CAPITAL MARKET

Nigerian Exchange Group (NGX Group) Plc has released its dividend policy in ensuring that shareholders received returns on their investments. The policy document which was approved by the Group’s Board of Directors of NGX Group Plc and published on the company’s website was formulated in accordance with the Laws of...

Nigerian Exchange Limited (NGX) and United Bank for Africa (UBA) are set to collaborate on Diaspora investments in the Nigerian capital market. This was revealed at the Closing Gong Ceremony held to welcome the newly appointed GMD of UBA, Mr. Oliver Alawuba, DGM, Mr. Muyiwa Akinyemi and other management on...

  Bulls and bears wrangle as The Nigerian Equities Market returns to the south region to end the third trading session of the week on a negative note amidst improved turnover. The NGXASI shed 10bps to peg the All-Share-Index at 49,576.05bps as against its previous close of 49,627.72bps. This outing...

Nigerian Exchange Limited (NGX), in collaboration with Stanbic IBTC, is set to host a securities lending forum, on Wednesday, 20th September 2022, at 10:00 am. The webinar is in line with the Exchange’s mandate to promote investors in the Nigerian capital markets, enhance secondary market liquidity, and facilitate the mobilization...

  The NGX All-Share Index and Market Capitalization depreciated by 0.70 per cent to close the week at 49,695.12 and N26.805 trillion respectively. Similarly, all other indices finished lower with the exception of NGX Insurance, NGX MERI Value, and NGX Consumer Goods Indices which appreciated by 1.04 per cent, 0.87...

Tinuade Awe, Chief Executive Officer, NGX Regulation Limited has said the company is deploying resources toward promoting Regulatory Technology (RegTech) in Nigeria’s capital market. This disclosure was made at the 26th Annual Chartered Institute of Stockbrokers' conference which held on Thursday, 8 September 2022 in Benin City. During her presentation...

Leading financial institution in Nigeria, United Bank for Africa (UBA) Plc has reported 12.6 per cent rise in profit before tax (PBT) to N85.7 billion in its released audited financial results for the half year ended June 30, 2022 from N76.2 billion recorded in the same period of 2021 The...

The Director General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has stated that the Commission will continuously collaborate and engage relevant agencies to eliminate completely all Ponzi schemes operations in the nation’s capital market. Yuguda who spoke in Abuja over the weekend said the SEC has been...

Investors on the Nigerian bourse gained N532.1 billion on Thursday as the bullish run continued even as market capitalization nudged up by 2.02 per cent in the day trading. In what was a complete recovery from two consecutive losses recorded earlier in the week, the stock market’s equity capitalization rose...

    The Nigerian bourse began the week transaction on a losing note on Monday as the Market Capitalisation recorded a loss N13.06 billion to close the day trading at N26.614 trillion as against N26.628 trillion it started the day with. The negative performance was majorly driven by selloffs in...