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 […]
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian stock market on Thursday returned to positive territory with capitalisation growing by N215 billion. The market capitalisation, which opened at N25.289 trillion inched higher by N215 billion or 0.85 per cent to close at N25.504 trillion. Also, the All-Share Index (ASI) increased by 399.14 points or […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited depreciated by 1.12 per cent on Thursday as investors booked profit in Dangote Cement, Oando, FBN Holdings, Ardova and 14 other stocks. From the analysis of the trading details, industrial goods, insurance and energy sectors were the major drivers of the loss as they shed 3.25 per […]
By Dipo Olowookere The first trading session of the new week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note after a 0.16 per cent loss on Monday. The lowering of the NGX index was majorly due to price depreciation in Okomu Oil, Oando, GTCO, MTN Nigeria, FBN Holdings and […]
By Dipo Olowookere The trio of Computer Warehouse Group (CWG), Transcorp and FBN Holdings dominated the total equity turnover last week, accounting for 810.8 million shares worth N2.1 billion in 1,499 deals, contributing 43.65 per cent and 4.38 per cent to the total trading volume and value respectively. Business Post reports that in the week, […]
A leading Information Technology service management company in Nigeria, Computer Warehouse Group (CWG) including Transcorp and First Bank Holdings led last week’s capital market investment based on volume, reports revealed. This is as the three companies contributed 43.65% and 4.38% to the total equity turnover volume and value respectively, Naija News understands. The Nigerian Exchange […]
Floor of Nigerian Stock Echange Nigerian stocks contracted 0.34 per cent on Friday, a decline driven by investors showing more willingness to sell shares in Dangote Cement and GTCO (two of Nigeria’s most capitalised companies) than to hold them. Dangote Cement saw depreciation in its shares despite its recent announcement to buy back 170 million […]
NGX Insurance Kayode Tokede The Nigerian Exchange Limited (NGX) kicked off the first trading week of 2022 on a positive note as its market capitalisation gained N1.33 trillion. This followed foreign investors’ and high net worth investors’ demand for Airtel Africa Plc, BUA Foods, Lafarge Africa Plc, and FBN Holdings Plc, which pushed market capitalisation […]
This is the news about Pounds to Naira rate at the official and black market exchange rate Today January 11, 2022. Read Naija News update on the official pounds rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates. The official rate today, Tuesday January 11th, 2022, for £1 pound […]
Following renewed profit taking activity, the equities market halted five days gaining streak to close on a downturn yesterday, causing market capitalisation to plunge by N20 billion. Specifically, at the close of trading yesterday, the NGX All-Share Index depreciated by 37.83 basis points to 43859.30 points from 43897.13 points reported the previous day. Similarly, market […]
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