Equity Market

October 30, (THEWILL) - In an unprecedented twist of events, the Nigerian naira suffered a significant plunge in the financial market on Monday, October 30, 2023, the lowest since the currency float policy was introduced mid-June, 2023. The currency,...

August 31, (THEWILL) – The bullish trend that characterised Nigeria’s local bourse in August saw trading close on Thursday with investors gaining N1.41 trillion as market capitalisation hit N36.42 trillion against N35.01 trillion the month opened on August...

July 19, (THEWILL) - Today, the domestic bourse slipped on Wednesday as the benchmark index closed 0.01% weaker to settle at 63,757.23 points. Market capitalisation lost 5 billion to close at N34.71 trillion against N34.72 on the previous trading. ...

July 09, (THEWILL) - Nigerian fintech Interswitch is in discussions with Kenya’s Equity Bank about following the lender into the Democratic Republic of Congo (DRC), managing director Mitchell Elegbe tells The Africa Report. Discussions about following the bank into the...

The Equity market touched the highest peak since 2008 on Friday, hitting N34,3 trillion from N33.7 trillion in the previous trading. The All-Share index advanced by 3.4% w/w to close at 63,040.41 points, pushing the YTD return to +23.0%.. The...

After experiencing a bullish start to the week, the Nigerian equity market concluded the week in the north zone as of Friday, June 16. However, profit-taking activities observed in prominent stocks led to a decline in the market. The benchmark...

June 06, (THEWILL) – United Bank for Africa (UBA) was the most traded stock by volume at 47.13 million units, at the end of today’s trading (Tuesday) on the Nigerian Exchange (NGX). Data by the NGX also showed that...

The NGX All-Share Index and Market Capitalization depreciated by 0.05% to close last week at 52,187.93 and N28.417 trillion respectively. A total turnover of 3.029 billion shares worth N33.626 billion in 29,505 deals was traded last week by investors on...

The Equities Market recorded a N4 billion gain in the third week trading in March with N29.90 trillion as against N29.89 on Monday. Data by the Nigerian Exchange (NGX) Limited Weekly Report showed that the bourse also ended positive...

The NGX All-Share Index and Market Capitalization appreciated by 0.48% to close last week at 55,794.51 and N30.395 trillion respectively, the Nigerian Exchange announced in its weekly report ended March 10, 2023. The report stated that a total turnover of...