Guinness posts over N5bn loss
Foreign exchange expenses eroded the operating profit of Guinness Nigeria Plc for the year ended December 2023, resulting in an loss. This was contained in the unaudited interim financial statements…
WFE: Popoola emphasizes technology revamp, listing rules review, FPI targeting
Temi Popoola, CEO NGX Ltd The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group Plc has highlighted various plans by the exchange group to revamp its technology…
Investors gained N316.75 billion as the NGX barometer stands at +36.61% year-to-date …Naira depreciated by 2.12% to ₦900.96
The Nigerian equities market extended its bullish momentum, concluding the day’s trading positively. Today's session saw the benchmark NGX All-Share Index experience an uptick of 57 basis points, rising from…
Amolegbe tasks FG on listings to boost tax revenue
L-R: Vice Chairman, Capital Market Correspondents Association of Nigeria (CAMCAN), Mr Friday Ekeoba; Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe and Chairman CAMCAN, Chinyere Joel-Nwokeoma…
Bulls sustain trend as investors gained N1.8 trillion; Naira depreciated by 4.72% to ₦878.57/$
Bulls held sway as the Nigerian Equities market extended the previous day’s positive outing to close the day’s trading session in the green region amidst improved turnover. The benchmark NGX…
Access Holdings Acquires Megatech Insurance Brokers
An insurance brokerage company, Megatech Insurance Brokers Limited, has been acquired by Access Holdings Plc, the parent firm of Access Bank Plc. The acquisition of Megatech Insurance Brokers was announced…
Bears halt bullish run; NGXASI down by 140bps
Bulls and bears wrangle as The Nigerian Equities market closed the mid-week trading session on a negative note, marking the first bearish close for the year. The benchmark NGX All-Share…
Bulls extend dominance as Naira depreciated by 27.19% to
Kayode Ogunwale The bulls dominated the equities market today, with the All-Share index rising per cent to 83, points. Today's performance was driven by gains in MTN Nigeria (+ per…
NGX Main Index Crosses 80,000, as Market Capitalisation gain N363.31bn YTD
Kayode Ogunwale The Nigerian equities market surged to record-breaking heights, with the All-Share index gaining percent and surpassing the 80,000 psychological mark to settle at 80, points. Today’s bullish…
UBA crosses N1 trillion market capitalization
The market capitalization of United Bank for Africa (UBA) at the close of trading activities today crossed over N1 trillion. The share price of UBA attained new price of ,…