•With 27% female CEOs, banks make great leap in sustainable principles The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. […]
Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend yesterday, pushing the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 absolute points, representing an increase of 0.52 per cent to close at 38,418.04 points. Similarly, the overall market capitalisation value gained N104 billion […]
Nigerian stocks were up 0.22 per cent on Wednesday, on course for another week of positive return, as traders and investors continued to shift their gaze to some of the big bank stocks to take strategic positions ahead of the release of companies quarterly and half-year earnings reports due any moment from now. Access, the […]
Nigerian Exchange Group (NGX) The increasing appetite for interim dividend-paying stocks has continued to propel transactions across all sectors on the Nigerian Exchange Limited (NGX), as investors’ wealth soared by N147 billion in three trading days. Specifically, the market capitalisation, which stood at N19.923 trillion when the market reopened for trading on Monday, rose by […]
The market capitalisation of equities listed on the Nigerian Exchange Limited rose on Wednesday for the fourth straight trading day, gaining a total of N314.20bn. At the end of trading on the floor of the NGX on Wednesday, the All-Share Index increased by 0.22 per cent to 38,418.04 basis points from 38,418.04 on Tuesday. The […]
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 […]
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 […]
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 […]
The expectation of banks’ half-year earnings drive the all-share index up 0.22 per cent. Nigerian stocks were up 0.22 per cent on Wednesday, on course for another week of positive return, as traders and investors continued to shift their gaze to some of the big bank stocks to take strategic positions ahead of the release […]
The market loss was driven by price depreciation in large and medium capitalised stocks [Reuters/Akintunde Akinleye] Specifically, the market capitalisation which opened at N19.626 trillion lost N34 billion to close at N19.592 trillion. Also, the NGX All-Share Index dropped by 73.01 points or 0.19 per cent to close at 37,585.25, from 37,658.26 achieved on Friday. […]
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