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...

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

Investors Lose N340bn On NGX In A Single Day       Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa. Specifically, the market capitalisation, which opened at N20.409 trillion,...

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...

Investors Gain N230bn As Stock Market Rises Further       Investors gained N230bn last week as the Nigerian stock market saw more equities record price appreciation. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.11 per cent to close the week at 39,156.28 and N20.41tn...

Equities Rebound With N102bn Gain       Nigerian equities rode on the back of renewed bargain-hunting to a significant rebound yesterday, rounding up N102 billion in net capital gains. Benchmark indices at the Nigerian Exchange (NGX) Limited showed average return of 0.50 per cent yesterday, representing net capital...