Investors mixed sentiments prevailed yesterday in the stock market of Nigerian Exchange Limited (NGX), leading to a 0.004 percent gain. The NGX All Share Index (ASI) rose by 2.01 basis points or 0.004 percent to 49,627.72 basis points from 49,625.71…
Banks drive 85% financial sector’s contribution to turnover
Three bank stocks – Sterling Bank Plc, Fidelity Bank Plc, and Access Holdings Plc – drove activities in the financial service sector of the Nigerian Exchange Limited (NGX) last week. With the development, the financial sector maintained its dominance in…
Equities’ rebound lifts indices by N43 billion
Following gains recorded by BUA Cement and nine other stocks, the Nigerian Exchange Limited (NGX) rebounded yesterday, causing market capitalisation to inch up by N43 billion. In summary, the All-Share Index (ASI) grew by 80.03 absolute points, representing a rise…
FG’s multi-tranche $4bn Eurobonds listed on NGX
Nigerian Exchange Limited (NGX) says the Federal Government of Nigeria (FGN) has listed $4 billion Eurobonds on its platform. NGX disclosed this on Monday on its official Twitter handle. Eurobond issuances are debt instruments denominated in a different currency than…