Equity Market Gains by N102bn Bargain hunting activities on the Nigerian Exchange Limited drove up the market capitalisation by N102bn to close at N28.542tn at the end of trading on Tuesday. The All-Share Index of the local bourse which had opened on a positive note this...

Foreign Investors Decline Holdings in Nigerian Stocks by 58% Foreign portfolio investors (FPI) scaled down their investments in Nigerian’s stock market to N53.71 billion in the first quarter of 2023, Q1’23, following concerns around rising socio-political risks, increased naira volatility among others. This represents a 58.3...

NGX Group Earns N412m In Q1, 2023   For the period ended March 31, 2023, the Nigerian Exchange Group Plc (NGX Group) has achieved a Profit Before income Tax (PBT) of ₦412.2 million against ₦339.2 million recorded in the corresponding period in 2022. Specifically, the Group’s unaudited...

In One Week, Stock Investors Record N13bn Loss   The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria and continued with their profit-taking. At the...

Market Rebounds, Investors Gain N10bn After Bearish Run   The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors. The equities market capitalisation appreciated by 0.03 per cent to N29.909tn, the same percentage as the All...

Market Capitalisation Falls, Stocks Shed N3bn - NGX The Nigerian Exchange Limited, market capitalisation shed N3bn on Monday at the close of trading. This was also as the All-Share Index dropped by 6.14 points representing a decrease of 0.011 per cent to close at 55, 788.37. At...