By Taiye Olayemi Highcap Securities Ltd. has attributed the N4.92 trillion stock market loss recorded last week to investor repositioning ahead of the anticipated Dangote Refinery and Petrochemicals Initial Public Offering (IPO). The Vice-President of Highcap Securities, Mr David Adonri, disclosed this in an interview with the News Agency ofContinue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) All-Share Index and market capitalisation rose by 2.27 per cent and 2.13 per cent, respectively, to close the week at 250,330.92 points and N160.444 trillion. This compares with 244,775.83 points and N157.094 trillion recorded in the previous week. Analysis of market performanceContinue Reading
By Ginika Okoye The President of the Capital Market Academics of Nigeria (CMAN), Prof. Uche Uwaleke, has called for an independent oversight committee involving capital market investors in the annual auditing of the Unclaimed Funds Trust Funds (UFTF). Uwaleke disclosed this in an interview with the News Agency of NigeriaContinue Reading
By Taiye Olayemi The Nigerian Exchange Group Plc (NGX Group) has reaffirmed the organisation’s commitment to promoting high standards of corporate governance in collaboration with the Chartered Institute of Directors Nigeria (CIoD). Chairman of the NGX Group, Dr Umaru Kwairanga, made this known at the unveiling of the CIoD 2026Continue Reading
By Taiye Olayemi The Nigerian Exchange Group (NGX) has partnered with the Asagba of Asaba, Prof. Epiphany Azinge, to unlock investment opportunities for economic development in Delta. The collaboration was highlighted during the NGX Closing Gong Ceremony in Lagos, held in honour of the traditional ruler and to mark theContinue Reading
By Taiye Olayemi Nigerian Exchange Group (NGX Group) has partnered with the Federal Ministry of Women Affairs and Social Development to strengthen women’s economic empowerment and promote greater gender inclusion in Nigeria’s capital market. The collaboration was highlighted during a strategic visit by the Minister of Women Affairs and SocialContinue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) closed the week on a positive note, with the All-Share Index (ASI) and market capitalisation rising by 1.39 per cent to 201,156.86 points and N129.126 trillion respectively. This compares with 198,407.30 points and N127.361 trillion recorded in the previous week. As aContinue Reading
By Taiye Olayemi The stock market on Tuesday rebounded with N94 billion profit, adding to the portfolios of investors. Investor interest in Red Star Express, NPF Microfinance Bank, Deap Capital Management, Morison, NCR and 35 other equities pushed the broader index into a positive terrain. Specifically, the Nigerian Exchange Ltd.Continue Reading
By Taiye Olayemi The Nigerian stock market opened the week upbeat, gaining N1.869 trillion as market capitalisation soared to N101.806 trillion, boosting investor portfolios. The positive trend was driven by sustained investor interest in heavyweight stocks such as Cadbury, Abbey Mortgage Bank, Fidson, Champion Breweries, FTN Cocoa Processors and 68Continue Reading
