With 45.9% Gains, Nigeria's Stock Market Performed Better than Russia's in 2023 - Report   The Nigerian stock market has emerged as one of the world's best performing stock markets in 2023, with the All Share Index up by 45.9% year-on-year. According to a report by Statisense,...

NGX: Market Rebounds as Banking Stocks Drive N166bn Gain   The Nigerian Exchange Limited (NGX) witnessed a rebound in its equities market on Tuesday, propelled by a rally in banking stocks. The market had initially started the week on a negative note, experiencing a 0.57 per...

NGX Ends Week With N122bn Gain   The Nigerian Exchange Limited (NGX) closed the week with a N122bn gain amidst mixed trading sentiments as investors reacted to the release of corporate earnings results for the third quarter. The All-Share Index climbed 0.33 per cent week-on-week to close...

Investors Gain N213bn As Equity Market Rebounds   The Nigerian Exchange Limited (NGX) on Tuesday halted seven days of bearish trading to close the market with a gain of N213bn for investors. Both the All-Share Index and the Market capitalisation rose by 0.59 per cent to 66,770.97...

Stock Exchange: Energy Sector Records 3.6% Gain in One Week   Over the last seven days, the Nigerian stock market has remained flat, although the energy sector gained 3.6% in that time. More promisingly, the market is up by 69% over the past year. Economic Confidential reports that...

CBN Orders Banks To Save Gains From FX Revaluation   The Central Bank of Nigeria, CBN, has ordered banks to save gains from foreign exchange (FX) revaluation as a buffer against emerging economic shocks. The regulator in this regard stopped banks from using FX revaluation gains to...