stock market

October 03, (THEWILL) - VFD Group, an investment firm, will list its shares on the Nigerian Exchange (NGX) in the days ahead after receiving the go-ahead to do so. The investment firm disclosed this in a statement on Tuesday. About four...

The NGX All-Share Index and Market Capitalization appreciated by 0.22% to close the week at 65,198.08 and N35.480 trillion respectively A total turnover of 2.575 billion shares worth N29.615 billion in 37,713 deals was traded last week by investors on...

July 24, (THEWILL) - Amid the bounce of a new administration and raft of changes in government policies, total foreign transactions performed by investors at the floor of the Nigerian Exchange Limited (NGX) grew to N145.08 billion in the...

Closing the week, the Nigerian equities ended on a positive note as the All-Share Index closed 1.68% stronger to settle at 65,003.39 points as against 63,930.72 points the previous day. Market capitalisation rose to N35.39 trillion from N34.81 trillion...

Behemoth FBN Holdings dazzled industry watchers with an all-time high half-year pre-tax profit of N187.2 billion for the period ended June 30, 2023, translating to a 414 percent increase compared to N56.6 billion posted in the corresponding period of...

July 20, (THEWILL) - Bullish sentiments resurfaced in the equities market Thursday as buying interest in GEREGU (+5.7% from share price of N333) drove the benchmark index 0.3% higher. Thus, the All-Share Index closed at 63,930.72 points against 63,757.23 points...

July 12, (THEWILL) - The Naira dropped slightly Wednesday on the I&E window to N782.49/$ as against N788.42/$ on Tuesday – a depreciation of 0.8%. Total turnover also dropped to $68.10 million against $99.69 million on the...

Driven by unmatched resolute domestic players who took position as fortune-hunting foreign investors fled, Nigeria’s local bourse hit the historic peak of its performance in the first half of the year (H1 2023). At the close of the trading session...

SAM DIALA shows how the audacious stance of brave domestic investors lifted Nigeria’s equities market to a 15-year high after foreign investors fled in 2020. Nigeria’s equities market recorded an outstanding performance in the first half of the year (H1-2023),...

June 20, (THEWILL) - The naira continued in its debilitating state Tuesday as it slumped to N756.61/$ on the I&E window. Although this was a marginal recovery from Monday’s all-time crash of N770.38/$1, it marks the historic convergence of...