NGX

Business

NGX Weekly Report: Market Cap Falls 0.50 Percent as Turnover Drops 36 Percent

Ogochukwu Onwaeze, THEWILL -
A total of 3.166 billion shares valued at N155.023 billion exchanged hands across the NGX during the week, representing a decline from the 4.689 billion shares worth N240.824 billion recorded in the previous week.
Business

NGX, Nairobi Exchange Push Cross-Border Capital Market Integration

Ogochukwu Onwaeze, THEWILL -
The Nigerian Exchange Group and the Nairobi Securities Exchange have stepped up efforts to deepen cross-border capital-market cooperation, with stakeholders from both markets exploring ways to improve connections between African exchanges.
Business

NGX Falls 0.29 Percent As Market Cap Drops To ₦163.53trn

Ogochukwu Onwaeze, THEWILL -
The All-Share Index (ASI) also fell by 721.91 points, opening at 252,635.11 and closing at 251,913.20, representing a 0.29 percent decline.
Business

NGX Opens Week Higher As Market Cap Gains ₦344bn

Ogochukwu Onwaeze, THEWILL -
The Nigerian Exchange Limited (NGX) opened the week on a positive note on Monday, as market capitalisation rose by ₦344 billion from ₦163.655 trillion at the open to ₦163.999 trillion at the close.
Business

NIBSS Tech to Drive Mass Participation in Dangote, Other IPOs As NGX Returns to FTSE Russell Frontier Market

Sam Diala, THEWILL -
The Nigeria Inter-Bank Settlement System (NIBSS) is fundamentally transforming the country’s payment infrastructure to facilitate widespread participation in initial public offerings and privatization transactions.
Business

NGX Closes Flat as Market Cap Dips Marginally to N163.66tn

Ogochukwu Onwaeze, THEWILL -
The Nigerian Exchange Limited (NGX) closed Friday’s trading session marginally lower, as market capitalisation slipped N24 billion from N163.679 trillion at the open to N163.655 trillion at the close.
Business

NGX Suspends Sterling Holdings Shares Over Reconstructed Equity

Ogochukwu Onwaeze, THEWILL -
The suspension was disclosed in a notice signed by Bonaventure Onwuji on behalf of the Head of the Issuer Regulation Department.
Business

NGX Gains N622bn as Index Rises 0.38 Percent on Broad-Based Buying

Ogochukwu Onwaeze, THEWILL -
Market capitalisation rose from N163.06tn at the open to N163.68tn at the close, representing a 0.38 percent increase.
Business

NGX Rises 0.23% as Market Cap Climbs to N163.06tn

Ogochukwu Onwaeze, THEWILL -
The Nigerian Exchange Limited extended its positive run on Wednesday, with the All-Share Index (ASI) rising 576.36 points to 251,191.02, representing a 0.23 percent gain.
Business

NGX Invest Takes Public Offers To WhatsApp, Expands Investor Access

Ogochukwu Onwaeze, THEWILL -
Nigerian Exchange Group (NGX Group) has expanded access to its NGX Invest platform with a WhatsApp subscription channel, giving investors another route to participate in public offers, rights issues and initial public offerings.
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Latest News

BusinessOgochukwu Onwaeze -

DisCos Generate ₦603.64bn As Power Offtake Falls 3.4 Percent In Q2

The figure was disclosed in the latest quarterly report of the Nigerian Electricity Regulatory Commission (NERC), which showed that average energy offtake by the DisCos at their trading points fell to 3,197.03 megawatt-hours per hour (MWh/h) in Q2 from 3,309.48MWh/h in Q1.
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