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Tag: NGX

Equity market retail participation hits 35% in September - NGX
Economy featured

ICAN, NGX partner to improve market regulation, protect investors

NGX Regulation Limited signed a Memorandum of Understanding with the Institute of Chartered Accountants of Nigeria yesterday in Lagos as part of its efforts to further improve the efficacy of regulation and investor protection in the Nigerian capital market. The Chief Executive Officer, of NGX RegCo, Ms. Tinuade Awe, stressed during the signing ceremony held at the […]

Investors make N182bn in one week
Economy

NGX emerges best performing banking index, gains 9.82%

With a gain of 9.82%, the banking index ended the week on a high note to take the top spot among sectoral indices. The market capitalization and NGX All-Share Index both increased by 3.40% to end the week at 63,040.41 and N34.326 trillion, respectively. All other indices also ended higher, with the exception of the […]

Investors make N182bn in one week
Business

NGX 30 index drops Wema Bank, Custodian Investment

Wema Bank Plc and Custodian Investment Plc were dropped from the NGX 30 as a result of the 2022 market index review. The NGX released a statement on the findings of its half-year market index review for the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, […]

Investors make N182bn in one week
Economy

Local unlisted securities gain 1.86% as market cap hits N1.1tn

The Nigerian Exchange Limited appears to be moving quickly as some local unlisted securities have gained 1.86% as the market cap reached N1.1 trillion According to The Times, due to continued bargain-hunting brought on by restored interest in local equities by both domestic and foreign investors, the stock market increased by 1.65% on Friday. The […]

VFD Group Plc gets approval to list shares
News

VFD Group reveals intention to list on NGX

VFD Group Plc has announced its intention to list on the Nigerian Exchange Group. According to Nairametrics, the company will be able to strengthen its financial situation, increase its visibility, and obtain access to the public equity markets thanks to this strategic decision. VFD Group Plc is a leading proprietary investment company that has a […]

NGX board members
Business

NGX loses N58bn after seven-day rally

The Nigerian Exchange Limited’s market capitalisation dropped by N58 billion on Tuesday, bringing it to N28.475tn and ending a seven-day rally. According to The Punch, the NGX’s All-Share Index also fell by 107.03 points to 52,296.48 due to a sell-off in several shares. In total, 550,293,697 million shares worth N5.150bn were traded in 6,250 deals. […]

Business

NGX regains as investors hit N2bn

The Nigerian Exchange Limited saw an increase on Tuesday, as investors gained N2 billion. At the end of trading, the All-Share Index rose by 11.54 base points to 51, 138.92, resulting in a slight increase in year-to-date returns to 0.22 per cent, The Punch reported. Trade turnover strengthened compared to the previous session, as the […]

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