Equity market loses N184bn as investors' sentiments wane
Investors lost about N184bn at the close of Tuesday’s trading on the Nigerian exchange, reversing the N101bn gained in the previous day.
Source: punchng.com
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NGX : Total share value drops by N83m, investors lose N184bn
Total share value on the Nigerian Exchange (NGX) Ltd. on Tuesday dropped by N83 billion or 16.2 per cent due to selloffs in the stocks of Tier-One banks Specifically, a total of 263.19 billion shares valued at N4.30 billion were exchanged in 8,614 deals, against 242.43 billlion shares worth N5.13 billion exchanged in 8,715 deals
Fidelity Bank Sovereign Trust Insurance Zenith Bank Guaranty Trust Holding Company Nigerian Exchange United Bank
Source: promptnewsonline.com
Equity market rebounds with N902bn gain
The domestic bourse All-Share Index and market capitalisation rose by 1.63 per cent to close at 102,802.25 points and N56.26tn, respectively.
Federal Reserve Zenith Bank Computer Warehouse Group Nascon Allied Industries Oil Gas Guaranty Trust Holding Company Plc
Source: punchng.com
Exclusive: NGX tech board expects "one or two" startup listing this year
The Nigerian Stock Exchange Group (NGX) is positive that regulatory changes will incentivise homegrown startups to list on its tech board.
Source: techcabal.com
Equity market rally enters seventh day with N3.5tn gain
The rally on the Nigerian Exchange Limited entered its seventh day on Monday, resulting in a daily gain of N365bn and a compound gain of N3.5tn from the rally which started on December 28, 2023.
Source: punchng.com
Transcorp, Chams, CWG post over 700% return on investment
It was a harvest of capital gains for the shareholders of Transport Hotels Plc, Chams Holding Company Plc and CWG Plc, as they led the 10 companies that topped the winners' chart on Nigeria Exchange Limited (NGX) in capital appreciation in 2023
Mayowa Olaniyan Ikeja Hotels Card Centre Computer Warehouse Group Transcorp Hotels Plc Infinity Trust Mortgage Bank
Source: guardian.ng
Transcorp, Chams, WG surpass 700% capital returns in 2023
Despite the headwinds that characterised the business environment in 2023, the NGX All-Share Index, a measure of capital gains, was up by
Chams Holdco Mayowa Olaniyan Nigerian Exchange Transnational Corporation Of Nigeria Transcorp Hotels Infinity Trust Mortgage Bank
Source: tribuneonlineng.com
Crystal-Gazing Nigerian Stock Market in 2024, By Uche Uwaleke
Despite macroeconomic headwinds occasioned by fuel subsidy removal and exchange rates unification in 2023, investors in the Nigerian stock market had reason to smile. The Nigerian Exchange All Share index (ASI) defied economic shocks posting an impressive return of 45.9% thereby outperforming most emerging and developed markets. For context, the Year-to-Date returns in respect of
Abuja Federal Capital Territory United Kingdom Yemi Cardoso Ahmed Tinubu Institute Of Bankers National Assembly
Source: promptnewsonline.com
Former ICAN President, Ijewere dies at 77
Emmanual Ijewere, the former President of the Institute of Accountants of Nigeria, ICAN, has reportedly passed away at age 77. His death was confirmed to
Goodluck Jonathan Muhammadu Buhari Emmanual Ijewere Computer Warehouse Group Institute Of Directors Countrywide Direct Mortgage Company
Source: dailypost.ng
Ex-ICAN President, Ijewere Is Dead
Former president of the Institute of Chartered Accountants of Nigeria (ICAN), Emmanuel Ijewere, is reportedly dead.
United Kingdom Nigeria General Ebele Jonathan Muhammadu Buhari Drum Resources Nigeria Agricultural Transformation Implementation Council
Source: newtelegraphng.com