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FG Generates N799.10bn in Q1, Missed Oil Revenue Target – CBN

FG Generates N799.10bn in Q1, Missed Oil Revenue Target - CBN The Central Bank of Nigeria (CBN) has revealed that the country generated a sum of N799.10 billion in crude oil sales in the first quarter of the year (Q1 2022). This was however far less...

Stock Investors Lose N571bn In A Week

Stock Investors Lose N571bn In A Week   Investors lost N571bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 2.09 per cent to close at...

DMO Lists N250bn Sukuk On NGX

DMO Lists N250bn Sukuk On NGX   The Debt Management Office on Tuesday listed the N250bn, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031 on Nigerian Exchange Limited and FMDQ Securities Exchange. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set...

NGX to Connect SMEs with Investors for Economic Growth  

NGX to Connect SMEs with Investors for Economic Growth   The Nigerian Exchange Limited has stated its commitment to providing small and medium enterprises with access to investors seeking viable investments. The Chief Executive Officer, NGX, Temi Popoola, revealed this during his keynote address at the 2022...

In One Week, Stock Investors Lose N767bn

In One Week, Stock Investors Lose N767bn   Investors lost N767bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The market opened for four trading days last week as the Federal Government declared Monday as a public holiday to commemorate...

Stock Investors Net N598bn Capital Gains Amid Profit-taking

Stock Investors Net N598bn Capital Gains Amid Profit-taking   Investors in Nigerian equities closed weekend with net capital gains of N598 billion despite the onset of a considerable profit-taking. Investors sought to monetise substantial capital gains built up over weeks of successive rally but gains by large-cap...