NGX News – Page 12 of 18 – Prime Business Africa

Banks’ Recapitalisation Drives 44% Surge In Nigerian Equities Market

NGX: Foreign Transactions Surge By 113.94%

Foreign transactions on the Nigerian Exchange Limited soared by 113.94% to N71.37 billion (approximately $75.76 million) in November, marking a notable rebound compared to the preceding month’s N33.36 billion. This spike, as

Emmanuel Ochayi

11 months ago

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

The Nigerian Exchange Limited (NGX) witnessed an upsurge in the equity market, delivering over N13 trillion in gains for investors in 2023. This exponential growth nearly tripled the previous year’s figures, marking

Emmanuel Ochayi

11 months ago

Business·Markets

NGX Bounces Back: All-Share Index Surge By 0.99% As MTN, Dangote Top Gainers

The All-Share Index surged by 0.99% to hit a historic high of 74,502.58 points, marking an upturn. Market capitalization also saw a notable climb, closing at N40.769 trillion, up from yesterday’s figures.

Emmanuel Ochayi

11 months ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Markets

Bearish Trends Persist In Post-Christmas Trading As ASI Dip By 0.34%

The first trading day post-Christmas saw the Nigerian Stock Exchange All-Share Index dip by 0.34%, closing at 73,768.64 points, marking a bearish start after the festive break. According to market analysis, the

Emmanuel Ochayi

11 months ago

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business

NGX’s 2023 Year-end Review: Banking Sector’s Highs Meet Consumer Goods’ Contrasting Realities

As the curtains draw on 2023, the NGX unfolds a tale of two sectors: banking and consumer goods. The banking sector enjoyed robust growth, heralding record profits

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

Nigerian Equity Market Thrives Amidst Political Shifts, Economic Reforms In 2023

The Nigerian equity market has defied historical trends, maintaining a bullish trajectory throughout 2023 despite the backdrop of political uncertainties stemming from the general elections. Tunde Amolegbe, Managing Director of Arthur Stevens

Emmanuel Ochayi

11 months ago

Equity Market Begins July With 0.04% Decline

Business·Latest News·Markets

Multiverse, Infinity, Transcohort Top Gainers Amidst ASI’s Downturn By 0.36%

While the Nigerian stock market experienced a downturn with the All-Share Index (ASI) closing at 74,023.27 points, a decline of 0.36% from its previous high, certain stocks shone brightly amidst the overall

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

NGX 2023: 3 New Listings Propel N179bn Surge In Market Cap

In a robust year for the Nigerian Exchange Limited (NGX), the addition of three new equities has played a role, contributing N179 billion to the exchange’s market capitalization. This surge marks a

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

Market Capitalization Rises To N39.65trn As ASI Increases To 72,455 Mark

In a display of strength, the Nigerian stock market experienced a surge today, with the NGX All-Share Index (ASI) breaking new ground and reaching an all-time high of 72,455.83. This upward momentum

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

ASI Crosses 72,000 Mark As Equities Gain N215 billion

The Nigerian Exchange Group (NGX) achieved an unprecedented milestone as its All-Share Index (ASI) soared past the 72,000 mark, closing at a record-high of 72,299.79 points on Wednesday. This surge reflected a

Emmanuel Ochayi

12 months ago

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NGX News - Page 12

NGX: Foreign Transactions Surge By 113.94%

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

NGX Bounces Back: All-Share Index Surge By 0.99% As MTN, Dangote Top Gainers

Bearish Trends Persist In Post-Christmas Trading As ASI Dip By 0.34%

NGX’s 2023 Year-end Review: Banking Sector’s Highs Meet Consumer Goods’ Contrasting Realities

Nigerian Equity Market Thrives Amidst Political Shifts, Economic Reforms In 2023

Multiverse, Infinity, Transcohort Top Gainers Amidst ASI’s Downturn By 0.36%

NGX 2023: 3 New Listings Propel N179bn Surge In Market Cap

Market Capitalization Rises To N39.65trn As ASI Increases To 72,455 Mark

ASI Crosses 72,000 Mark As Equities Gain N215 billion

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