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Interest Rate Hike: Equities Market Losses N773bn

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

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

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...

13 Equities Decline as Stock Market Loses N38bn

13 Equities Decline as Stock Market Loses N38bn The Nigerian Exchange Limited's equities market fell by N38bn at the end of trading on Monday as 13 firms' share prices declined. The NGX All-Share Index closed at 49,625.71 basis points on Monday from 49,695.12 on Friday, while...

Equities Market Remains Bullish As Investors Gain N486bn

Equities Market Remains Bullish As Investors Gain N486bn   Stock Investors gained N486bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The market opened for four trading days last week as the Federal Government of Nigeria declared Monday a public...

Investors Stake N16bn On 1.4 Billion Shares

Investors Stake N16bn On 1.4 Billion Shares       The Nigerian equities market attracted investment inflow of N15.918 billion last week staked on 1.419 billion shares in 18,459 deals. This indicated an increase by 46.3 per cent from the N10.883 billion invested in 1.441 billion shares in 19,614...