Stock Market Declines By N1.48trn In Q3, 2022   The Nigerian stock market lost N1.48tn in the third quarter (Q3) of 2022 as investors’ shifted investment to fixed market instruments. In the period under review, the stock market witnessed an increase in interest rate to 15.5 per...

Domestic Stock Sheds N15bn In Bearish Trading   The domestic stock market yesterday closed on a negative note, with market capitalisation shedding N15 billion or 0.56 per cent to close at N26.517 trillion as against N26.532 trillion recorded the previous day. Also, the All-Share Index (ASI) lost...

Foreign Investors Deepen Interest For Nigerian Stocks   Foreign portfolio investors’ appetite for Nigerian equities is increasing with more transactions on the purchase side than sell side. The latest foreign portfolio investment (FPI) report showed that FPI inflows outweighed outflows by 27 per cent at the last...

Stock Market: New Rule Threatens Investors N1trn Funds   A newly enhanced customer identification framework for the Nigerian capital market may trap not less than N1 trillion in investors’ accounts until such investors are able to fully comply with the enhanced three-layered identification framework. The new amendments...

Investors Gain N197bn As 43 Firms Record Price Appreciation   Investors in the Nigerian stock market saw the worth of their shares rise by N197bn last week as 43 firms recorded price appreciation. The NGX All-Share Index of the Nigerian Exchange Limited and market capitalisation appreciated by...

Market Records N15.3bn Turnover As Banks, Insurance Stocks Lead   High volume transactions in the stocks of some banks and insurance companies, last week, lifted the volume of shares traded as 914.4 million shares valued at N15.3 billion were exchanged in 18,021 deals. The turnover was higher...