By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N1.91 trillion, representing a 1.20 per cent gain on Monday. This marked the fourth consecutive bullish rally. The uptrend was driven by increased interest in high capitalised equities such as:Continue Reading
By Taiye Olayemi Investors have been urged to diversify their portfolios beyond equities by embracing alternative investment vehicles to reduce risks, preserve wealth and enhance long-term returns. The Managing Director of Globalview Capital Ltd., Mr Aruna Kebira, gave the advice in an interview with the News Agency of Nigeria (NAN)Continue Reading
By Taiye Olayemi The Nigerian stock market halted its bullish rally on Monday after 14 consecutive sessions of gains, resulting in a loss of N1.365 trillion. The downturn was driven by profit-taking in stocks such as FirstHoldCo, Trans-Nationwide Express, United Bank for Africa, Access Corporation, Fidelity Bank, and 35 others.Continue Reading
By Taiye Olayemi Stockbrokers have commended the extension of trading hours on the Nigerian Exchange Ltd., describing it as a major step toward deepening the capital market and aligning it with global standards. The market operators, who spoke in interviews with the News Agency of Nigeria (NAN), said the developmentContinue Reading
