Banking, Insurance Stocks Drop As Market Sheds Nearly N20bn           Equity investors in the Nigerian Exchange Limited lost N19.51bn on Monday as the market capitalisation slid down from N20.29tn to N20.27tn at the end of trading. The NGX All-Share index depreciated by 0.10 per cent as it...

Amid Dividend Announcements, Investors Gain N11.46bn             The Nigerian Exchange Limited’s equities market gained N11.46bn at the end of the week as dividend announcements renewed investors’ interest. The NGX All-Share Index and market capitalisation appreciated by 0.06 per cent and 0.05 per cent to close the week...

Capitalisation Down By N30bn As NGX Revises Gains             Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion. Specifically, at the close of...

Stock Investors Gain N25bn Amid Rise In Large, Medium-capped Stocks             Equity investors in the Nigerian Exchange Limited gained N24.92bn at the end of trading on Wednesday amid gains in large capped stocks like MTN Nigeria Plc and Guaranty Trust Holding Company Plc. The NGX All-Share index...

Stocks Extend Decline, Investors Lose N177bn       The market capitalisation of equities listed on the Nigerian Exchange Limited plunged by N176.64bn last week as the All-Share index dropped for five consecutive days. The NGX ASI declined by 0.86 per cent to 38,921.78 basis points on Friday from...

Financial Stocks Contribute N8.2bn To Total Equities’ Turnover       The financial services industry dominated in volume terms at the end of last week’s transactions on the Nigerian Exchange Limited (NGX) with 1.136 billion shares valued at N8.2 billion traded in 10,700 deals. The sector contributed 79.7 per...