NGX Archives — Page 5 of 11 — City Business News

July 4, 2023 No Responses

NGX, CIS, Stakeholders Honour Subomi Balogun

Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market stakeholders on Monday held a mock-trading session and Closing Gong Ceremony in honour of late Otunba Subomi Balogun, FCS, CON, the founder of FCMB Group. Speaking during the...

June 23, 2023 No Responses

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the f...

June 17, 2023 No Responses

Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives

The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increase...

June 10, 2023 No Responses

NGX To Host Workshop On Cross-Border Trading Requirements

Nigerian Exchange Limited (NGX) is set to host capital market stakeholders to African Exchanges Linkage Project (AELP) webinar tagged “Exchange Linkage Project – facilitating Trades across borders. City Business News report that the Webinar, which will hol...

June 7, 2023 No Responses

NGX RegCo, ISSB, FRC Harp On Sustainability Disclosures Reporting

NGX Regulation Limited, the International Sustainability Standards Board (ISSB), as well as the Financial Reporting Council (FRC) of Nigeria, have all said they remain committed to championing the drive of sustainability and climatic disclosure repor...

June 5, 2023 No Responses

NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure Standards

NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as ...

May 4, 2023 No Responses

NGX Group Declares 14.2% Decline In Q1 Gross Earnings

For the first quarter (Q1) ending March 31, 2023, Nigerian Exchange Group Plc (NGX Group) has declared its unaudited results, recording a 14.2% year-on-year (YoY) decline in gross earnings to N1.6 billion from N1.8 billion posted in Q1 2022. In...

April 26, 2023 No Responses

NGX, ETI Mull Sustainability, Market Development Partnership

Nigerian Exchange Limited (NGX) and Ecobank Transnational Incorporated (ETI) have expressed mutual interest on sustainability initiatives and overall market development. This was stated at the Closing Gong Ceremony introducing the new Group Chief Executi...

April 14, 2023 No Responses

NGX, Stakeholders To Unfold Opportunities In ETFs Market

Nigerian Exchange (NGX) in collaboration with key stakeholders in the capital market is to address major challenges and unfold opportunities in the Exchange Traded Funds (ETFs) market. Mr Clifford Akpolo, Head, Marketing and Corporate Communications, NGX in a ...

March 21, 2023 No Responses

Stock Market Investors Lose N16b

Investors at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in medium and largely capitalised stocks. The NGX All Share Index (ASI) decreased by 29.35 basis points or 0.05 per cent...

March 15, 2023 No Responses

Stock Market Investors Lose N36b

Investors on the stock market of the Nigerian Exchange (NGX) lost N36 billion at the close of trading activities on Tuesday. Specifically, the equity capitalisation which opened at N30.391 trillion, lost N36 billion to close at N30.355 trillion, representing a...

March 4, 2023 No Responses

Market Capitalisation Down By N77b

Trading activities on the Nigerian Exchange (NGX) on Friday turned bearish as bargain hunting in Seplat and 15 others drove the performance with a loss of N77 billion. In summary, the market capitalisation lost N77 billion, to close at N30.249...

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 compa...

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...