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NGX Slams N11.7m Fine On Four Companies Over Default Filings

NGX Slams N11.7m Fine On Four Companies Over Default Filings   For failing to file their financial statement after the regulatory due date, the Nigerian Exchange Limited (NGX) has fined about four companies listed on its main board. According to the Exchange’s X-compliance report, the companies were...

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...

Fed Govt, Others List N318.52bn Securities On NGX

Fed Govt, Others List N318.52bn Securities On NGX   The Nigerian Exchange (NGX) recorded new listings of about N318.52 billion in the first quarter. The new listings included equities, fixed income, mutual funds and derivatives. The X-Compliance Report of the NGX, which tracks activities at the stock...

NGX Records N318.5bn Of Listings In Q1, 2023

NGX Records N318.5bn Of Listings In Q1, 2023   The Nigerian Exchange Limited (NGX) has disclosed that the Exchange recorded N318.52bn of listings across its equities, fixed income, mutual funds and derivatives categories. According to the X-Compliance report, a transparency initiative of NGX designed to maintain market...

Stock Market Depreciates By N341bn Amid Profit-taking

Stock Market Depreciates By N341bn Amid Profit-taking   The profit-taking continued to dominate the stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down by N341 billion amid sustained negative investors’ sentiment. The NGX All Share Index (ASI) decreased by 626.14 basis points or 1.16...

Market Offences: NGX Fines 16 Firms N779m In Three Years

Market Offences: NGX Fines 16 Firms N779m In Three Years   The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years. Specifically, the NGX imposed the sum of N779.5m fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and...