NGX Group Kayode Tokede Investors’ profit-taking in MTN Nigeria, Zenith Bank Plc, 31 other stocks down the Nigerian Exchange Limited (NGX) by N98billion. The overall market capitalisation value yesterday lost N98 billion to close at N25.289 trillion from N25.387trillion it opened for trading. Consequently, the NGX All-Share Index declined by 180.5 basis points or 0.38 […]
Nigerian music stars Eedris Abdulkareem and Charly Boy [Instagram/AbdulkareemEedris] [Instagram/CharlyBoy] Nigerian veteran rapper Eedris Abdulkareem has slammed his colleague Charly Boy over the comments he made about his infamous clash with American rapper 50 Cent in 2004. Charly Boy had taken to his Instagram page where he wrote about the incident. The veteran singer recounted […]
Investors at the Nigerian capital market parted with N19.614 billion to trade 1.785 billion shares in 27,822 deals this week. This surpassed the N19.08 billion coughed out by investors in exchange for 1.448 billion shares in 22,557 deals last week. Top NGX performing sector The Financial Services Industry was the top trading sector based on […]
January has seen investors across the world take fright, with equity markets as diverse as the US Nasdaq and those of Russia, Korea and Denmark all correcting. So much for the fear factor. We know that successful investors are not easily scared and that they buy value patiently over time. It appears this has been […]
Inoni The first quarter of the year is always characterized by announcement of audited financial results by the quoted companies on Nigerian Exchange Group PLC (NGX PLC). One of the key drivers of an efficient market is the availability of authentic and regular information from quoted companies. It is a Post Listing Requirement that a […]
At the end of today’s trading session, Champion Breweries Plc share price joined the gainers, appreciating by 8.05%, to close at N2.55 per share and taking the market capitalization from N18.48 billion to N19.97 billion. The brewer recorded a gain in share prices after the announcement of take-over shares offer by Raysun Nigeria Limited to […]
By Dipo Olowookere The positive vibes seen at the Nigerian Exchange (NGX) Limited remained on Monday, January 31, 2022, with a further appreciation of 0.91 per cent. Data showed that buying pressure on Nigerian equities persistent at the last trading session of the first month of the new year, with interest in RT Briscoe, NGX […]
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian Exchange Ltd. on Friday moved a total of 225.69 million shares worth N2.39 billion in 4,093 deals. This was against a turnover of 346.70 million shares valued at N3.83 billion exchanged in 4,952 deals on Thursday, a decrease of 34.90 per cent. Fidelity Bank was the […]
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The nation’s bourse opened the week on Monday upbeat to close its last trading day in January with a gain of N226 billion driven by high demand for shares of MTN Nigeria Communications (MTNN). Specifically, the market capitalisation, which opened the week at N24.898 trillion inched higher by […]
NGX: Market cap up by 1.04% as investors gain N262.1bn in eight hours | The Paradise News Shareholders at the Nigerian capital market pocketed N262.17 billion in just eight hours on Tuesday. This followed the rise in equity capitalisation by 1.04 percent at the close of the day’s trading. The development pushed up the equity […]
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