NGX Archives — Page 8 of 11 — City Business News

September 1, 2022 No Responses

Fidelity Bank Explains N21.6b Profit, 10k Interim Dividend In H1

Fidelity Bank Plc has released its H1 2022 results recording 21.6% growth in profit to N21.6bn as well as growth in most key ratios. According to the report released on the Nigerian Exchange (NGX) on Tuesday, 30 August 2022, the...

August 25, 2022 No Responses

Stock Market Recovers N65b

Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement, Nestle and Stanbic Bank Specifically, the market capitalisation gained N65 bil...

July 2, 2022 No Responses

NGX Suspends Ardova, Niger Insurance, C&I Leasing, Others

The Nigerian Exchange Limited (NGX) has suspended nine companies, effective Friday, 1 July 2022, having failed to file their Audited Financial Statements for the year ended 31 December 2021. The companies according to a statement from the NGX include Afr...

June 22, 2022 No Responses

Stock Market Rebounds, Capitalisation Increases By N180b

The market capitalisation of the Nigerian Exchange (NGX) closed trading on Tuesday with a gain of N180 billion to close at N27.544 trillion against N27.364 trillion posted on Wednesday, halting five days of consecutive losses. Similarly, the All-Share In...

June 10, 2022 No Responses

NGX Implores Firms On Sustainable Business Practices

Chief Executive Officer of Nigerian Exchange (NGX), Mr Temi Popoola, has called on organisations to adopt sustainable business practices and report sustainability performance to stakeholders. Popoola made this call while speaking at the Digital Closing G...

June 2, 2022 No Responses

Okomu Oil Tops Loser’s Table As Market Capitalisation Drop By 9billion

Bearish sentiment continued at the Nigerian stock market on Wednesday following sell-off in Okumu Oil and Fidelity Bank stocks. Specifically, the market capitalisation lost N9 billion or 0.03 per cent to close at N28.558 trillion from N28.567 trillion on...

May 16, 2022 No Responses

SAHCO Wins Best Performing Stock Award

Skyway Aviation Handling Company Plc (SAHCO) has won the award of “Best Performing Stock” for the year 2021 at the Nigerian Investor Value Awards 2022 (NIVA) hosted by BusinessDay and the Nigerian Exchange (NGX). A statement issued by Man...

April 1, 2022 No Responses

Investdata Q2 Master Class On Opportunities In Volatile Market Holds Saturday

Investdata Consulting Limited will on Saturday hold its regular quarterly master class on 2022 titled Trading opportunities in a volatile market and defensive sectors in a pre-election year, between 9am and 4pm, on Saturday, April 2, 2022, via Zoom. A...

March 11, 2022 No Responses

Oando, UACN, Others Lift Market Capitalisation By N42b

Gains recorded by some large and medium capitalised stocks on Thursday lifted market capitalisation by N42 billion. The stocks include Oando, UACN, Jaiz Bank and R.T Briscoe. Specifically, the market capitalisation rose to N25.527 trillion, represe...

March 4, 2022 No Responses

NGX Group Records N6.8b Gross Earnings In 2021

The Nigerian Exchange (NGX) Group Plc gross earnings grew to N6.8 billion in its audited financial results for the year ended December 31, 2021. The group, in a statement on Thursday in Lagos, said the figure represented 13 per cent...

February 21, 2022 No Responses

Photo News

L-R: Executive Commissioner Operations, Securities and Exchange Commission Mr Dayo Obisan, Director General SEC Mr Lamido Yuguda and CEO Nigerian Exchange Limited (NGX) Mr Temi Popoola during a Meeting between The SEC and NGX in Lagos at the ...

February 4, 2022 No Responses

NGX Lists Key Growth Drivers For 2022

The Nigerian Exchange (NGX) Ltd. has listed five key areas it will pursue to make significant strides in 2022. The Chief Executive Officer, NGX, Mr Temi Popoola, listed the key areas as building on digital transformation, listings and delistings, technol...

January 28, 2022 No Responses

NGX Loses N281b Amid Profit-Taking On Dangote Cement

The bears resurfaced at the nation’s bourse on Thursday as a result of profit taking in Dangote Cement and 17 other stocks. Accordingly, the All-Share Index declined by 520.76 per cent or 1.12 per cent to close at 46,009.23 from...

January 27, 2022 No Responses

NGX Market Capitalisation Crosses N25trillion

Transactions on the nation’s bourse sustained positive momentum on Wednesday with the market capitalisation growing by N318 billion to cross over N25 trillion mark. At the end of the day’s transaction, the market capitalisation rose b...