Renewed investor confidence, supported by strong macroeconomic fundamentals, propelled the Nigerian equities market to new heights last week, adding a substantial N1.7 trillion to its market capitalisation.

Equities Market Opens Week By N71bn Gain   Opening the week, the local equities market yesterday gained N71 billion, recovering some of the prior week losses. The All Share Index (ASI) rose by 125.30 points, representing a gain of 0.13 per cent to close at 99,665.05 points....

Interest Rate Hike: Equities Market Losses N773bn The domestic equities market, yesterday, extended losses from the previous session by N773 billion, as investors reacted to the outcome of the Monetary Policy Committee (MPC) meeting. The Nigeria’s apex bank has increased the country’s nominal risk-free rate by...

Interest Rate Hike: Equities Market Losses N773bn The domestic equities market, yesterday, extended losses from the previous session by N773 billion, as investors reacted to the outcome of the Monetary Policy Committee (MPC) meeting. The Nigeria’s apex bank has increased the country’s nominal risk-free rate by...

In Five Years, Nigerian Equities Market Attract $19.2bn Investment   As foreign investors take a position in low-priced stocks, the Nigerian equities market attracted a total of $19.2 billion (N8.83 trillion) in Foreign Direct Investment between 2018 and 2022, a report by the National Bureau of...

Investors Lose N1bn As Equities Market Dips   The Nigerian Exchange Limited dipped slightly on Tuesday as investors lost about N1bn at the end of trading. The All-Share Index depreciated to 55.603.94 on Tuesday from Monday’s record of 55,605.57. The Market capitalisation also dipped to N30.290tn from...