Nigerian equities market

Investors’ Scramble For Access Corp, UBA, Others’ Stocks Lifts Market To 1.12% Gain

October 15, (THEWILL) - Nigerian equities ended the week on a positive note, as the All-Share index closed 0.10% higher to settle at 67,200.69 points. Gains in Access Corp (+0.63% on N15.75 share price), UBA (+0.29% of N12 per...

Capital Market to Decline by N55.3bn as GSK Exits Nigeria After 51 Years of Operations

August 03, (THEWILL) - Nigeria’s equities market will lose N55.3 billion market capitalisation following GlaxoSmithKline’s (GSK), plan to close its operations in Nigeria after 51 years. The British multinational .pharmaceutical and biotechnology company which commenced operations in Nigeria...

Investors’ Gains In MTN, Zenith, Geregu Pushes NGX-ASI to 1.11%, As Naira Rises Marginally to N791.42/$

July 25, (THEWILL) - Equities market extended its winning streak for the fourth consecutive session positive on Tuesday, as the benchmark index closed 1.11% stronger at 65,991.02 points against 65,268.28 on Monday. Gains in MTNN (+5.52%), ZENITHBANK (+0.86%),...

Equities Market Gains N145bn as Naira Slumps 1.9% on I&E Window

July 24, (THEWILL) - The Nigerian equities market opened the week positively on Monday as demand for STANBIC (+10.0% from N68.95 share price), and FBNH (+9.8% shifting from a share price of N21.80 ) drove the All-Share Index higher...

Nigeria Narrowly Emerges Africa’s Largest Economy – For Fifth Straight Year

July 21, (THEWILL) - Nigeria has emerged Africa’s largest economy for the fifth consecutive year, according to data published by the World Bank. The West African country has maintained the position of the largest economy on the continent for the...

Equities Market Rebounds With N204bn Gain Amid Slight Appreciation in Naira to N795.28/$

July 17, (THEWILL) - The local bourse opened the week Monday, rebounding by 0.60% to settle at 62,943.35 points, against 62.569.73 points on Friday. Market capitalisation rose by N204 billion to close at N34.27 trillion from N34.06 trillion in...

Benefits And Limitations Of Investment Ratios

One of the tools that stockbrokers deploy to ascertain the financial health of a company before executing client's purchase or sale order is investment ratio. There are many investment ratios, depending on the objective of the user. This is a...

Capital Importation: Investors Shun Heritage, Polaris, Keystone As Wema, Unity Banks Rank Low

Investment inflow to the Nigerian economy in the first quarter of this year (Q1 2023) eluded three mainstream deposit money banks (DMBs). According to the National Bureau of Statistics (NBS), no capital was channeled through these DMBs during the...

NGX RegCO, ICAN Sign MoU to Enhance Market Regulation, Investor Protection

July 10, (THEWILL) - In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants...

Naira Drops to N762.63/$ As Domestic Market Index Gains 0.81%

July 06, (THEWILL) -The Naira reversed the gains of Wednesday (N748.31) and depreciated by 2.8 percent to trade N762/63/$ at the I&E window according to FMDQ’s website on Thursday. Market turnover climbed to $89.37 million from $88.68 million the...
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Mended Fences: 1,000 Goals In Sight As Ronaldo and Portugal Reconciliation Takes Shape

Cristiano Ronaldo’s turbulent relationship with the Portugal national team could be heading towards an unexpected reconciliation, with reports suggesting the veteran forward may return for one final international chapter as he closes in on the historic 1,000-goal milestone.
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