NGX News – Page 4 of 21 – Prime Business Africa

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

Nigeria’s Stock Market Dips By 0.21% As Investors Await Key MPC’s Decisions

Nigerian Equities Close in Red, Decline by 0.21% The Nigerian stock market recorded a slight decline as investors anticipated outcomes from the ongoing Monetary Policy Committee (MPC) meeting. The All-Share Index (ASI) fell by 0.21%, closing at 97,626.27 points, compared to 97,829.02

November 26, 2024

Business·Markets·News

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

Nigerian Stock Market Rises By 0.42% Despite Interest Rate Hike

Stock Market Defies CBN’s Interest Rate Hike Nigeria’s stock market surprised analysts on Wednesday, continuing its upward trend despite the Central Bank of Nigeria’s (CBN) recent increase in the Monetary Policy Rate (MPR). The market gained 0.42%, or N241 billion, at the

September 26, 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

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 Records First Loss After Positive Streak In Short Trading Week

Nigeria’s Equity Market Declines After Early Gains Nigeria’s equity market recorded its first loss of the week on Thursday, marking a shift from a series of positive closes seen in the earlier trading sessions. The NGX All-Share Index (ASI) fell by 0.19

September 20, 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

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

Guinness Nigeria Plc Gains NGX Approval For Block Divestment Deal Worth N103bn

Business·Markets·News

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Guinness Gets NGX Green Light for N103 Billion Block Divestment Guinness Nigeria Plc has secured the approval of the Nigerian Exchange Limited (NGX) for a significant block divestment deal valued at N103 billion. This move involves the sale of 1.27 billion ordinary

September 18, 2024

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NGX News - Page 4

Nigeria’s Stock Market Dips By 0.21% As Investors Await Key MPC’s Decisions

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

Nigerian Stock Market Rises By 0.42% Despite Interest Rate Hike

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

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 Records First Loss After Positive Streak In Short Trading Week

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

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

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