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Equity Market Rebounds As Investors Gain N15bn

Equity Market Rebounds As Investors Gain N15bn   The Nigerian Exchange Limited (NGX) saw mixed sentiments on the trading floor this past week, which resulted in a gain of N15bn for investors. Trading activities opened on a positive note at the start of the week but dipped...

Drop in ETF Capitalization Caused by Foreign Investors’ Exit, Says NGX boss

Drop in ETF Capitalization Caused by Foreign Investors' Exit, Says NGX boss The Chief Executive Officer of the Nigerian Exchange Limited, Mr Temi Popoola, has revealed that the exit of foreign investors from the capital market led to a depreciation in the market capitalisation of...

Stock Investors Lose N674bn In Four-day Bearish Trading

Stock Investors Lose N674bn In Four-day Bearish Trading   Investors on the Nigerian Exchange Limited last week lost N674bn after four days of trading. The market opened for four trading days last week as the Federal Government of Nigeria declared Friday and Monday (today) as Public Holidays...

139 Investors to Commercialise Gas Flares – FG

139 Investors to Commercialise Gas Flares - FG The Federal Government said that a total of 139 investors had shown readiness to monetise the gas flares from the 48 flare sites across the country. It disclosed this at the 2022 Nigerian Gas Flare Commercialisation Programme Bidders...

Investors Lose N26bn On Profit-taking Activities

Investors Lose N26bn On Profit-taking Activities   The equities market closed the first trading week of the year on a negative zone with investors recording N26 billion losses. The development is contrary to analysts’ prediction that the bullish trend the market took towards ended 2022 would be...

Investors Raise Stakes On Equities By 34.6% To N2.08trn

Investors Raise Stakes On Equities By 34.6% To N2.08trn   Investors have staked about N2.08 trillion on Nigerian equities in the past 10 months, an increase of 34.6 per cent over the corresponding period of 2021. Trading data at the Nigerian Exchange (NGX) for the 10-month period...