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...

Oscar Onyema Resigns From NGX Board   The Group Chief Executive Officer of the Nigerian Exchange Group Plc, Mr Oscar Onyema, has resigned as a non-executive director on the board of the Nigerian Exchange Limited. The NGX Exchange made this known in a statement on Thursday after...

Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC       More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission. The SEC data...

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...

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...

Investors Withdraw N339.06bn From Stock Market In Q1, 2021       Foreign and domestic investors pulled out a total of N339.06bn from the Nigerian stock market in the first three months of this year, the latest data from the Nigerian Exchange Limited have shown. The data also showed...