NGX – Page 12 – City Business News

October 26, 2021 No Responses

BUA Cement Declares N65.91b Profit In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the third quarter ended September 30, 2021, BUA Cement Plc has declared Profit After Tax of N65.91 billion, 23.22 percent higher than the N53.49 billion attained within same period in 2020. Within the period under...

October 19, 2021 No Responses

NGX Opens Week With N153b Loss On MTNN, Nestle Loses

Trading in the domestic bourse resumed for the week on Monday with bearish sentiments due to profit-taking in bellwether stocks – MTNN and Nestle. Specifically, the market capitalisation lost N153 billion or 0.71 percent to close at N21.471 trillion from.....

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...

October 15, 2021 No Responses

Oscar Onyema Resigns From NGX Board

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Exchange Limited (NGX) has announced the resignation of Mr. Oscar N. Onyema, OON, as Non-Executive Director, with immediate effect. A statement sent to City Business News by Acting Head, Corpo...

October 13, 2021 No Responses

BUA Cement, FBNH Lift NGX With N95b

The nation’s bourse rebounded by N95 billion on Tuesday following investors’ interest in BUA Cement and FBN Holdings (FBNH). Consequently, the market capitalisation rose by N95 billion or 0.45 percent to close at N21.310 trillion compared with N21.21...

October 12, 2021 No Responses

Osinbajo Clarifies View On Exchange Rate

Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, has made clarifications on Vice President Yemi Osinbajo’s view on the naira exchange rate. Akande, in a statement on Tuesday, explained that the...

October 12, 2021 No Responses

NGX Group Seeks Global Competitiveness

The Nigerian Exchange Group Plc (NGX Group) says it will leverage organic and inorganic growth opportunities for business expansion across relevant business categories to increase global competitiveness. The Group Chief Executive Officer, NGX Group, Mr O...

October 11, 2021 No Responses

NGX: Group Protest Onyema’s Appointment, Listing

Transparency group, Nigeria for All Nigerians (NAN) has called on the concerned regulatory authorities to stop violation of the Nigerian Investments and Securities Act by the impending listing by the introduction of the shares of Nigerian Exchange Group on th...

October 8, 2021 No Responses

FBN Drives Trading On NGX, Exchanges 605.01m Shares

FBN Holdings Plc (FBNH) emerged the most traded stock by volume on the Nigerian Exchange Ltd on Thursday. Specifically, the company accounted for 605.01 million shares worth N8.90 billion. Fidelity Bank followed with 20.59 million shares valued at ...

October 7, 2021 No Responses

NGX Group To List 1.96b Shares By Introduction

The Nigerian Exchange Group Plc. (NGX Group) on Thursday confirmed its intention to list on the main board of the Nigerian Exchange Ltd. (NGX). A statement sent to City Business News explained that the planned listing follows successful completion of...

October 7, 2021 No Responses

NGX Market Indices Extend Gain By 0.12%

Activities on the domestic equities market closed Wednesday on a positive note, extending the gaining streak to five consecutive trading sessions. The positive outcome was buoyed by investors’ buy-interests in banking and industrial sectors, with marke...

October 1, 2021 No Responses

NGX Doubles Down On Goal For Financial Inclusion, Empowering Individual Investors

By Olumide Bolumole, Divisional Head, Listings Business, Nigerian Exchange Limited — Nigeria, a country with an adult population of 106 million, offers a vast market for financial services. Despite this it faces the expectation of a 16.8% shortfall i...

August 25, 2021 No Responses

NGX Group Commemorates 60th Anniversary

The Nigerian Exchange Group (NGX Group) Plc on Tuesday celebrated 60 years of its operations. The NGX Group Chairman, Otunba Abimbola Ogunbanjo, in a statement, paid tribute to the original subscribers to the articles of association. He named them as;....

August 11, 2021 No Responses

Airtel Africa, Unity Bank Top Gainers’ Chart As NGX Gains N318b

The Nigerian Exchange (NGX) on Tuesday gained N317billion due to buying investors interest in 21 stocks. At the end of the day’s transactions, the market capitalisation rose by N317 billion to close at N20.411 trillion against N20.094 trillion re...