YEAR 2020 was no doubt a tough year for businesses in Nigeria and across the world with the attendant effects of COVID-19 pandemic disruptions in economic activities. This was as the global economy was hit by the worldwide lockdown on movements and restrictions with policies that affected and discouraged investments. Unfortunately, the impact of COVID-19 […]
Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed on a downward note yesterday, as the All-Share Index (ASI) depreciated by 0.01 per cent. Specifically, the ASI declined by 4.99 absolute points, representing a decrease of 0.01 per cent, to close at 43,255.14 points. However, the […]
NGX Insurance Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) appreciated marginally by N596.41 million amid the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retaining all policy parameters in order to further boost the nation’s economic growth. The MPC members unanimously voted yesterday to retain Monetary Policy Rate […]
According to the Nigerian Exchange, there are over 156 listed firms with a total market capitalization of over N21 trillion While some companies’ stocks have made billions for shareholders, many are left to count their losses As the year draws to a conclusion, many people’s prospects of recovering are dwindling, while others will just have […]
Transactions on the Nigerian stock market opened trading for November on a negative note with the market capitalisation losing N32 billion on profit-taking. Specifically, the market capitalisation which resumed for the month at N21.938 trillion lost N32 billion or 0.15 per cent to close at N21.906 trillion. Also, the All-Share Index dropped 61.81 points or […]
The nation’s bourse on Tuesday closed in green, reversing negative mood following buying interest in BUA Cement. Specifically, the market capitalisation inched higher by N19 billion or 0.09 per cent to close at N21.925 trillion from N21.906 trillion recorded on Monday. Also, the All-Share Index rose by 36.60 points or 0.09 per cent to 42,013.39 […]
[FILES] Stock market display The Nigerian stock market reopened for the month of September on a downturn, following sell-pressure in the shares of FTN Cocoa and 16 others, causing investors’ wealth to plunge further by N18 billion. Specifically, at the close of transactions on the Nigerian Exchange Limited (NGX) yesterday, the All-Share Index (ASI) dipped […]
Darasimi Adebisi Transactions on the Nigerian equities market yesterday closed on a negative note, taking the trading losses to the third consecutive day as investors’ profit-taking down market by N18 billion. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) dipped by 35.43 basis points, representing a decline of 0.09 per cent, to close at 39,184.18 […]
The Nigerian Exchange (NGX) closed trading on Tuesday in green to halt the six-day consecutive bearish trend with a marginal growth of N3 billion. The market upturn was due to investors’ renewed buying interest in the financial and industrial sectors. Consequently, the market capitalisation inched higher by N3 billion or 0.01 per cent to close […]
Darasimi Adebisi The Nigerian equities market yesterday closed trading activities in the green, to halt the six-days of consecutive bearish trend. The market upturn was due to investors’ renewed buying interest in the Financial and Industrial sectors, as capitalisation gained N2 billion. In summary, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew by 4.88 […]
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