Equities Following gains recorded by virtually all the blue-chip stocks, the Nigeria Exchange Limited (NGX) rebounded yesterday, as the All-Share Index appreciated by 0.6 per cent Yesterday, the market capitalisation of listed equities increased by 0.6 per cent to N24.059 trillion from N23.921 trillion reported the previous day. The NGX All-Share Index also grew by […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited turned red on Tuesday following activities of profit-takers, which weakened the local bourse by 0.09 per cent at the close of business. It was the first loss Nigerian stocks were witnessing in 2022 as the five previous trading sessions have all ended in the positive territory. What […]
By Dipo Olowookere The last trading session of this week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note as the local bourse shed 0.34 per cent on Friday. Renewed profit-taking influenced the decline posted by Customs Street as traders offloaded equities mainly in the industrial and insurance sectors, causing […]
The domestic equities market sustained its bearish trend on Wednesday due to losses recorded by MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation inched lower by N75 billion or 0.34 per cent to close at N22.050 trillion from N22.125 trillion recorded on Tuesday. Also, the All-Share Index lost 144.35 points or 0.34 […]
Nigerian Stock Market trade floor (Photo Credit: Bloomberg) The domestic equities market sustained its positive run on Thursday as demand for Lafarge Africa and FBN Holdings spurred a third consecutive gain in the market. Specifically, the All-Share Index inched higher by 131.19 points or 0.30 per cent to close at 43,607.94 from 43,476.75 posted on […]
BUA Cement Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) gained N70 billion on sustained bargain hunting in BUA Foods, Lafarge Africa, Nigerian Exchange Group (NGXGroup), UAC of Nigeria (UACN), United Capital and 20 other stocks. The appreciation drives NGX All Share Index (ASI) by 131.19 basis points or 0.30 per cent […]
The Nigerian Stock Market ended on a positive note on Friday as the likes of Airtel Africa Plc, BUA Foods, Lafarge Africa Plc, and FBN Holdings Plc gained ₦1.33 trillion to end the first trading week. The stoke market last Friday saw all the share index increase by 2.7 percent to close at 43,854.42 basis […]
This is the news about Dollar to Naira rate at the official and black market exchange rate Today January 11, 2022. Read Naija News update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates . How Much Is Dollar To Naira Exchange Rate Today Official […]
Kayode Tokede The stock price of Dangote Cement Plc hits 2022 high yesterday amid the management proposed plans to repurchase 170,003,074 ordinary fully paid-up ordinary shares of 50kobo each from shareholders in the second tranche of its share buyback programme. The buyback presents one per cent of the currently issued shares. Bullish sentiments returned to […]
*Record 20% growth By Nkiruka Nnorom Eight companies listed on the Premium Board of the Nigerian Exchange Limited (NGX), otherwise known as elite issuers, account for 49.2 percent of the total equities market capitalization at the end of 2021. The companies, which also comprise some of the most capitalized stocks in the Exchange, recorded 20.1 […]
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