NGX Archives — City Business News

July 11, 2024 No Responses

NGX Unveils Impact Board For Sustainable Instruments

Nigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing sustainability instruments, following approval from the Securities and Exchange Commission (SEC). This initiative was announced during a Closing Gong Ceremony in Lagos on Wednesday, July 10th,...

July 5, 2024 No Responses

NGX Group Confirms Chiemeka as CEO Of NGX Limited

Nigerian Exchange Group Plc (NGX Group) has confirmed the appointment of Mr. Jude Chiemeka as the substantial Chief Executive Officer of Nigerian Exchange Limited, its operating exchange subsidiary. According to NGX Group, the appointment was effec...

June 21, 2024 No Responses

Photo News

L–R: Chief Executive Officer, NGX Regulation Limited (NGX RegCo), Mr. Olufemi Shobanjo; Ag. Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka; Chairman, NGX, Mr. Ahonsi Unuigbe; Managing Director/CEO, Fidelity Bank Plc, Mrs. Nneka O...

June 12, 2024 No Responses

Presco Sustains Growth, Explains New Appointments

By citybusinessnews@yahoo.com – Investors’ appetite for the shares of Presco Plc continued on Tuesday as the stock gained 9.97 per cent on NGX. At the end of the day’s transactions, the share price of Presco Plc increased to&nbsp...

May 11, 2024 No Responses

NGX Lists N4.075b AVA Infrastructure Fund

Nigerian Exchange (NGX) Limited on Friday listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform. A statement signed by the head, Issuers Regulation Department of NGX, Godstime Iwenekhai explained that “trading lic...

April 9, 2024 No Responses

UBA Declares N2.30kobo Final Dividend For 2023

United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023. The 2023 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Monday, showed an impressive leap in gross...

April 9, 2024 No Responses

NGX Group GMD Elected CSCS Chairman

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeeding Mr. Oscar N. Onyema, OON, who retired ...

April 8, 2024 No Responses

NGX Group Acquires Stake In Ethiopian Securities Exchange

Nigerian Exchange Group Plc (NGX Group) has announced what it described as “a significant investment” in the Ethiopian Securities Exchange (ESX). A statement issued at the weekend explained that NGX Group is among the top institutional investors that...

April 7, 2024 No Responses

VFD Group CEO, Nonso Okpala Joins CSCS Board

Central Securities Clearing System Plc (CSCS), Nigeria’s premier Financial Market Infrastructure company, has appointed Nonso Okpala, Group Managing Director/CEO of VFD Group, into its Board. Nonso Okpala, who currently serves as the Group Managing Direc...

April 3, 2024 No Responses

Transcorp Power Declares N3.13 Dividend

Transcorp Power Plc (Transcorp Power) has reported N453 billion profit before tax for the year ended December. 31, 2023. Mr Stanley Chikwendu, Group Company Secretary, Transcorp Power, said this indicated a surge of 85 per cent, when compared with N439...

April 3, 2024 No Responses

Transactions On NGX Decline By N25b

The value of transactions on the Nigerian Exchange (NGX) dropped by 13.81 per cent on Tuesday after two days of Easter break. Consequently, the market capitalisation shed N25 billion or 0.04 per cent to close at N59.095 trillion, as against...

March 27, 2024 No Responses

SEC, NGX Group, ASHON, Others Celebrate Oscar Onyema

The Securities & Exchange Commission (SEC), Nigerian Exchange Group Plc, Association of Securities Dealing Houses of Nigeria (ASHON) among other key stakeholders on Tuesday celebrated the outgoing Group Chief Executive Officer of Nigerian Exchange Group Pl...

March 24, 2024 No Responses

NGX RegCo, Financial Reporting Council, Unveil Report On Adoption Of Sustainability Reporting Standard

The regulating body of the Nigerian Exchange Group, the NGX Regulation Ltd. (NGX RegCo) and Financial Reporting Council of Nigeria (FRCN), at the weekend launched roadmap for the adoption of the Sustainability Financial Reporting Standard in Nigeria. The lunch...

February 27, 2024 No Responses

Market Capitalisation Drops By N51billion

The market capitalisation of the Nigerian Exchange Ltd. (NGX) Monday dropped by N51 billion. Specifically, the market capitalisation opened at N55.861 trillion to close at N55.810 trillion, representing 0.09 per cent decrease.The All-Share Index also dropped b...