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...

Stock Investors Record N446bn Gain   Stock investors on the Nigerian Exchange ended the week with a gain of N446bn following sustained buying interest in the local bourse ahead of the 2022 fourth quarter financial year earnings result. The Nigerian bourse at the close of trading last...

Bank Stocks Decline By N141bn   Despite the Nigerian capital market closing the year on a bullish trend, banking sector performance ended the year out of the loop as five banks saw their value downed by 5.5 per cent from N2.57tn in 2021 to N2.43tn at...

Stock Investors Gained N5.6trn, Capitalisation Hit N28trn In 2022   Investors in the Nigerian Exchange gained N5.618tn between January 4, 2022 when the market opened and the close of business on December 30, 2022. Despite the global economic risk, the Nigerian stock market’s capitalisation grew from N22.297tn...

Investors Raise Stakes On Equities By 34.6% To N2.08trn   Investors have staked about N2.08 trillion on Nigerian equities in the past 10 months, an increase of 34.6 per cent over the corresponding period of 2021. Trading data at the Nigerian Exchange (NGX) for the 10-month period...