Browsing: Market

The naira strengthened against the US dollar across forex markets on Thursday ….

Equity investors lost N478 billion on the Nigerian Exchange (NGX) due to sustained bearish activity. The stock market closed on a negative note, with key performance indicators mixed due to new shares being listed.  The All-Share Index (ASI) declined by -0.35%, while the market capitalisation plunged by -0.30%.

Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules The market regulator, the Nigerian Exchange (NGX), has suspended several…

The Nigerian Exchange (NGX) All-share index (ASI) climbed as BUA Cement, FirstHoldco, Zenith Bank, among others, rode a positive wave, boosting the local bourse’s market capitalisation.

The money market rates closed on a mixed note, as deposit money banks’ placements at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window were offset by some operators borrowing.

With a market cap above N131 trillion, equity investors on the Nigerian Exchange (NGX) gained about N392 billion on Friday, driven by Guinness Nigeria, Lafarge Africa, and International Breweries.

Nigerian T-Bills Demand Surges Amid Disinflation, Rates Cut The average yield on Nigerian Treasury bills slumped further, down 14 basis…

Market Wrap: NGX Shrinks on Pre-Earnings Stock Selloffs The Nigerian Exchange (NGX) market capitalisation shrank by about N157 billion week-on-week…

With a market cap of N129 trillion, the Nigerian Exchange (NGX) sustained its bullish run on Tuesday, as investors gained N687 billion amid continued buying interest in key equities.

The Nigerian equity market has crossed a defining psychological and structural milestone. The NGX All-Share Index climbed to 201,000 points, decisively breaching the long-anticipated 200,000 threshold and establishing a fresh all-time high on the Nigerian Exchange Limited.