Nigerian Exchange Group (NGX), on Tuesday, said policy inconsistency, currency woes must be tackled to achieve the Federal Government’s proposed $1 trillion economy. The NGX Chairman, Dr Umaru Kwairanga made the call while speaking with the News Agency of Nigeria (NAN) in Lagos. He said these were challenges that...
NGX
Stock market began the week on a positive note on Monday as investors gained N173 billion and performance indices soared by 0.25per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation climbed by N173 billion, rising to N70.635 trillion from N70.462 trillion on Friday. The All-Share Index also increased...
The stock market on Friday closed the week on a bearish note, as key performance indicators dipped by 0.07 per cent. Specifically, the market capitalisation declined by N48 billion, or 0.07 per cent, to N70.462 trillion from N70.510 trillion recorded on Thursday. The All-Share Index also dropped by 0.07...
Nigerian stock market continued its bullish trend on Tuesday, recording a N1.086 trillion gain. Market capitalisation rose by N1.086 trillion, or 1.57 per cent, to close at N70.38 trillion, up from N69.291 trillion recorded on Monday. Similarly, the All-Share Index (ASI) rose by 1,721.29 points, or 1.57 per cent,...
The stock market on Wednesday closed on a negative note, as performance indices dipped by 0.10 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation dropped by N70 billion, falling to N68.895 trillion from N68.965 trillion on Tuesday. The All-Share Index also declined by 111.37 points or 0.10...
Stock market investors traded 2.606 billion shares worth ₦63.785 billion in 77,593 transactions this week on the floor of the Nigerian Exchange Ltd. (NGX). This compares to 2.645 billion shares valued at ₦77.005 billion exchanged in 86,110 deals during the previous week. As a result, the total value of...
The stock market extended its rally for a fifth consecutive session on Thursday, adding N240 billion to market capitalisation. Market capitalisation increased to N68.652 trillion, representing 0.35 per cent increase from the opening value of N68.412 trillion. The All-Share Index also rose by 382.13 points, or 0.35 per cent,...
The Nigerian stock market extended its positive trend, appreciating by N307 billion amid increased buying interest. Market capitalisation rose by N307 billion or 0.45 per cent to close at N68.412 trillion, compared with N68.105 trillion on Tuesday. Similarly, the All-Share Index (ASI) also climbed by 488.73 points or 0.45...
Investors on the Nigerian Exchange (NGX) Ltd. traded 2.200 billion shares worth N75.409 billion in 70,329 transactions during the week under review. This contrasts with 1.854 billion shares worth N56.025 billion traded last week in 51,386 deals. As a result, transaction value rose by 34.6 per cent, with investors...
MTN Nigeria Communications Plc generated N1.0 trillion in service revenue in the first quarter of 2025. This marks a 40.5 per cent increase from the N752.99 billion earned in Q1 2024. The company confirmed this in a corporate filing with the Nigerian Exchange Ltd. on Tuesday. Profit after tax...
The Nigerian Exchange Ltd. (NGX) on Tuesday transacted 733.05 million shares worth N35.288 billion in 16,619 transactions. This is in contrast with 500.59 million shares worth N12.110 billion that was traded in 17,637 deals earlier. Meanwhile, transactions in the shares of Fidelity Bank topped the activity chart with 285.15...
Nigerian stock market opened the week on a bullish note on Tuesday, gaining N318 billion on the Nigerian Exchange Ltd after the two-day Easter break. Market capitalisation rose by N318 billion or 0.49 per cent, closing at N65.817 trillion compared with Thursday’s figure of N65.499 trillion. Similarly, the All-Share...
Stock market investors traded 1.525 billion shares worth N43.006 billion in 51,156 transactions this week on the floor of the Nigerian Exchange Ltd. This is in contrast to 2.094 billion shares valued at N52.967 billion that exchanged hands last week in 64,612 deals. Consequently, the value of transactions traded...
Trading on the Nigerian Exchange Ltd. (NGX) ended negatively on Wednesday, with market capitalisation falling by N445 billion after a day of positive performance. The NGX market capitalisation dropped by N445 billion, or 0.68 per cent, closing at N65.259 trillion, down from Tuesday’s N65.704 trillion. Similarly, the All-Share Index...
Access Holdings Plc. says it generated N642.22 billion as profit for the year ended Dec. 31, 2024. This is a 3.7 per cent increase from the N619.32 billion it generated in 2023. The company made this known in a corporate disclosure through the Nigerian Exchange Group (NGX) on Wednesday...
The Nigerian stock market on Thursday rebounded with a gain of N377 billion on the Nigerian Exchange Ltd. Market capitalisation rose by N377 billion or 0.58 per cent to close at N65.847 trillion, compared with N65.470 trillion posted on Wednesday. Similarly, the All-Share Index (ASI) climbed by 601.25 points...
Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion. The NGX market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 159.88...
The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation declined by N659 billion or 1.01 per cent, falling to N65.488 trillion from N66.147 trillion recorded on Friday. Similarly, the All-Share Index dropped sharply by...
Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Ltd. This is in contrast to 7.521 billion shares valued at N398.949 billion that exchanged hands last week in 61,312 deals last week. Consequently, the value of...
The stock market on Wednesday opened the week bearish as performance indices declined by 0.14 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N91 billion, or 0.14 per cent, to N66.166 trillion from N66.257 trillion recorded on Friday. The All-Share Index also dropped by 0.14...