Author: Ogochukwu Ndubuisi

Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

Banking Names Drive Intraday Gain in Equities Market

MarketNews

Banking Names Drive Intraday Gain in Equities Market Banking names are trending positively in the equities market at noon. With strong buying momentum, the banking index is trending positively during intraday trading on the Nigerian Exchange (NGX) platform. Data from the local bourse showed there is an ongoing positioning in Tier-1 banks stock, with some mild buys in smaller names. The market has been on a downward trend for the past six trading sessions due to weak investors sentiments amidst earnings releases. At midday, the NGX All Share Index witnessed a positive trajectory, reflecting a gain of 0.03%, Alpha Morgan…

Read More

Access Holdings Grows Total Assets by 54% to N41trn in Q3

MarketNews

Access Holdings Grows Total Assets by 54% to N41trn in Q3 Access Holdings Plc grew total asset by 54% to N41. 1 trillion at the end of the third quarter of the financial year 2024, it unaudited report for the period showed. The financial results highlight the group’s continued growth momentum, emphasising resilience and sustainable performance as the Group works to deliver solid returns for its shareholders, it said in an official statement. Gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from N1.6 trillion in 2023 to N3.4 trillion in 2024. Interest income, a major driver of…

Read More

Banking Names, Oil Stocks Drag NGX Index Down

News

Banking Names, Oil Stocks Drag NGX Index Down The Nigerian Exchange (NGX) index dipped during the intraday trading session as investors opened the trading session in a negative mood. Trading records revealed that the local bourse has started to bleed again in the new week. NGX lost N1.22 trillion over five trading sessions due to investors picking profit on stocks that recent reported positive price appreciation. Again, investors have started to sell down stocks as part of portfolio rebalancing. At mid-day, the NGX All Share Index trended downward, reflecting a loss of -0.54%, Alpha Morgan Capital Limited. Stockbrokers said the…

Read More