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...
Shares In UBA, GTCO, Others Lift Market Turnover By N14.8bn
Heavy transactions in the shares of United Bank for Africa (UBA), Guaranty Trust Holding Company Plc (GTCO) and Access Holdings Plc lifted the volume of shares traded last week, as a turnover of 917.2 million...
Stock Market Rises By N355bn As Airtel Africa, Others Gain
Despite the shortened trading week due to two-day public holidays, the stock market of the Nigerian Exchange Limited (NGX) halted its profit-taking streak by investors as Airtel Africa Plc added 10 per cent or N173.20...