Browsing: NGX

Katsina State Government says it collected N4.08 billion as Internally Generated Revenue (IGR) in the first

Nigerian big banks market value settled at N4.4 trillion on Friday amidst sell pressure in the local exchange. The combined valuation of these Nigerian top lenders was a result of mixed share price movements in the last five trading sessions.

The Nigerian Exchange, NGX, declined by about N44 billion over the last five trading sessions, according to transactions details obtained from the local bourse.

Ecobank, Oando Drive Midday Gain in Nigerian Exchange

Treasury bills yield crashed by 48 basis points in May due to increase buying interest spurred by rates repricing in the primary market. The Central Bank of Nigeria (CBN) has made investment in Treasury bills lucrative for some individuals, corporates and especially deposit money banks.

The equities market is currently trading negative due to selloffs in key stocks like Oando, Fidelity Bank and Transcorp Plc among other decliners.

Airtel Africa Plc.’s market valuation or capitalisation was unchanged despite large transactions conducted on the telecommunications stock.

Equities investors lost about N103 billion on Monday as Nigerian Exchange (NGX) opened the week negative. The local bourse halted last session’s winning streak as investors lost N102.55 billion, following sell-offs in Tier-one banking stocks and cautious trading.

Federal Government (FG) is targeting higher contribution from solid minerals as part of its plan to grow the economy to $10 trillion, driven by ongoing reforms.

Nigerian Exchange Climbs by N995bn over 5-Day Rallies The Nigerian Exchange rose as equity investors gained approximately N995 billion in…