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Tag: N25 Billion

Banking, Industrial Stocks Drive Gains As Investors Earn N25bn

Banking, Industrial Stocks Drive Gains As Investors Earn N25bn   The Nigerian Exchange Limited equities market gained N25.29bn in capitalisation at the end of trading on Wednesday as the banking and industrial indices rose. The NGX All-Share index and the market capitalisation of stocks both increased by...

Stock Investors Gain N25bn Amid Rise In Large, Medium-capped Stocks

Stock Investors Gain N25bn Amid Rise In Large, Medium-capped Stocks             Equity investors in the Nigerian Exchange Limited gained N24.92bn at the end of trading on Wednesday amid gains in large capped stocks like MTN Nigeria Plc and Guaranty Trust Holding Company Plc. The NGX All-Share index...

Lagos State Govt, FMDQ Sign MoU On N25bn Green Bond

Lagos State Govt, FMDQ Sign MoU On N25bn Green Bond           Governor Babajide Sanwo-Olu has signed a Memorandum of Understanding (MoU) on Green Bond Market with FMDQ Group and Financial Sector Deepening (FSD) Africa, which are the programme’s implementing partners on the proposed N25 Billion (over...

Investors Lose N25bn As Stock Market Extends Decline

Investors Lose N25bn As Stock Market Extends Decline       Equities on the Nigerian Exchange Limited posted a loss of N25.21bn in market capitalisation at the end of trading on Monday. The NGX All-Share Index depreciated by 0.12 per cent as it closed at N39,434.69 basis points from...

Stock Market Decline By N25bn On Profit-taking

Stock Market Decline By N25bn On Profit-taking       The Nigerian equity market, on Thursday, returned to negative trajectory as investors continued to take profits to increase capital gains. The Nigerian Stock Exchange All-Share Index declined by 0.12 per cent as bargain hunters continued to take profits from...

Lagos State Govt Pays Over N25bn As Retirement Benefits

Lagos State Govt Pays Over N25bn As Retirement Benefits       Governor Babajide Sanwo-olu of Lagos State on Thursday said that his administration had paid over N25 billion into the Retirement Savings Account (RSA) of retirees of the state since he came on board 18 months ago. Sanwo-olu,...