Oil, Gas Stocks Gain N355.8bn In Four Months   The unprecedented bull run recorded in the country’s stock market that resulted in over an N5 trillion increase in market capitalisation, coupled with the surge in global crude oil prices, impacted positively the oil and gas stocks...

NGX-listed Firms Remit N215.9bn Tax To FIRS, Others In Q1   As a result of their expansion in Nigeria and other African countries, the likes of Dangote Cement Plc, MTN Nigeria Communication, Seplat Energy Plc, Guaranty Trust Holding Company Plc (GTCO) and 20 other companies remitted...

NGX Market Capitalisation Rises By N1.45trn     As the stock market of the Nigerian Exchange Limited (NGX) appreciated by N1.45trillion in April, a total of 17 fundamental companies contributed about 98 per cent to market capitalisation in the month under review. Analysis of trading data showed that...

NGX Launches First Exchange-traded Derivatives Market In West Africa   The Nigerian Exchange Limited (NGX) has launched West Africa’s first Exchange Traded Derivatives Market with Equity Index Futures Contracts. It said in a statement on Friday that this was consistent with the Exchange’s commitment to develop the Nigerian...

Indices Rise By N36bn After Renewed Bargain Hunting In 18 Stocks   Following renewed bargain hunting in 18 stocks, the Nigerian Exchange Limited (NGX) reversed previous session losses to close upbeat, yesterday, as market capitalisation increased by N1 billion. The all-share index (ASI) inched higher by...

Stock Market Begins First Trading Week With N32bn Decline   The stock market of the Nigerian Exchange Limited (NGX) commenced March dropping by N32billion on investors’ profit-taking in large-mid capitalised stocks. The domestic market had opened the week on a strong footing, the positive momentum lost steam...