Holiday: Trading Resumes with Bearish Trend as Investors Lose N47bn Investors lost about N47bn on Wednesday when the Nigerian Exchange resumed from the two days Eid al-Fitr holiday. The All-Share Index and market capitalisation declined by 0.08 per cent to settle at 99,840.95 points and N56.48tn,...

Equity Market Sustains Bullish Trend as Investors Gain N246bn The equity market extended its rally to its third consecutive day as investors gained about N246bn on Wednesday, buoyed by an appreciation by Abbey Mortgage Bank, National Salt Company, First City Monument Bank and 28 other...

Naira Recovers, Exchanges 1,459.02/$ The naira on Wednesday recovered to 1,4590.02 per dollar after depreciating for one week at the official and unofficial foreign exchange (FX) markets. After trading on Wednesday, the naira appreciated by 4.21 percent as the dollar was quoted at N1,459.02, stronger than...

FG Lists N4.21bn Savings Bonds on NGX The Federal Government has listed its April 2024 Savings Bonds valued at N4.21bn on the Nigerian Exchange Limited. This was disclosed in the market bulletin signed by the Head, Issuers Regulation Department of NGX, Godstime Iwenekhai. The bulletin said, “Trading...

Nigerian Equities Open With N304bn Loss   Nigerian equities opened this week with a continuation of bearish sentiment as investors sought to lock in gains into fixed income securities. Benchmark indices at the Nigerian Exchange (NGX) indicated average decline of 0.53 per cent, equivalent to net capital...

Investors Loss N24.8bn as Trading Falls Bears emerged in the domestic bourse as the market opened the week’s trading in the red region Tuesday with the Nigeria Exchange ( NGX) All-Share Index shed 4 basis points to close the day, reaching 104,518.14 points compared to...