Stock Market Slumps, Investors Lose N847bn Investors lost N847 billion in the stock market last week due to the negative impact of profit taking and selloffs on the Nigerian Exchange Limited. Consequently, the NGX market capitalisation, which represents the total value of investment on the Exchange,...

New Listing on NGX Boosts Market Cap by N105bn   The new listing of 2,418,099,300 ordinary shares of 50 Kobo each per share of Notore Chemical Industries Plc on the daily official list of the Nigerian Exchange(NGX) boosted the market capitalisation of the local bourse to...

Investors Gain N2.1trn in Stock market The stock market sustained bullish trend last week as investors on the Nigerian Exchange Limited, NGX, gained N2.1trillion. Though the market recorded mixed sentiment, the gains outweighed the losses as the NGX market capitalisation, which represents the total value of...

Nigeria Stock Market Emerges Africa’s Best with 33.71% Gain With a 33.71 percent gain in two months to February 29, Nigeria’s stock market has emerged as Africa’s best-performing stock market. After long periods of downturn, Nigeria’s bold economic reforms lifted equities market capitalisation by N13.79 trillion...

Nigeria Stock Market Emerges Africa’s Best with 33.71% Gain With a 33.71 percent gain in two months to February 29, Nigeria’s stock market has emerged as Africa’s best-performing stock market. After long periods of downturn, Nigeria’s bold economic reforms lifted equities market capitalisation by N13.79 trillion...

More Hardship For Nigerians As Naira Hits Record Lows, Stocks Plunge   The Nigerian naira fell to record lows on both the official and unofficial markets on Monday, while stocks posted their biggest one-day fall in more than a year, as jittery investors sold off local...