NGX Archives — Page 8 of 10 — City Business News

December 24, 2021 No Responses

DLM Capital Quotes N2.25b Commercial Papers On FMDQ

DLM Capital Group Ltd has quoted N1.24 billion Series 1 and N1.01 billion Series 2 Commercial Papers (CPs) on the FMDQ Securities Exchange Ltd platform. A statement issued by FMDQ Exchange on Thursday explained that the quotation was approved by the...

December 14, 2021 No Responses

Nigeria’s Green Bond Market Exceeds N55b

The value of Nigeria’s green bonds market has grown to N55.52 billion in four years, from 2017 to 2021, Nigerian Exchange (NGX) disclosed on Monday. The Chief Executive Officer, NGX, Mr Temi Popoola, said this during the Sustainable Finance Training...

December 9, 2021 No Responses

Ecobank Group Explains N104.51b Profit In Nine Months

For the nine months ended September 30, 2021, Ecobank Transnational Incorporated (ETI) has announced Profit after tax of N104.51billiion, an increase of 916 per cent when compared with N10.28billion reported within same period in 2020. According to ...

December 9, 2021 No Responses

Nigerian Stock Market Sustains Growth By N217b

Sentiments remained positive in the domestic stock market on Wednesday with a growth of N217 billion arising from price rally recorded by MTN Nigeria Communications (MTNN) and 19 other stocks. Specifically, the market capitalisation inched higher by N217...

December 8, 2021 No Responses

NGX Recovers N5b

The Nigerian stock market rebounded on Tuesday by five billion naira to halt six days consecutive bearish outing. Specifically, the market capitalisation which opened at N21.920 trillion inched higher by five billion or 0.02 per cent to close at N21.925....

December 2, 2021 No Responses

Photo News

L-R: Executive Commissioner Operations Securities and Exchange Commission Mr Dayo Obisan, Editor CNBC Mr Wole Famurewa, Fiscal Policy Partner and Africa Tax Leader Mr Taiwo Oyedele and Managing Director, CSCS Plc Mr Haruna-Jalo Waziri during the NGX Capita...

December 1, 2021 No Responses

NGX Drops Further By N12b

The Nigerian stock market ended trading for the month of November on Tuesday still on a bearish note with a loss of N12 billion. Specificaly, the market capitalisation inched lower by N12 billion or 0.05 percent to close at N22.566...

November 30, 2021 No Responses

NGX Records N20b Loss

Trading in the domestic equities market started the week on Monday with negative sentiments following sell pressure in 20 stocks. Speficially, the market capitalisation which opened at N22.598 trillion lost N20 billion or 0.09 per cent to close at N22.57...

November 18, 2021 No Responses

NGX Outlines Benefits Of Special Purpose Acquisition Firms

The Nigerian Exchange Ltd (NGX) has identified the Special Acquisition Compaines (SPACs) as a timely solution that will offer an alternative route to increasing the number of listings in the capital market. The Head, Listing Business of the NGX, Mr...

November 16, 2021 No Responses

Seplat Confirms Exchange Rate To Determine Interim Dividend For Q3

Seplat Energy Plc has confirmed the currency exchange rates to be applied in determining the interim dividend for the third quarter of 2021. The Company’s Chief Financial Officer, Mr Emeka Onwuka, disclosed this in a notice sent to the Nigerian...

November 9, 2021 No Responses

Renewed Interest In Airtel, MTN, Others Lift NGX By N644b

Transactions on the Nigerian stock market closed on a positive note on Monday with the market capitalisation gaining N644 billion to hit N22 trillion mark, amid gains by telecommunication companies. Specifically, the market capitalisation inched higher b...

November 4, 2021 No Responses

SEC Nigeria Urges Sustained Green Investments In Capital Market

The Securities and Exchange Commission (SEC) has reiterated the need to facilitate the issuance of green and sustainable instruments in the Nigerian capital market, saying such issuances will go a long way to assist in financing solar energy and other...

November 3, 2021 No Responses

Adeniyi Falade Joins Custodian Investment Board

By Moses Ebosele, ebosele@hotmail.com The Board of Custodian Investment Plc at the Board meeting held on October 27, 2021, approved the appointment of Mr. Adeniyi Falade as a Director on the Company’s Board with effec from January 1,...

October 30, 2021 No Responses

Guinness, Custodian Insurance, AIICO Top Gainers’ Chart As Bulls Sustain Dominance On NGX

The bulls maintained dominance on the Nigerian Exchange Ltd (NGX) on Friday with the All-Share Index crossing 42,000 mark on sustained gains. Specifically, the index inched higher by 77.46 points or 0.18 per cent to close at 42,038.60 from 41,961.14...