Stock Market Sheds N24.5bn As 32 Firms Record Losses       The Nigerian stock market lost N24.49bn last week as 32 firms saw their share prices decline at the end of trading. The Nigerian Exchange Limited All-Share Index dipped by 0.12 per cent to close at 37,947.18 basis...

Stock Market Gains N7.97bn, Ends Five-day Losing Streak     Investors in the Nigerian Exchange Limited gained N7.97bn at the end of trading on Wednesday as equities ended a five-day losing streak. The NGX All-Share Index rose slightly by 0.04 per cent from 37,857.24 basis points on Tuesday...

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn       The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis...

Dangote Cement Issues N50bn Bonds For Projects Expansion       Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the company’s new N300 billion Multi-Instrument Issuance Programme. The company said on Wednesday that the...

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...