NGX

Nigerian Exchange Limited has joined six others in the African Exchanges Linkage Project to begin cross-border trading, to integrate the African capital market and free movement of investments in the region through the AELP link platform. According to PUNCH, the Exchange said, “The go-live happened when the platform was officially switched on at 0000 UTC. […]

Nigerian Equities Market closed the last trading day week in the red zone as the key market indicator dipped further by 35.45bps  The NGX All-Share Index dipped by 0.13% to close at 49,475.42 basis points as against 0.07% loss recorded previously to close at 49,540.48 basis points at the end of the last trading session. In Naira […]

Nigerian stock Market closed flat as the key market indicator inched up marginally by 2.01bps amid negative market breadth. The NGX All-Share was flat to close at 49,627.72 basis points as against 0.14% loss recorded previously to close at 49,625.71 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records […]

Nigerian Equities Market started the week  in the negative territory as the key market indicator dipped by 69.41bps amid positive market breadth. Thus, the NGX All-Share dipped by 0.14% to close at 49,625.71 basis points as against 0.09% gain recorded previously to close at 49,695.12 basis points at the end of the last trading session. In Naira terms, the […]

Investors lost N189bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 0.7 per cent to close at 49,695.12 and N26.805tn last week. All other indices finished lower with the exception of NGX Insurance, […]

Bullish sentiment returned to the Nigerian stock market on Wednesday, following investors’ interest in MTN Nigeria. Specifically, the market capitalisation garnered N556.93 billion or 1.99 per cent to close at N28.735 trillion from N27.928 trillion on Tuesday. Also, the All-Share Index advanced by 1,033.04 points or 1.99  per cent to close at 52,838.45 against 51,805.41 […]

Bullish sentiment returned to the Nigerian stock market on Wednesday, following investors’ interest in MTN Nigeria. Specifically, the market capitalisation garnered N556.93 billion or 1.99 per cent to close at N28.735 trillion from N27.928 trillion on Tuesday. Also, the All-Share Index advanced by 1,033.04 points or 1.99  per cent to close at 52,838.45 against 51,805.41 […]

The bears resurfaced at the Nigerian Exchange Ltd. on Tuesday as a result of profit taking in MTN Nigeria and 11 other stocks. Accordingly, the All-Share Index declined by 97.07 basis points or 0.19 per cent to close at 51,805.41 from 51,902.48 recorded on Monday. Consequently, the year-to-date (YTD) return fell to 21.28 per cent. […]

Fidelity Bank Plc has approved a dividend of 35 kobo to be paid to its shareholders for the full-year period ended December 2021. This was passed as a resolution at the recently concluded 34th Annual General Meeting held on Thursday, May 5, 2022. This information was disclosed in a notice signed by the company’s secretary, […]

Nigerian Exchange Limited has launched West Africa’s first Exchange Traded Derivatives Market with Equity Index Futures Contracts. It said in a statement on Friday that this was consistent with the Exchange’s commitment to develop the Nigerian capital market by providing a market that thrived on innovation and responded to the needs of stakeholders in accessing […]


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