NGX Implores Investors On Long-Term Investments

NGX Implores Investors On Long-Term Investments

The Nigerian Exchange (NGX) Limited has advised investors to consider long-term investments, for maximum returns from those on listed companies.  The Head, Market Surveillance/Investigation, NGX Regulation, Mr Abimbola Babalola, gave the advice at a virtual training to commemorate the 2021...
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27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

The Okitipupa Oil Palm Plc has resolved to pay its shareholders 25k dividends for the year ended December 31, 2020,  27 years after it last paid.  Chairman of the Board of Directors, Chief Mobolaji Osomo,  made the disclosure at the 31st...
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Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Transaction at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in large and medium capitalised stocks  Specifically, the market capitalisation, which opened at N20.409 trilli...
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MRS Oil, Vitafoam Top Gainers’ Table As Investors Earn N94b On NGX

MRS Oil, Vitafoam Top Gainers’ Table As Investors Earn N94b On NGX

Transactions on the Nigerian Exchange (NGX) closed Monday upbeat with a N94 billion growth.  Specifically, the market capitalisation returned to the N20 trillion mark, increasing by N94 billion to close at N20.034 trillion from N19.940 trillion on Friday....
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Investors Lose N148b As ABC Transport Top Gainers’ Table

Investors Lose N148b As ABC Transport Top Gainers’ Table

The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions.  Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to c...
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Investors Lose N119b Amid Renewed Profit Taking

Investors Lose N119b Amid Renewed Profit Taking

The Nigerian Stock Exchange (NSE) returned to negative territory on Tuesday with investors losing N119 billion on renewed profit taking.  Consequently, the market capitalisation which opened at N20.663 trillion dipped N119 billion to close at N20.544 tril...
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Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%

Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%

The Nigerian Stock Exchange (NSE) maintained positive sentiment on Thursday with the market indices growing further by 0.53 per cent due to investors’ interest in Stanbic IBTC and MTN Nigeria.  Speficially, the All-Share Index advanced further by 207.86...
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Julius Berger, Stanbic IBTC Top Gainers’ Chart  As Investors Earn N178b

Julius Berger, Stanbic IBTC Top Gainers’ Chart As Investors Earn N178b

The Nigeria Stock Exchange (NSE) reopened new trading week on Monday upbeat with the market capitalisation rebounding by N178 billion.  The market capitalisation which opened at N20.081 trillion rose by 0.89 per cent to close at N20.259 trillion.  Al...
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Nigeria Partners Chinese Investors On Irrigation Farming, Rice production

Nigeria Partners Chinese Investors On Irrigation Farming, Rice production

The Nigerian Government has endorsed a partnership between the All Farmers Association of Nigeria (AFAN), investors linked to the Chinese government, as well as Brains and Hammers private firm to boost irrigation farming.   The partnership ...
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Investors Lose N371b In One Trading Session

Investors Lose N371b In One Trading Session

Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N317 billion in a trading session amid sell pressure on bellwethers.  Specifically, the market capitalisation which opened at N20.612 trillion shed N371 billion or 1.80 per cent to close at...
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Emefiele Woos Investors, Promises CBN’s Support

Emefiele Woos Investors, Promises CBN’s Support

The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has advised indigenous and multinational firms to consider the opportunities that Nigeria offers and begin to set up their manufacturing lines in Nigeria.  Emefiele gave the advice at.....
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SEC: Ponzi Schemes, Threat To Investor Protection

SEC: Ponzi Schemes, Threat To Investor Protection

The continued activities of Ponzi schemes have been described as a threat to the protection of investors, the functioning of a fair and orderly financial market as well as the development of the economy at large.  Director General of the...
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Bayelsa Seeks Private Investors For Modular Refinery

Bayelsa Seeks Private Investors For Modular Refinery

The Bayelsa  Government is shopping for investors to establish a modular refinery as part of measures to fasttrack socio-economic development of the State. The Technical Adviser to the Governor on Investment, Dr Jonathan Obue...
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SIFAX Group Gets Company Of The Year, Investor Of The Year Awards

SIFAX Group Gets Company Of The Year, Investor Of The Year Awards

SIFAX Group has won two awards. The awards are Company of the Year and Investor of the Year 2020 awards. The award was bestowed on the company by the management of New Telegraph Newspaper at the Group’s corporate head office,...
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