Browse Tag

Nigerian equities

NGX stock market. Photo credit: TheCable

Business·Markets

Market Capitalisation Takes N140bn Hit As Stanbic IBTC, MTN, Others Record Losses

Nigerian Exchange Limited (NGX) experienced a downturn in the equities market, resulting in a drop in market capitalisation by N140 billion. The losses were primarily attributed to declines in Stanbic IBTC, MTN Nigeria, and 23 other stocks.

October 20, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Strong Demand For Banking Stocks Boosts Equity Market By N16bn

In a display of investors’ confidence in the banking sector, the equity market yesterday experienced an upswing, surging by N16 billion. The driving force behind this gain was the robust buying pressure witnessed in banking stocks, creating a positive outlook for the

October 19, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Nigerian Equities Market Surges with N409bn Gains In One Week

In a week marked by positive price movements in the industrial goods sector, the Nigerian Exchange Limited witnessed a surge in market capitalization, resulting in a substantial N409 billion gain for equities market investors. The All-Share Index rose by 1.12%, reaching 67,200.69

October 17, 2023

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