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The Nigerian Exchange (NGX) Ltd. has raised concerns over sharp and unusual price movements in shares of some listed companies in recent trading sessions.
The Nigerian naira falls for the fourth consecutive trading session in the foreign exchange market, as the Central Bank’s large US dollar purchases signal a move to curb a strong local currency.
Nigerian Exchange (NGX) market capitalisation inched near N126 trillion on Monday, as equities investors gained more than N791 billion in an ongoing bargain hunting.
NGX Suspends Zichis after 772% Price Appreciation The Nigerian Exchange Limited (NGX) has suspended trading in Zichis Agro-Allied Industries Plc…
Tier-1 banks: GTCO, Zenith, First Holdco, UBA, and Access Plc added N778 billion to their combined market value (MV) in the Nigerian stock market as investors stepped up actions.
The Debt Management Office (DMO) is set to open N800 billion worth of Federal Government of Nigeria (FGN) bonds for subscription on Monday.
Oando Plc has announced a plan to begin the second tranche of its share distribution to qualified shareholders, the energy company told the Nigerian Exchange.
Nigerian treasury bills (NTB) yield fell in the secondary market after more than half of the total subscription at the midweek auction was rejected by the authority.
Money market rates moved in mixed directions as liquidity level in the financial system declined following the debit for Nigerian Treasury bills (NTB) allotment to investors at the midweek auction.
With a move to internalise lease payments, MTN said it has agreed with IHS to acquire the remaining shares of the company not already owned via an all-cash transaction.