MARKETS

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...

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...