CAPITAL MARKET

In its bid to continue to champion best practices in the capital markets, Nigerian Exchange Limited (NGX) will keep collaborating extensively with the Institute of Directors (IoD) to further boost compliance to corporate governance. NGX and IoD have for long worked in tandem to advance best practices in corporate governance...

The NGX All-Share Index and Market Capitalization appreciated by 0.46 per cent to close the week at 47,569.04 and N25.910 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Premium, NGX Consumer Goods and NGX Oil & Gas which depreciated by 0.10 per cent, 0.74 per...

The Securities and Exchange Commission (SEC) Nigeria and Ghana have signed a renewed Memorandum of Understanding (MoU) to strengthen cooperation and mutual support in the regulation of the markets. This is contained in a statement by the commission in Abuja on Sunday. The statement said the revised MoU would encourage...

The NGX All-Share Index depreciated by 3.41 per cent to close the week at 47,351.43 while Market Capitalization depreciated by 2.50 per cent to close the week at N25.791 trillion. Similarly, all other indices finished lower with the exception of the NGX ASeM, NGX Growth and NGX Sovereign Bond indices...

The NGX recorded a turnover of 1.005 billion shares worth N10.406 billion in 17,844 deals this week   in contrast to a total of 562.856 million shares valued at N9.438 billion that exchanged hands last week in 16,013 deals. As usual, the Financial Services Industry (measured by volume) led the activity...

The Nigerian Exchange Group Plc. (NGX Group) held its 61st Annual General Meeting (AGM) in Lagos on Friday, 30 September 2022, where shareholders approved resolutions by the company’s Board of Directors. Mr. Apollos Ikpobe and Dr. Okechukwu Itanyi retired by rotation and were re-elected as non-executive directors. Professor Enase Okonedo’s...

  Ardova Plc held its 43rd Annual General Meeting (AGM) at the Southern Sun Hotel, Ikoyi on 27 September 2022.  In adherence to the guidelines from the Corporate Affairs Commission (CAC), the AGM was held by proxies that could exercise shareholder voting rights.  Also, the proceedings of the AGM was...

The Securities and Exchange Commission (SEC) has said that the passage of the proposed Investments and Securities Bill (ISB) will check the rise of Ponzi/Pyramid schemes as well as other illegal investment schemes. This was disclosed in a statement by the SEC Director-General, Mr Lamido Yuguda, on Sunday in Abuja....

  The NGX All-Share Index and Market Capitalization depreciated by 0.91 per cent to close the week at 49,026.62 and N26.445 trillion respectively. Similarly all other indices finished lower with the exception of NGX Premium, NGX Banking, NGX Pension, NGX AFR Bank Value and NGX MERI Value which appreciated by...

  Bears held sway as The Nigerian Equities Market extends the previous day’s negative outing to end the fourth trading session of the week in the red region amidst low turnover. The NGXASI shed 7bps to drag the All-Share-Index to 49,540.48bps as against its previous close of 49,576.05bps. This outing...