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...

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...