Stock Investors Lose N24bn As Lending Rate Rises   The Nigerian stock market on Tuesday reacted sharply to the hike in interest rate as market capitalisation swiftly fell against the gain recorded on Monday. As a result, stock investors lost N24bn as they sold off Geregu Power...

Stock Market Losses N47bn as Trading Closes Bearish The Nigerian stock market closed bearish on Wednesday with a loss of N47bn, driven by profit-taking activities in Dangote Cement Plc and 20 other companies. The All-Share Index depreciated by 85.80 absolute points, representing a decrease of 0.16...

Despite Foreign Investors’ Exit, Stock Market Gained N5.62trn In 2022   Despite the economic challenges faced by the country in 2022, the stock market arm of the Nigerian Exchange Group (NGX) remained resilient as it gained N5.62 trillion in the past year. In terms of value, the...

Stock Market Maintains Positive Trend, Rises By N145bn   For the third consecutive session, the stock market of the Nigerian Exchange Limited (NGX) yesterday maintained its bull run, as the market capitalisation gained N145bn. Meanwhile, at the end of yesterday’s Monetary Policy Committee (MPC) meeting, members voted...

Stock Investors Lose N1.7trn In A Week   Investors lost N1.7tn at the end of trading on the floor of the Nigerian Exchange Limited last week, following major dips in Airtel Africa Plc, Beta Glass Plc, and NEM Insurance Plc stocks. The market opened the trading week...

Investors Lose N902bn In Four Days   Investors at the Nigerian equities market closed weekend with a net loss of N901.98 billion as increased selloffs forced most stocks to close at lower prices. Benchmark indices for Nigerian equities closed weekend with average decline of 3.41 per cent,...