased by N13.07 billion from the N26.94 trillion it recorded on Wednesday to N26.96 trillion. This was driven by the All Share Index which grew by 24 basis points from

December 22, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

An electricity power plant company, Geregu Power Plc, has listed by way of introduction on the Nigerian Exchange Limited (NGX) to raise funds amid report of its expansion plan. Geregu Power, owned by Nigerian investor, Femi Otedola, listed 2.5 billion shares on

October 5, 2022

Business·Markets

Investors Hit N104.54 billion As Guinness, Caverton, Others Raise Stock Exchange

The equity capitalisation of the Nigerian stock exchange rose to N26.88 trillion from N26.77 trillion on Wednesday, appreciating by 0.3 percent, which represents N104.54 billion growth. It followed the path of the All-Share Index that gained 193.82 basis points to end trading

August 31, 2022

Previous 1 … 19 20 21 22 23 Next

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

NGX News - Page 21

Nigerian Stock Market: Sunu Assurance, Berger Shine In Downturn

NGX Loses N757bn In 48 Hours Due To FTSE Russell Downgrade

Trillion Naira Stocks Power NGX’s 2023 Record Growth

NGX, LCCI To Partner On Private Sector Advocacy, Listings

Foreign Investors Drop Equity Investments To 6.5%, Stock Market Total Transactions Hit N702.9bn

ETFs: NGX Hints On 4 Potential Listings As Investors Tackle Market Challenges

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Market Cap Gains N13.07 billion, First Bank Sterling Top Trades

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

Investors Hit N104.54 billion As Guinness, Caverton, Others Raise Stock Exchange

Featured Stories

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

Enugu’s BRT Blitz: Modern Roads, Shattered Lives

Whatsapp Channel

Latest News

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Morocco Detains Alleged Italian Mafia Boss, Wife as Rome Pushes for Extradition

NFVCB Orders Title Review of Controversial Nollywood Film After CAN Protest

Fire Hits FIRS Office Amid Tax Law Discrepancy Concerns

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Suggestions

NGX News - Page 21

Featured Stories

Follow Us

Whatsapp Channel

Latest News