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Dangote Sugar Refinery Leads Top Performers as Nigerian Stock Market Gains by 1.47%

Dangote Sugar Refinery Leads Top Performers as Nigerian Stock Market Gains by 1.47% The NGX closed at 67,527.19 points on Monday, up by 1.47% from 66,548.99 points recorded on the previous day's business. This is the highest level of gains since June 13, 2023, when the...

Again, Nigerian Stock Investors Lose N120bn

Again, Nigerian Stock Investors Lose N120bn Trading activities on the Nigerian stock market yesterday declined by N120 billion to close negative extending the previous day’s losses. The All-Share Index decreased by 222.65 absolute points, representing a dip of 0.48 per cent to close at 46,543.51 points....

Foreign Portfolio Investments Declines By 40% To Five-year Low

Foreign Portfolio Investments Declines By 40% To Five-year Low   Foreign portfolio investments in Nigerian stock market dropped by 40.4 per cent in 2021 to its lowest level in five years as the active participation of foreign investors in Nigerian market declined by 11 percentage points...

Foreign Investors Raise Nigerian Investments By 74%

Foreign Investors Raise Nigerian Investments By 74%   Foreign portfolio investors have increased their participation in the Nigerian stock market by almost three-quarters as steady corporate earnings and improving foreign exchange (forex) Liquidity continued to sustain rally by Nigerian equities. Latest trading data on foreign portfolio investments...

Stocks Cut Losses As Market Capitalisation Rises To N20.19trn

Stocks Cut Losses As Market Capitalisation Rises To N20.19trn       The Nigerian stock market reversed some of its recent losses last week as the market capitalisation rose above the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.23 per cent to close...

Foreign Stock Investors Withdraw N99.94bn In Four Months

Foreign Stock Investors Withdraw N99.94bn In Four Months       A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market in the first four months of this year as foreign involvement plunged to a four-year low in April. The foreign portfolio investors injected...