Tag: Capitalisation

NGX Market Capitalisation Up By N1.8trillion In July
August 1, 2023 No Responses

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...
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NGX Extends Bullish Run, Indices Up 0.46% 
December 29, 2022 No Responses

NGX Extends Bullish Run, Indices Up 0.46% 

The Nigerian Exchange (NGX) on Wednesday extended its bullish trend with market capitalisation rising by N125 billion or 0.46 per cent to close at N27.198 trillion from N27.073 on Friday.  Also, the All-Share Index (ASI) gained 228.51 points or 0.46...
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Ardova Explains N192.47b Revenue, N20.91b Shareholders’ Funds For 2021
September 28, 2022 No Responses

Ardova Explains N192.47b Revenue, N20.91b Shareholders’ Funds For 2021

By Moses Ebosele, ebosele@hotmail.com   — For the 2021 financial year, Ardova Plc attained a gross revenue of N192.47 billion, representing a 5.95  per cent increase from the 2020 revenue of N181.66 billion, whilst the group revenue closed a...
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Dangote Cement Completes N116b Bonds
May 4, 2022 No Responses

Dangote Cement Completes N116b Bonds

‘ Dangote Cement has completed its N116 billion series 2 bond issuance which is the largest corporate bond issuance in the Nigerian capital market.    In a statement published on the Nigerian Exchange Ltd Website on Wednesday, the company expla...
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NGX Group Listing Lifts Market Capitalisation By N192b
October 16, 2021 No Responses

NGX Group Listing Lifts Market Capitalisation By N192b

The Nigerian Exchange Group (NGX Group) listing on Friday lifted the market capitalisation of Nigerian Exchange Ltd (NGX) by N192 billion.  The News Agency of Nigeria (NAN) reports that NGX Group listed a total of 1.96 billion shares at N16.15...
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NGX Market Capitalisation Increases By N124b
April 17, 2021 No Responses

NGX Market Capitalisation Increases By N124b

Trading on the Nigeria Exchange Ltd ended on a positive note on Friday with the market capitalisation appreciating by N124 billion due to gains in some blue chips.  The market capitalisation increased 0.61 per cent to N20.310 trillion, from N20.186...
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BUA Cement, Zenith Bank, UBA Lift Market Capitalisation By N69b
March 2, 2021 No Responses

BUA Cement, Zenith Bank, UBA Lift Market Capitalisation By N69b

Transactions on the Nigerian Stock Exchange (NSE) commenced the week and month on Monday on a bullish trend, following uptick in BUA Cement, Zenith Bank and UBA.  Specifically, the market capitalisation increased by N65 billion or 0.33 per cent to...
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NSE Market Capitalisation Crosses N20tr Mark
December 24, 2020 No Responses

NSE Market Capitalisation Crosses N20tr Mark

Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark.  The sustained rally was as a result of buying interests in some...
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