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Nigerian Equities Market maintained negative posture as the key market indicator dipped further by 45.19bps amid positive market breadth. The NGX All-Share Index dipped by 0.09% to close at 49,599.73 basis points as against 0.69% loss recorded to close at 49,644.92 basis points at the end of the previous trading session. In Naira terms, the NGX Market CAP records […]

MTN Nigeria said Tuesday it is in the process of issuing a new note in the form of commercial paper in order to raise N23 billion towards meeting some obligations falling due in the short term. It gives the country’s subsidiary of Johannesburg-based wireless operator MTN Group the enablement “to diversify its financing options” with […]

The Minister of Education, Adamu Adamu, on Tuesday said the government could only afford 23.5 percent salary increase for lecturers, while a 35% increment will be enjoyed by professors. Adamu said that President Buhari has warned against signing agreements which the government will not be able to implement as the government tries to resolve its […]

The Nigerian Stock Market maintained negative note as the key market indicator dipped further by 346.49bps amid increased sell pressure. The NGX All-Share Index dipped by 0.69% to close at 49,644.92 basis points as against 0.11% loss recorded to close at 49,991.41 basis points at the end of the previous trading session. In Naira terms, the NGX Market CAP […]

According to Hanke’s Currency Watchlist, Nigeria’s currency the Naira, has been ranked the  11th worst-performing currency against the US dollar, The data shows that as of September 2, 2022, the Naira had lost 48.87% of its value against the US dollars compared to its value in January 2020. The data also reveals that the Zimbabwean […]

The Federal Government has said the Nigerian military has defeated Boko Haram terrorists and bandits holding sway in the country. The Minister of Information and Culture, Lai Mohammed, made the disclosure at a joint press briefing held at the Presidential Villa in Abuja on Monday. According to Mohammed, the country has overcome the high scale […]

The Federal Government has suspended its planned implementation of 5% excise duty on telecommunications services. The suspension was announced by the Minister of Communications and Digital Economy, Isa Pantami, on Monday during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja. The Minister who had earlier rejected […]

The NGX opened the week on a negative note as the key market indicator dipped by 54.42bps to close below 50,000 psychological line. Also, the NGX All-Share Index dipped by 0.11% to close at 49,991.41 basis points as against 0.31% gain recorded to close at 50,045.83 basis points at the end of the previous trading session. In Naira terms, […]

The Federal Government of Nigeria has filed fresh 24-count charges against Abbah Kyari, the suspended Deputy Commissioner of Police. The charges were filed before the Abuja division of the Federal High Court following the uncovering of 14 assets belonging to Mr Kyari. According to Punch, over N207 million and Є17,598 were discovered in Mr Kyari’s […]

Trading activities on the floor of the Nigerian Exchange Limited (NGX) ended the last trading day of week with the ASI gaining 0.311% as bulls maintained their grip on the local stock exchange. Find attached the NGX daily pricelist:


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