Tag: Nigerian Exchange Limited

The Nigerian Exchange continued its downward trajectory on Tuesday, losing N265 billion as weak investor sentiment persisted.
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Nigerian Exchange suffers second consecutive loss, sheds N265bn

The Nigerian Exchange continued its downward trajectory on Tuesday, losing N265 billion as weak investor sentiment persisted. This marks the second consecutive loss of the week, bringing the market capitalisation down to N66.1 trillion from the previous day’s N66.3 trillion. At the close of trading, the All-Share Index (ASI) declined by 423.48 points, representing a […]

NGX: Top 10 best performing stocks in January 2024
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NGX: Top 10 best performing stocks in January 2024

In 2024, the NGX demonstrated significant growth, concluding on February 2, 2024, with an All-Share Index of 104,421.23 points, indicating a year-to-date gain of 39.65%. This figure, though slightly below the 45.90% gain observed in the entirety of 2023, showcases the market’s continued positive momentum. As of January 31, 2023, the NGX’s All-Share Index closed […]

Dangote Plc becomes most valuable company in Nigeria
Business

Dangote Plc becomes most valuable company in Nigeria

Dangote Cement Plc on Wednesday, surpassed Airtel Africa Plc to become the most valuable company on the Nigerian Exchange Limited, with a 9.98 percent increase in share price. In little than a week, the richest man in Africa rose from third place to the top with his main firm. On November 1, 2023, Airtel Africa […]

NGX Group becomes first to bag EDGE certification
Business

NGX Group becomes first to bag EDGE certification

    By Christian George The Nigerian Exchange Group Plc, better known as NGX has reportedly bagged Economic Dividends for Gender Equality certification. NGX has now become the first exchange group globally and the first indigenous Nigerian organisation to be EDGE certified. According to a report by BusinessDay, the exchange company was certified at the […]

Dangote Sugar names Lawan Wabi non-executive director
Foods

Dangote Sugar names Lawan Wabi non-executive director

Mrs. Yabawa Lawan Wabi has been appointed by the board of directors of Dangote Sugar Refinery Plc  as an independent Non-Executive Director. Nairametrics reported that the appointment was disclosed in a notice to the Nigerian Exchange Limited The nomination was approved by the board at its meeting on February 28, 2023, according to a statement […]

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Stock market investors gain N158bn

Investors’ shares in the Nigerian stock market rose by N158bn last week as 29 firms recorded price appreciation. The All-Share Index of the Nigerian Exchange Limited and market capitalisation increased by 0.55 per cent to close the week at 53,201.38 and N28.681tn respectively. All other indices finished lower with the exception of the NGX 30, […]

Stock market
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Stock investors lose N172bn as 44 firms suffer decline

Investors lost N172bn at the end of trading on the floor of the Nigerian Exchange Limited. The market capitalisation of equities listed on the NGX depreciated by 0.67 per cent to close at N25.311tn at the end of the week. The NGX All-Share Index also declined by 0.67 per cent to close at 46,964.23 basis […]