Nigeria stock exchange

Nigerian Stock Market Gains ₦849bn as First Holdco Extends Rally, Banking Stocks Lift NGX

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...

Coronation Asset Management Unveils Equity Fund to Help Investors Tap Nigerian Stock Market Growth

Coronation Asset Management has launched the Coronation Equity Fund, an open-ended collective investment scheme aimed at helping investors benefit from the long-term growth opportunities in Nigeria’s equities market. The launch comes at a significant time for the Nigerian capital market....

NAHCO Appoints Aliyu, Olaiya Into Its Board, As Umar, Nwosu, Alabi Retire

January 11, (THEWILL) - West Africa’s largest ground handling service provider, NAHCO Plc, has announced the appointment of two Non-Executive Directors: Mr Abdulhamid Aliyu and Rev. Victor Abimbola Olaiya, to its board. In a notice to the Nigerian Stock...

NDIC Reiterates Commitment To Protection Of Bank Depositors’ Funds

November 29, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC) has said it is committed to the protection of bank customers’ deposits in line with its statutory mandate. It also said it is partnering with the Central Bank of Nigeria...

NGX ASI, Market Cap. Close Week On Positive Note

November 26, (THEWILL) - The NGX All-Share Index and Market Capitalization appreciated by 0.17% to close the week at 71,230.48 and N39.173 trillion respectively. A total turnover of 2.425 billion shares worth N22.665 billion in 33,230 deals was traded last...

FMDQ Effects Name Change, Renames ‘NSOFF’ Product To ‘Cleared USD/NGN NDFs’

October 29, (THEWILL) - In a recent market notice, the FMDQ Exchange has announced a significant change in the terminology used within the Nigerian Foreign Exchange (FX) market. The FMDQ informed all stakeholders in the Nigerian Foreign Exchange (FX) market...

I & E Window Records $1.89bn Turnover In September

October 04, (THEWILL) - Turnover on the Investors’ and Exporters’ (I&E) window of the Nigerian exchange market rose to $1.89 billion in September 2023, from $1.87 billion in the previous month (August) according to THEWILL daily tracking of the...

Nigeria’s Public Debt Stock Rises to N87.38tr

September 17, (THEWILL) - Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars) in the first quarter of 2023 to N87.38 trillion (113.42 billion dollars) in the second quarter of 2023. The report said Nigeria’s public debt stock,...

Eni Signs Agreement To Sell Nigerian Subsidiary NAOC Ltd To Oando Plc

September 04, (THEWILL) - Eni – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - has announced the signing of an agreement with Oando Plc for the sale of Nigerian Agip...

Seplat Half-Year Results: Success Story That Keeps Delivering

July 28, (THEWILL) - It is clear from the excellent results for the first half of 2023 that Seplat has put its recent travails behind, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated...
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Footballers Call For Change At Fifa As Gianni Infantino Faces Growing Pressure

group of current and former footballers has publicly called for change at the top of world football, saying major decisions are being made without enough consideration for players or supporters.
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