Category: Capital Market/Banking

NGX Group Declares N6.17b Revenue For 2022 
March 3, 2023 No Responses

NGX Group Declares N6.17b Revenue For 2022 

The Nigerian Exchange Group Plc has recorded a revenue of N6.17 billion in its audited financial statement, ended December 31, 2022. The Group explained on Thursday that the figure represents an increase of  6.8 per cent Year-on-Year (YoY) when compared with...
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NGX: Ugochi Obi Makes WFE <strong>Women Leaders List For </strong>2023
March 3, 2023 No Responses

NGX: Ugochi Obi Makes WFE Women Leaders List For 2023

By Moses Ebosele, ebosele@hotmail.com — The World Federation of Exchanges (WFE), on Thursday, named the head of X-Academy, Nigerian Exchange (NGX), Ugochi Obi as one of the twenty women leaders for 2023.  City Business News reports that the WFE...
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WFE Women Leaders: Profile Of Ugochi Obi, Head, X-Academy, NGX
March 3, 2023 No Responses

WFE Women Leaders: Profile Of Ugochi Obi, Head, X-Academy, NGX

The World Federation of Exchanges (WFE), on Thursday, named the head of X-Academy, Nigerian Exchange (NGX), Ugochi Obi as one of the twenty women leaders for 2023.   Information made available to the WFE website explained that the  X-Academ...
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Naira Gains 0.14% At Investors, Exporters Window
March 2, 2023 No Responses

Naira Gains 0.14% At Investors, Exporters Window

Naira exchanged at N461.35 to the dollar at the Investors and Exporters window on Wednesday. The rate represented an appreciation by 0.14 per cent compared with the N462 for which it exchanged to the dollar on Tuesday. The open indicative...
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Naira Exchanges For N462 To  Dollar At Investors, Exporters Window
March 1, 2023 No Responses

Naira Exchanges For N462 To  Dollar At Investors, Exporters Window

The Naira on Tuesday remained unchanged, exchanging at N462 to the dollar at the Investors and Exporters window. The local currency did not change from its value on Monday. An exchange rate of N462.50 to the dollar was the highest...
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NGX, PAPSS Sign MoU On Cross-Border Payments
March 1, 2023 No Responses

NGX, PAPSS Sign MoU On Cross-Border Payments

Nigerian Exchange (NGX) and Pan African Payments Settlement System (PAPSS) on Tuesday signed a Memorandum of Understanding (MoU), to integrate the payments system that would boost cross-border securities transactions across African capital markets. Mr Temi Pop...
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Stock Market Gains N207b
February 28, 2023 No Responses

Stock Market Gains N207b

The Nigerian bourse on Monday extended its positive performance with market capitalisation gaining N207 billion or 0.69 per cent to close at N30.140 trillion compared with N29.933 trillion on Friday. Also, the All-Share Index (ASI) rose by 379.21 points, repre...
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Again, Naira Gains At Investors, Exporters Window By N461.17
February 25, 2023 No Responses

Again, Naira Gains At Investors, Exporters Window By N461.17

The Naira on Friday exchanged at N416.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.03 per cent compared with the N461.33 it exchanged on Thursday. The open indicative rate closed at N461.25...
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Naira Gains At Investors, Exporters Window By N461.33
February 24, 2023 No Responses

Naira Gains At Investors, Exporters Window By N461.33

The Naira on Thursday exchanged at N461.33 to the dollar at the Investors and Exporters window.  The figure represented an appreciation by 0.06 per cent compared with the N461.60 it exchanged on Wednesday.  The open indicative rate closed at N461.30....
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Banking Stocks Lift Market Capitalisation By N180b
February 24, 2023 No Responses

Banking Stocks Lift Market Capitalisation By N180b

The equity market on the Nigerian Exchange Ltd. (NGX) gained further on Thursday as it recorded N180 billion gains, following investors interest in Tier-one banking stocks.  The market capitalisation gained N180 billion or 0.61 per cent to close at N29.76...
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SEC Partners Pencom On Commodities Sector 
February 23, 2023 No Responses

SEC Partners Pencom On Commodities Sector 

The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with the National Pensions Commissions (Pencom) as part of measures to further deepen the commodities ecosystem.  Director General of SEC, Lamido Yuguda stated this wh...
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Winners Emerge In Ecobank Supper Reward Campaign 
February 22, 2023 No Responses

Winners Emerge In Ecobank Supper Reward Campaign 

Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated (ETI), has rewarded four customers, being winners in the Super Rewards deposit promo with N1 million each.   The Super Rewards Campaign is a customer-focused initiative ...
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ITF Disburses N24bn As Allowances 
February 21, 2023 No Responses

ITF Disburses N24bn As Allowances 

The Director-General of the Industrial Training Fund (ITF), Mr Joseph Ari, has disclosed that more than N24 billion has been disbursed by the fund as students and supervisors’ training allowances from 2016 to date.  Ari said this on Monday in...
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Market Capitalisation Gains N228b 
February 21, 2023 No Responses

Market Capitalisation Gains N228b 

Activities at the equity market of the Nigerian Exchange Ltd.(NGX) on Monday recorded a positive position, gaining N228 billion amid renewed interest in telco heavyweight, Airtel Africa.   The market capitalisation which rose by N228 billion, or 0.78...
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