Stock Exchange Archives — Page 5 of 12

April 22, 2021 No Responses

Conoil, Lafarge Africa, GTBank Lift NGX Indices By 0.29%

Transactions on the Nigerian Exchange (NGX) Ltd. on Wednesday extended gaining streak to four consecutive trading sessions, appreciating further by 0.29 per cent. The performance was as a result of investors’ interests in Guaranty Trust Bank and Lafarge Africa. Specifically,...

April 12, 2021 No Responses

SEC Nigeria Engages Stakeholders On Fintech Roadmap Implementation

The Securities and Exchange Commission (SEC) is to discuss issues concerning the implementation of the financial technology roadmap in the market during its forth-coming virtual committee meeting sheduled for April 15 and April 16, 2021. A statement issu...

April 7, 2021 No Responses

FMDQ: Market Development For Derivatives Nears Completion

FMDQ Securities Exchange Limited has announced that the implementation of its derivatives market development project on its platform is nearing completion. The exchange disclosed this to capital market correspondents during its Academy Derivatives Market...

April 2, 2021 No Responses

Nigeria Stock Exchange Readies For New Chapter Post Demutualisation

By Oscar N. Onyema — Capital markets in Nigeria are entering a period of major change, commencing with the demutualisation of the Nigerian Stock Exchange (NSE or The Exchange), which was approved by the nation’s Securities and Exchange Commissio...

March 31, 2021 No Responses

Investors Lose N119b Amid Renewed Profit Taking

The Nigerian Stock Exchange (NSE) returned to negative territory on Tuesday with investors losing N119 billion on renewed profit taking. Consequently, the market capitalisation which opened at N20.663 trillion dipped N119 billion to close at N20.544 tril...

March 25, 2021 No Responses

NSE Recounts One Year Experience Of Remote Trading

The Nigerian Stock Exchange (NSE) on Wednesday recounted experiences of one year of remote trading occasioned by the challenges of the COVID-19 pandemic. The NSE in a statement said it activated business continuity plan which saw the transition to remote...

March 23, 2021 No Responses

Julius Berger, Stanbic IBTC Top Gainers’ Chart As Investors Earn N178b

The Nigeria Stock Exchange (NSE) reopened new trading week on Monday upbeat with the market capitalisation rebounding by N178 billion. The market capitalisation which opened at N20.081 trillion rose by 0.89 per cent to close at N20.259 trillion. Al...

March 13, 2021 No Responses

NSE’s Indices Drop Further By 0.13%

Key indicators of the Nigerian Stock Exchange closed on Friday with a loss of 0.13 per cent, as turnover volume increased by 73.59 per cent. Specifically, the All-Share Index, which opened at 38,697.17 inched lower by 48.69 points or 0.13...

March 12, 2021 No Responses

Minister Tasks Capital Market Operators On Retail Investments

The Federal Government on Thursday advised capital market operators to consider retail investments, to enable ordinary citizens in the country to invest in the market. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, made the call at ...

March 11, 2021 No Responses

NSE’s Demutualisation Approval Excites Capital Market Operators

Stockbrokers have expressed optimism that the completion of the long-awaited Demutualisation of the Nigerian Stock Exchange (NSE) would herald a new vista in the nation’s bourse. The stockbrokers said this in an interviews with the News Agency of Niger...

March 10, 2021 No Responses

Investors Lose N371b In One Trading Session

Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N317 billion in a trading session amid sell pressure on bellwethers. Specifically, the market capitalisation which opened at N20.612 trillion shed N371 billion or 1.80 per cent to close at...

March 3, 2021 No Responses

Market Capitalisation drops Further By N123b

Transactions on the Nigeria Stock Exchange (NSE) closed on Tuesday on a negative note, due to price depreciation posted by Nestle and other 25 stocks. Consequently, the benchmark index declined by 233.81 or 0.59 per cent to 39,697.62 from 39,931.63...

March 3, 2021 No Responses

Nestle Declares N60.50 Final Dividend For 2020

For the 2020 financial year, Nestlé Nigeria Plc has reported revenue of N287.08 billion. The company’s audited result released on the Nigerian Stock Exchange showed that the revenue was higher by 1.1 per cent in contrast with N284.04 billion recorded...

March 2, 2021 No Responses

Dangote Sugar Refinery Declares N26.70b Profit For 2020

For the year ended December 31, 2020, Dangote Sugar Refinery Plc (DSR) recorded profit after tax of N26.70 billion. The company stated this in its audited result released on the floor of the Nigerian Stock Exchange on Monday. The profit...