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Investors Gain N8bn as Stock Market Closed Positive

Investors Gain N8bn as Stock Market Closed Positive Financial services once again led the way as the Nigerian Exchange closed positive with a marginal gain of N8bn for investors. The All-Share Index went up by 0.02 per cent higher to close at 59,014.85 index points when...

Baba Go Fast? Tinubu Excites Wary Investors with Quick Reforms

Baba Go Fast? Tinubu Excites Wary Investors with Quick Reforms Nigeria's new president, in office for less than a month, is pushing to put Africa's largest economy on a reform track that investors have eyed for decades, fuelling excitement that money could flow to a...

Stock Market Capitalisation Rises by N1.2tn

Stock Market Capitalisation Rises by N1.2tn The Nigerian stock market posted significant growth on Tuesday as market capitalisation soared by four per cent (N1.22tn) to N31.6tn. The strong rebound by the Nigerian stock market came as investors welcomed the news of the suspension of the CBN...

Investors Gain N60bn As Financial Services Lead

Investors Gain N60bn As Financial Services Lead   The financial services sector has continued its dominance of trading activities in the equity market as it cornered 71.82 per cent of stocks traded (in terms of quantity) on the Nigerian Exchange Limited in the past week. This...

NGX Trading Falls As Investors Lose N37bn

NGX Trading Falls As Investors Lose N37bn   Investors on the Nigerian Exchange on Thursday lost N37bn due to losses recorded by Stanbic IBTC holdings (-3.02 per cent), Wapic (-6.52 per cent), GlaxoSmithKline (-5.30 per cent), FCMB (-2.17 per cent) and others. Both the All-Share Index and...

NGX Retains Upswing As Investors Gain N137bn

NGX Retains Upswing As Investors Gain N137bn   The market capitalisation of the Nigerian Exchange Limited (NGX) gained N137bn at the close of trading on Tuesday, maintaining its positive trend this week. Similarly, the All-Share Index also appreciated by 0.48 per cent or 252.06 base points to...