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Stock Investors Lose N600bn, Market Cap Drops Below N20trn

Stock Investors Lose N600bn, Market Cap Drops Below N20trn       Investors in the Nigerian stock market lost N600bn last week as the market capitalisation of equities fell below the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalisation declined by 2.93 per cent to close...

NGX Stimulating Economic Growth, Helping Businesses – Buhari

NGX Stimulating Economic Growth, Helping Businesses - Buhari       Following the successful demutualisation of the Nigerian Stock Exchange, President Muhammadu Buhari, has said the Exchange is stimulating economic growth in the country and helping businesses and individuals to save and raise capital. The demutualisation of the NSE...

Stock Market Declines As 14 Firms Record Losses

Stock Market Declines As 14 Firms Record Losses       The stock market closed on a negative note on Monday as 14 companies saw their share prices decline at the end of trading on the Nigerian Exchange Limited. The NGX All-Share Index fell by 0.44 per cent to...

Investors Gain N150bn As Nigerian Stocks Cut Losses

Investors Gain N150bn As Nigerian Stocks Cut Losses       Investors gained N150bn at the close of trading on the Nigerian Exchange Limited last week as stocks pared their losses. The NGX All-Share Index and market capitalisation appreciated by 0.72 per cent to close the week at 39,481.89...

Dangote Cement, 20 Others Lift Capitalisation By N36bn

Dangote Cement, 20 Others Lift Capitalisation By N36bn       Trading activities on the Nigerian Exchange Limited (NGX) extended bullish run to two consecutive trading sessions yesterday, as investors’ wealth appreciated by N36 billion. Yesterday’s improved performance was spurred by investors’ sustained appetite in the shares of Dangote...

Foreign Investment In Nigerian Stocks Drop To N60.11bn

Foreign Investment In Nigerian Stocks Drop To N60.11bn     Foreign portfolio investment in the Nigerian stock market dropped by eight per cent in the first quarter of 2021 to N60.11bn from N65.27bn in the same period of 2020. Foreign investors injected N16.73bn into the stock market in...