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LCCI: Special Support Mechanism Must Be Implemented For Strategic Investors

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to provide special support mechanisms to strategic companies and industries that play a key role in achieving inclusive economic growth for the country’s Gross Domestic Product (GDP) in light of the current economic challenges facing Nigerian society.

Equity Market Investors Lose As Sell-offs Continue

Equity Market Investors Lose As Sell-offs Continue Midweek trading on the Nigerian Exchange saw sell-offs continued, resulting in a N720bn loss to investors. This is also the third day of consecutive bearish trading on the exchange, which has resulted in a combined loss of N1.54tn. Wednesday’s bearish...

Equity Investors Gain N1.8trn As Market Sets New Records

Equity Investors Gain N1.8trn As Market Sets New Records   The Nigerian Exchange Limited set new records at the close of trading on Tuesday as the benchmark index, the All-Share Index rose by 3.93 per cent to 87,971.09 points, a new high. Similarly, the market capitalisation rose...

Dangote Refinery: Investors Gain N1.2trn This Week

Dangote Refinery: Investors Gain N1.2trn This Week   Equity investors in the stocks of companies under the Dangote Group have gained over 1.2tn during the first two trading sessions of this week. This marked increased appetite in the stocks of the companies listed on the Nigerian Exchange...

In One Week, Stock Market Investors Gain N2.7trn

In One Week, Stock Market Investors Gain N2.7trn The Nigerian stock market recorded an impressive start in the first trading week of 2024, with investors gaining N2.7 trillion from their investment in the Nigerian Exchange Limited, NGX. Accordingly, the benchmark index, NGX All Share Index, ASI...

Equity Investors Gain N13trn in 2023

Equity Investors Gain N13trn in 2023   The Nigerian Exchange Limited (NGX) closed with over 13tn gain for investors in the equity market. This gain nearly tripled the figure recorded in 2022, which stood at N5.619tn, after the market capitalisation closed at N27.915tn. At the close of the...