nigeria stock exchange

The Nigerian Exchange (NGX) at the weekend suspended nine companies over their inability to comply with the rules and best practices on corporate governance according to the nation newspaper. The suspended companies included Ardova Plc, African Alliance Insurance Plc, Niger Insurance Plc,Royal Exchange Plc, Ekocorp Plc, C & I Leasing Plc, Mutual Benefits Assurance Plc, […]

The Nigeria stock market closed on Thursday bullish, as the All-Share Index increased by 0.47 per cent to 51,618.73 points from 51,377.21 points on Wednesday. Similarly, the market capitalisation increased by N130 billion to N27.828 trillion from N27.697 trillion the previous day. The market breadth was negative as 18 stocks advanced, while 22 stocks declined. […]

The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 56 basis points. The NGX ASI closed at 51,377.21 points to reflect a growth of 0.56% from the previous trading day and a Year-to-Date (YTD) return of 20.28%. Meanwhile, the market capitalization grew by N153.90 billion. […]

Sell pressure on blue chip stocks such as Cadbury, Guiness, Nigerian Breweries, MTN Nigeria and International Breweries prompted gains at the Nigerian Exchange Ltd.,(NGX) on Thursday. The upward movement extended the bourse’s gaining streak, moving the All Share Index up by 1.42 per cent, gaining 709.54 basis points to close at 50,835.95 points compared with […]

The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 98 basis point. The NGX ASI closed at 50,126.41 points, to reflect a growth of 0.98% from the previous trading day and a Year-to-Date (YTD) return of 17.35%. Meanwhile, the market capitalization grew by N262.80 billion. […]

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 […]

The Nigerian Exchange (NGX) listed new securities worth about N3.4 trillion in the first quarter. The new listings included a $4 billion Eurobond issued by the Federal Government. Listing report provided by the NGX indicated that the issuances listed across the bonds and equities markets as the capital market continues to provide access to capital […]

The Securities and Exchange Commission (SEC) has raised concern about the market’s high proportion of unclaimed dividends. This was made known by Mr. Lamido Yuguda, the Director-General of the SEC during the Post Capital Market Committee (CMC) webinar press briefing on Thursday. Unclaimed dividends, according to him, were caused by multiple subscriptions, in which some […]


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