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, […]

Trading on the Nigerian Exchange Ltd. on Tuesday closed positive, as bargain hunting in Tier-1 banks, including Zenith Bank and Guaranty Trust Holding Company (GTCO), and SEPLAT drove the benchmark index higher. Precisely, the All-Share Index (ASI) inched up by 0.19 per cent to 46,777.37 points from 46,687.85 recorded on Monday. Similarly, the market capitalisation […]

Equities market closed on a positive note, as NGXASI appreciated by +0.17% to close at 42,014.50 basis points as against -0.08% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +4.33%.


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