Investors suffered a significant loss of ₦847 billion in the Nigerian stock market last week, primarily due to the negative effects of profit-taking and selloffs on the Nigerian Exchange Limited ...
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise N190 billion from the bond market in August 2024. This is the lowest bond ...
Zenith Bank Plc, in a significant move to meet the Central Bank of Nigeria’s (CBN) new minimum capital requirement of N500 billion, is offering its ongoing hybrid rights and public ...
In July 2024, companies under the Dangote Group experienced a significant drop in market capitalization, losing about N1.21 trillion. This decline followed double-digit decreases in share prices across the group’s ...
In response to the ongoing #EndBadGovernance protests, several banks in Nigeria have shifted to remote work policies for their employees. The protests have gained significant public attention over the past ...
NGX Regulation, the regulatory division of the NGX Group, has suspended trading in the shares of eight companies for failing to file their 2023 financial accounts. In a market bulletin ...
The NGX Alternative Securities Market (ASeM) Index demonstrated outstanding performance, recording a remarkable increase of 135.25%, making it the top-performing index in the first half of the year. Despite the ...
By the end of May, the total amount of transactions on the local exchange had reached N2.35 trillion, a rise of 115.40 percent over the first five months of 2023. ...
A digital platform has been introduced by the Nigerian Exchange with the intention of expediting the investing procedure. Temi Popoola, the Group Managing Director of the Nigerian Exchange Group Plc, ...
Femi Otedola, the chairman of FBN Holdings, became the group's biggest shareholder after acquiring 4.63% of the banking group's shares in two trading sessions. According to a notice regarding directors ...
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