CAPITAL MARKET

  The NGX All-Share Index and Market Capitalization depreciated by 2.09 per cent to close the week at 49,664.07 and N26.787 trillion respectively. Similarly, all other indices finished lower with the exception of The NGX Insurance, NGX Consumer Goods and NGX Growth Indices which appreciated by 6.00%, 3.00% and 1.56%...

The NGX All-Share Index and Market Capitalization appreciated 0.70 per cent  and 0.72 per cent respectively to close the week at 50,722.33 and N27.358 trillion respectively. Similarly, all other indices finished higher for the week with the exception of The NGX-Main Board, NGX NGX Insurance, NGX Industrial Goods and NGX...

  as Exchange goes live   Lagos Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a crude oil dependent economy to other critical economic sectors. This was revealed at the...

  A former Commissioner for Finance in Imo State and currently Professor of Capital Market at the Nasarawa State University Keffi, Uche Uwaleke has given insight into what to expect in the fixed income and equities market for the remaining part of the year. Speaking as a guest lecturer at...

An investor in Union Bank of Nigeria Plc, Dr. Charles Mekwunye (SAN), has urged the Federal High Court in Lagos to nullify the bank’s acquisition by Titan Trust Bank. The plaintiff, through a team of lawyers led by Mr A.M. Makinde (SAN), had earlier sued Union Global Partners Ltd (first...

The Group Managing Director/Chief Executive Officer, Nigerian Exchange Group Plc, Mr. Oscar N. Onyema, OON has called for more investments in Africa’s marketplace. He made this disclosure on Tuesday, 5 July 2022 while delivering a speech at the African Risk and Compliance Summit held in London. Speaking at the summit,...

The Debt Management Office (DMO) has listed the N250billion, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031, on Nigerian Exchange Limited (NGX), on Tuesday, 5 July 2022. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set by the Financial Regulatory Advisory Council of Experts...

Nigerian Exchange Limited (NGX) hosted the leadership of Ghana’s Securities and Exchange Commission, Ghana Stock Exchange and Central Securities Depository (GH) LTD to a Closing Gong Ceremony on Tuesday, 5th July 2022 to deepen regional collaborations. In his opening remarks, Divisional Head, Capital Markets, Mr Jude Chiemeka noted that the...

Nigerian Exchange Limited (NGX), Global Reporting Initiative (GRI) Africa and Principles for Responsible Investment (PRI) organized a webinar tagged “Empowering Responsible Investing through Data Metrics and Environmental, Social and Governance (ESG) Integration”, on Wednesday, 29 June 2022. Speaking at the event, Chief Executive Officer, NGX, Mr. Popoola, stated that “As...

Nigerian Exchange Limited (“NGX”) and Bank of Industry (“BOI”) have signed a Memorandum of Understanding (MoU) to deepen capital market reach, build the capacity of stakeholders through financial literacy programs, facilitate market advocacy initiatives and promote listings. The announcement was made during the signing ceremony led by the Chief Executive...