Equities Market Losses N476bn In A Week   The market capitalisation of the Nigerian Exchange Limited dropped below N30tn last week, weeks after it crossed the mark, leading to a loss of N476bn for investors. This bearish trend started on Monday with investors losing N3bn to close...

Nigeria Records First Foreign Portfolio Surplus In Five Years   Nigeria’s foreign portfolio investments (FPIs) status has witnessed a major turnaround with yearly inflows outweighing outflows for the first time in five years. Latest annual trading data on FPI showed that foreign investors bought more Nigerian stocks...

Investors Lose N1bn As Equities Market Dips   The Nigerian Exchange Limited dipped slightly on Tuesday as investors lost about N1bn at the end of trading. The All-Share Index depreciated to 55.603.94 on Tuesday from Monday’s record of 55,605.57. The Market capitalisation also dipped to N30.290tn from...

Stock Market Gains N62bn As Investors’ Sentiment Persist The Nigerian equities market ended last week positively, gaining N62 billion in market capitalisation amid weak investors sentiment trading in some highly capitalised stocks. The likes of MTN Nigeria Communication Plc rose by 1.7 per cent Wee-on-Week (WoW)...

NGX to Launch USSD Integrated Payment System The Nigerian Exchange Limited has announced plans to launch an unstructured supplementary service data to unlock Africa’s capital markets payment system through partnerships with banks and telecommunication companies. The Chief Executive Officer, NGX, Temi popoola, while speaking during the...

Stock Investors Gain N44.77bn   Market activities at the close of the week ended moderately bullish as market capitalisation hit N28.647tn as of January 19, against N28.602tn recorded as of January 13, 2023. Similarly, the NGX All-Share Index increased by 0.16 per cent to close the week...