Gulf Brokers, a stockbroking firm, said it has expanded its services to Nigeria and made a commitment to provide a variety of services there, according to a statement released on Tuesday in Lagos by the company’s financial analyst, Mr. KP Syam. Syam said that the business just included Nigeria in its array of services, which Read More…
Due to a 0.01 percent decline in market indicators, Monday’s transactions on the Nigerian stock market ended negatively. The market capitalization decreased by N3 billion to close at N30.391 trillion, according to the News Agency of Nigeria (NAN), from an opening value of N30.394 trillion. As compared to Friday’s closing value of 55,794.51, the All-Share Read More…
The performance indexes fell by 0.48 per cent on Tuesday as the equity market reversed the previous day’s upward trend. From N28.155 trillion traded the day before to N28.021 trillion at closure, the market capitalization decreased by N134 billion, or 0.48 per cent. The All-Share Index (ASI) also decreased by 246.48 points, or 0.48 per Read More…
The Nigerian Exchange (NGX) Ltd. closed the week on a bullish note Friday, with market capitalisation gaining N32 billion or 0.12 per cent to close at N26. 451 trillion against N26.419 trillion on Thursday. Also, the All-Share Index went up by 59.33 basis points or 0.12 per cent to close at 49, 024.16 compared with Read More…
The Nigerian equities market halted its previous positive outing to close on a negative note for the first time in the year due to selling pressure on some blue chips. Specifically, the market capitalisation on Tuesday shed N20 billion to close at N23.630 trillion from N23.650 trillion achieved on Monday. Also, the All-Share Index which Read More…
Lagos, Jan. 7, 2022 (NAN) The bulls sustained trading on the nation’s bourse on Friday with the market capitalisation extending growth by N130 billion. Specifically, the market capitalisation which opened at N23.497 trillion rose by N130 billion to close at N23.627 trillion. Also, the All-Share Index improved by 246.48 points or 0.57 per cent to Read More…
The Nigerian Exchange Limited (NGX), has announced the resignation of Mr Oscar Onyema, as Non-Executive Director, ahead of NGX Group’s Friday listing. The Chairman, NGX, Mr Abubakar Mahmoud, said this in a statement on Thursday in Lagos. He said that the resignation was with immediate effect. Onyema’s resignation comes on the back of the imminent Read More…
Key indices of the Nigerian Exchange (NGX) dropped further by 0.81 per cent on Thursday to extend bearish transactions to three consecutive trading sessions. Consequently, the All-Share Index lost 319.08 points or 0.81 per cent to close at 39,114.73 against 39,433.81 on Wednesday. Also, the market capitalisation shed N167 billion or 0.81 per cent to Read More…
The nation’s bourse on Wednesday overcame its negative posture growing by N128 billion following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation. Specifically, the market capitalisation rose by N128 billion or 0.63 per cent to close at N20.369 trillion against N20.241 trillion recorded on Tuesday. Similarly, the All-Share Read More…
Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks. Consequently, the All-Share Index on Monday inched higher by 131.82 points or 0.33 per cent to 40,571.67 from 40,439.85 recorded on Friday. Accordingly, the month-to-date Read More…