Browsing: NGX

Oando Plc, an energy solution provider, has posted a turnover of N3.4 trillion in its 2023 full year-end unaudited financials. The figure represents an increase of 71 per cent when compared to N1.9 trillion posted in 2022.

Equities investors saw about N13.8 billion in gain from bucket of stocks traded on the Nigerian Exchange (NGX) of Friday. Due to sustained rally spanning five

Access Bank controls 17% of Nigerian banking assets in 2023, details from latest ratings note by Fitch showed. In its latest credit rating update, Fitch Ratings said it has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a positive outlook.

The average yield on Nigerian Treasury bills rose in the secondary market as portfolio holders adjusted their positions downward. The risk off sentiment culminated from the need for liquidity while inflation continues to damage market returns.The average yield on Nigerian Treasury bills rose in the secondary market as portfolio holders adjusted their positions downward. The risk off sentiment culminated from the need for liquidity while inflation continues to damage market returns.

Dangote Refinery’s senior executive has disclosed the company’s intention to pursue a dual public listing on the Nigerian Exchanges (NGX) and the London Stock Exchange (LSE).

Equities investors gain N294 billion from the stock market on Tuesday due to sustained interest in medium and large companies. As a result, market capitalisation, which began at N55.359 trillion, increased by N294 billion to close at N55.653 trillion.

The total transactions by foreign investors on the Nigerian Exchange Ltd. (NGX) increased by 28.19 per cent between March and April. The NGX revealed this in its Domestic and Foreign Portfolio Investment Report, made available to the newsmen in Lagos.

The total transactions by foreign investors on the Nigerian Exchange Ltd. (NGX) increased by 28.19 per cent between March and April.

Equities investors gained about N142 billion on Monday in the local exchange as stocks rally. Data from the Nigerian Exchange showed that key performance indicators improved following fresh bargain hunting on fat or high valuation stocks.

The market value of Ecobank Transnational Inc. Plc. (ETI) fell by about 10% to N397 billion on Friday due to large volume selloffs on the floor of the Nigerian Exchange. In the first three months of 2024, earnings results revealed that the Pan African lenders earned $0.28 per share outstanding, as opposed to $0.26 on shares deployed for operation in the corresponding period in 2023.