Stock Market – Page 5 – City Business News

December 7, 2021 No Responses

eTranzact: Resolving 70m Unbanked Population Will Increase Market Participation

The Managing Director/Chief Executive Officer of eTranzact International Plc, Mr Olaniyi Toluwalope, has said that leveraging technology could help close the investment gap in the capital market. Toluwalope said this at the Capital Market Correspondents Association of Nigeria (CAMCAN) 2021...

December 7, 2021 No Responses

Market Capitalisation Dips Further By N83b

Transactions in the domestic equities market carried on last week’s bearish performances with the indices dropping by 0.38 per cent, amid sell pressure. Thus, the All-Share Index declined by 159.31 points or 0.38 per cent to close at 42,008.60 from...

December 5, 2021 No Responses

SEC Implores Capital Market Stakeholders On Technology Innovations

The Director-General, Securities and Exchange Commission (SEC), Lamido Yuguda has challenged stakeholders in Nigeria’s capital market to leverage technology as part of measures to boost financial inclusion. In his keynote address on Sat...

December 3, 2021 No Responses

Nigerian Stock Market Extends Losing Streak By N113b

The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others. Specifically, the market capitalisation dropped further by N113 billion or 0.51 per cent to close at N22.044 trillion from...

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 10, 2021 No Responses

SEC Nigeria Urges Corporates to Leverage on Islamic Capital Market

As part of its developmental role, the Securities and Exchange Commission (SEC) has reiterated its commitment to encourage corporates to leverage on the Islamic Capital Market by providing and ensuring an attractive enabling environment. Dire...

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...

October 28, 2021 No Responses

SAHCO Attains N6.4b Revenue In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the nine months period ended September 2021, Skyway Aviation Handling Company Plc (SAHCO) attained N6.2b (N6,423,637) revenue, compared with N4.9 (N4,955,544) recorded within same period in 2020.&n...

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 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 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...

September 23, 2021 No Responses

Cryptocurrencies In Circulation Exceed 5,000 In 12 Months

The cryptocurrency sector is still growing, attracting more investors aiming to leverage various benefits of the industry. Additionally, the number of new cryptocurrencies joining the market is also accelerating as creators seek to leverage t...