CAPITAL MARKET

Transcorp Power has listed its 7.5 billion ordinary shares of 50 kobo each at N240 per share by introduction on Nigerian Exchange Limited (NGX). According to a statement issued by the company, the power firm will take market stakeholders through its Facts Behind the Listing, after performing the Closing Gong...

Food and beverage company,  Nestlé Nigeria Plc has posted a loss before income tax of N104 billion for the year 2023 compared to a profit before income tax of N71 billion for 2022. In a 2023 financial statement of the company published on the Nigerian Exchange Group website on February...

  Market Cap hits N1.022tn emerges best performing banking stock in 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share. At the close of trading...

Nigerian Exchange Limited (“NGX or “The Exchange”), in collaboration with the National Pension Commission (PenCom) launched the NGX Pension Broad Index (NGXPENBRD) on 15 June 2023, which provides a broader benchmark for equities investment by the pension industry. The NGX Pension Broad Index is designed to track the performance of...

The Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr Temi Popoola, has said that the domestic entertainment sector, Nollywood, can help to further boost retail investor activity in the capital market due to its appeal to Nigeria’s younger generation. Popoola said this at the Closing Gong Ceremony commemorating the...

  Some stakeholders have called for the integration of Nollywood into the capital market to deepen the market as well as boost funding for Nigeria’s entertainment industry. This call was made at the Capital Market Correspondents Association of Nigeria (CAMCAN) 2023 workshop with the theme, ‘Leveraging Capital Market in Financing...

Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers, the bank reported a capital base of N410.75 billion as of September 2023 against N314.3 billion in 2022. Also featuring...

Equity investors on the Nigerian Exchange Ltd. (NGX) on Tuesday recorded a gain of N166 billion as the market closed on a positive note The Market Capitalisation closed at N38.989 billion as against N38.823 billion posted at the end of Monday trading, representing 0.43 per cent increase. The NGX All-Share...

    NGX, stakeholders to deepen capital market with AI, analytics tools Stakeholders across the technology sector and capital market will collaborate on how to foster growth in the market with the use of Artificial Intelligence and analytics tools. The stakeholders shared their solutions and opinions at Nigerian Exchange Limited’s...

Nigerian Exchange Limited (NGX) is set to host a webinar for capital market stakeholders on the importance of Artificial Intelligence (AI) in growing the capital market on December 1, 2023. The technology webinar themed: ‘Repositioning Analytics and AI for Capital Market Growth in Nigeria’, will delve into the transformative potential...