Investor wealth surged by ₦1.76 trillion as renewed buying in banking, insurance and industrial stocks lifted the NGX All-Share Index to 246,183.96 points, reversing last week’s cautious trading.
Custodian, NEM Insurance, BUA Cement and First Holdco topped the...
First HoldCo has recorded one of the strongest rallies on the Nigerian Exchange this year, surging 46 percent in four consecutive trading sessions before extending its gains to ₦105.50 per share.
The remarkable rally has been fuelled by...
NGX added ₦849 billion as sustained buying in banking and insurance stocks pushed the benchmark index higher, reversing the previous session’s losses and lifting investor wealth.
First Holdco surged another 9.97 percent to top the gainers’ chart, while...
NGX sheds ₦1.32 trillion as profit-taking in BUA Cement and PZ Cussons drags the market lower.
Market breadth weakens with 42 decliners outweighing 19 gainers, signalling broad-based selling pressure.
July 14, (THEWILL) — The Nigerian stock market opened the...
July 10 (THEWILL) — The Nigerian Exchange (NGX) closed marginally lower on Friday.
Market capitalisation declined by ₦103 billion to close at ₦156.444 trillion, from ₦156.547 trillion at the previous session.
Similarly, the All-Share Index (ASI) fell by 159.97 points,...
July 10 (THEWILL) — Nigeria has emerged as the world’s best-performing stock market in dollar-denominated returns, overtaking South Korea, as improving foreign exchange stability, strong equity performance, and ongoing market reforms continue to boost investor confidence.
The recognition comes from...
July 9 (THEWILL) — The Nigerian Exchange (NGX) sustained its positive momentum on Thursday, as renewed buying interest in banking and consumer goods stocks lifted key market indicators, adding ₦962 billion to investors’ wealth.
Market capitalisation advanced by 0.62 percent...
July 8 (THEWILL) — The Nigerian Exchange (NGX) sustained its bullish momentum on Wednesday as renewed buying interest in large-cap and banking stocks lifted investors’ wealth by ₦3.45 trillion, with the benchmark All-Share Index (ASI) climbing above the 242,000-point...
July 07, (THEWILL) — The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, adding ₦1.86 trillion to investors’ wealth.
Market capitalisation appreciated by 1.24 percent to ₦152.135 trillion, from ₦150.271 trillion recorded at Monday’s close, while the benchmark All-Share...
July 6, (THEWILL) — The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note, adding ₦3.17 trillion to investors’ wealth.
Market capitalisation appreciated by 2.15 percent to ₦150.271 trillion, from ₦147.102 trillion recorded at Friday’s close,...
The Minister of Aviation and Aerospace Development Festus Keyamo, says the removal of the petrol subsidy helped the Federal Government increase investment in critical aviation infrastructure, with about $500 million mobilised for the reconstruction of the Lagos airport and other projects.