By Obas Esiedesa Two years after it imposed sanctions on Oando Plc, the Securities and Exchange Commission, SEC, on Monday said it has reached a settlement over with the indigenous oil company “in the overriding interest of the shareholders of the company and the capital market”. The Commission in a Circular released in Abuja and […]
The Nigerian Exchange (NGX) closed trading on Friday with a growth of N42 billion due to renewed confidence. Speficially, the market capitalisation inched higher by N42 billion or 0.21 per cent to close at N19.771 trillion from N19.729 trillion recorded on Thursday. Also, the All-Share Index, which opened at 37,866.90 rose by 80.28 points or […]
Nigeria’s stock exchange market closed today’s trading session posting gains that increased the index by +80.28 points. The All-Share Index increased by +0.21% closing at 37,947.18 from 37,866.90 index points. • The stock exchange market value currently stands at N19.78 trillion. Its Year-to-Date (YTD) returns currently stands at -5.77%. • The market breadth closed positive […]
The Nigerian equities market made a rebound on Wednesday from the loss it made on Tuesday with a gain of about N8 billion as a result of buying interest in MTN Nigeria (+0.6%), Total Energies (+6.1%) and First Bank Holding (+0.7%). The benchmark index therefore rose 0.04 percent to 37,872.55 points, and the market year […]
The stock exchange market made a bullish trend at the end of yesterday’s trading session posting gains that increased the index by +15.31 points. The All-Share Index increased mildly by +0.04% closing at 37,872.55 from 37,857.24 index points. • The stock exchange market value currently stands at N19.73 trillion. Its Year-to-Date (YTD) returns currently stand […]
Nigerian stocks scraped a paltry 0.04 per cent gain Wednesday to post their first appreciation this week. The climb rode on the back of appreciation in the shares of MTN and energy heavyweight Total. The size dwindled a little from the figure reported the session before , raising concerns about the liquidity crisis that has […]
Nigerian stocks fell a little on Thursday, trading down 0.02 per cent as sell-offs in the shares of GTCO and Oando helped set in motion a loss in the sum of N4 billion. The development followed two straight days of gain by the bourse, which has now fallen by 5.89 per cent so far this […]
Nigerian Exchange Group (NGX) The Nigerian Exchange Limited (NGX) halted three consecutive days of trading losses as renewed bargain hunting in most blue-chip stocks lifted market capitalisation by N8 billion. At the close of transactions yesterday, the All-Share Index (ASI) increased by 15.31 absolute points, representing a growth of 0.04 per cent to close at […]
Out of the 5 major indices of the Nigerian Exchange Group (NGX), the NGX Oil and Gas Index recorded the highest positive movement to reflect a growth of 38.28% in Half Year 2021. Albeit slight, the NGX Consumer Goods and NGX Insurance Indices recorded growth of 5.12% and 3.04% respectively, However, the NGX Banking Index […]
Nigerian stocks climbed for the fifth straight session on Thursday, this time by as little as 0.01 per cent, aided by modest gains recorded by PZ Cussons, UACN and UBA, with liquidity easing by 5 per cent. Also backing gains, the oil and gas index was up 0.21 per cent to close at 265.65 points, […]
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