Sell-Off Slaps N4514bn Loss on Investors at NGX
Trading on Thursday closed on a bearish note as equities on the Nigerian bourse extended their downward trajectory, reflecting cautious investor sentiment and persistent profit-taking across key sectors.
Official data from the Daily Official List shows the All-Share...
Investors Gain N1.7trn as Banking, Industrial Shares Soar
Investors gained approximately N1.70 trillion at the close of Thursday’s trading, as broad-based sectoral advances lifted equities and pushed the benchmark index to a fresh weekly high on the Nigerian Exchange Limited.
Market capitalisation rose to N123.93 tn...
How Nigeria’s Economic Revival is Attracting Global Investors - The Economist
Nigeria is re-emerging as a magnet for global capital after years of economic turbulence. The Economist notes that President Bola Tinubu’s sweeping reforms, though painful for households, are beginning to restore stability and spark...
Equities Market Rebounds as Investors Gain N1trn
The Nigerian Exchange Limited (NGX) continued its bullish trading on Thursday, as the All-Share Index rose by 1.08 per cent to close at 146,981.17 points.
Investors also recouped some of their losses from the recent downturn, as the market...
NGX Gains N479bn as Reforms Lift Investor Confidence
Nigeria’s equities market sustained its upward trajectory on Thursday, recording a gain of N479bn in market capitalisation as investors continued to respond positively to ongoing economic reforms and improving macroeconomic indicators.
At the close of trading, the Nigerian...
Investor Interest Drives N350bn Gain in Nigerian Stocks
The Nigerian Exchange Limited (NGX) sustained its positive momentum on Thursday as investors gained N350bn at the close of trading, following renewed interest in banking and industrial stocks.
The market capitalisation of listed equities rose to N94.2tn from...