NGX: Foreign Firms Raise Stake To N71.4bn
The total foreign transactions on the Nigerian Exchange Limited (NGX) jumped by 113.94 per cent to N71.37bn (about $75.76m) in November compared to N33.36bn a month earlier.
This was revealed in the latest Domestic and Foreign Portfolio Investment Report...
Equity Investors Gain N13trn in 2023
The Nigerian Exchange Limited (NGX) closed with over 13tn gain for investors in the equity market.
This gain nearly tripled the figure recorded in 2022, which stood at N5.619tn, after the market capitalisation closed at N27.915tn.
At the close of the...
NGX: Market Rebounds as Banking Stocks Drive N166bn Gain
The Nigerian Exchange Limited (NGX) witnessed a rebound in its equities market on Tuesday, propelled by a rally in banking stocks. The market had initially started the week on a negative note, experiencing a 0.57 per...
Banks, 18 Others, Fined N125m For Late Filings
At least eight banks and 18 other listed companies have been fined N125m for failing to file their 2022 audited financial statements and quarterly reports for the first half of 2023 as required by Nigerian Exchange.
The affected...
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...
