By Aduragbemi Omiyale The last three trading sessions of 2021 on the floor of the Nigerian Exchange (NGX) Limited were mixed as the market closed positive for two days and negative for a day. The exchange operated for only three days as a result of the public holidays observed last Monday and Tuesday for the […]
In October, The Central Bank of Nigeria (CBN) unveiled the very first Central Bank Digital Currency (CBDC) in Africa with a lot of national and international interest on how well the electronic currency will perform and what problems it would solve in the banking and finance space on the continent. TheCable brings you some quick […]
By Dipo Olowookere Investment in Nigerian equities last week waned by N22.2 billion or 64.2 per cent to N12.4 billion from N34.6 billion in the previous week as only 1.4 billion stocks were traded by investors in 23,987 deals in contrast to the 3.0 billion stocks transacted a week earlier in 25,932 deals. Business Post […]
The 98 leading companies on the Nigerian Exchange Limited, NGX have recorded combined turnover of N6.1trillion in the first half of 2021, H1’21. The companies’ H1’21 combined turnover was 17.57 per cent more than the N5.2 trillion recorded in the same period in H1’20. Financial Vanguard findings from the financial reports they turned over to […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded on Thursday by 0.17 per cent following the rush for Access Bank Plc stocks by investors, especially the dividend hunters. After the close of trading activities on Wednesday, the lender released its much-anticipated earnings for the period ended June 2021 and it proposed the payment of […]
Trading activities on the Nigerian equities market yesterday closed with a decline of N3 billion, to extend the bearish sentiment to two consecutive trading days on sell-off in 15 stocks. Market watchers attributed the decline mostly to sell-off in the financial sectors, as investors lost N54 billion in two trading days. In summary, the All-Share […]
[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 […]
Nigerian Exchange Group (NGX) The Nigerian Exchange Limited (NGX) extended bearish sentiment to two trading sessions yesterday, as sustained sell-pressure in the shares of many insurance companies dragged the All-Share Index (ASI) further by 0.01 per cent. Specifically, the All-Share Index (ASI) dipped by 5.34 absolute points, representing a marginal decrease of 0.01 per cent […]
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