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Three Nigeria’s Big Firms Gained N1.15trn In 2021 – NGX

Three Nigeria’s Big Firms Gained N1.15trn In 2021 – NGX     The three biggest companies listed on the nation’s stock exchange gained a total of N1.15tn last year, data obtained from the Nigerian Exchange Limited have shown. The companies, namely Dangote Cement, MTN Nigeria Communications Plc and...

Two Major Telecoms Operators Attract Fresh N822.66bn

Two Major Telecoms Operators Attract Fresh N822.66bn       Two major telecoms operators, MTN Nigeria and Airtel Africa Plc, have attracted a total of $2billion (approximately N822.66billion) funds into their operations. This is even as foreign direct investments (FDIs) into the industry dipped sharply by 78 per cent...

Five Firms Account For 70% Of Nigeria’s Stock Market Value

Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...

Stock Investors Gain N375bn As Market Cap Hits N20.28trn

Stock Investors Gain N375bn As Market Cap Hits N20.28trn         Transactions in the equities market, on Wednesday, sustained bullish rally as the Nigerian Stock Market All-Share Index appreciated by 2.40 per cent. The market breadth closed positive with 26 gainers against seven losers. The ASI grew by 910.13...

Stock Investors Gain N390bn, Market Cap Almost N19trn

Stock Investors Gain N390bn, Market Cap Almost N19trn         Equity trading on the floor of the Nigerian Stock Exchange, on Thursday, closed on a positive note with a gain of N390bn as the bulls recaptured trading activities. The key market performance indices, NSE All-Share Index, appreciated by...

Stock Market Ends Five-day Loss With N310bn Gain

Stock Market Ends Five-day Loss With N310bn Gain         Nigerian equity market, on Monday, reversed some of the losses it recorded during the last five consecutive trading days. The market breadth closed on a positive note with 26 gainers against 14 decliners The All-Share Index grew by 592.7...