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Saturday, December 3, 2022

FMDQ Group Celebrates Market Participants At The 5th FMDQ GOLD Awards

FMDQ Group PLC ("FMDQ Group" or the "Group"), as a critical financial market infrastructure group in Nigeria, is cognisant of the important role the...

Bonds, Treasury Trade Reduces As Inflation Sparks Concerns

As the market assesses the effects of growing headline inflation on naira assets, the rates on Federal Government Bonds and Nigerian Treasury Bills (NTB)...

Lafarge Africa’s Market Value Drops By N34.6bn

Lafarge Africa's market capitalisation dropped by over N30 billion at the close of trading on Tuesday, November 15, 2022. At the end of the trading...

Stock Returns Drop As Investors Lose N164bn

Due to selloffs in the shares of major and mid-capitalized listed firms that are traded on the local market, the equities section of the...

Inflation Increases Consumption Expenditure To N57tn

In the first half of 2022, Nigerians' consumer spending increased to N57.08 trillion due to rising inflation. According to the National Bureau of Statistics'...

NGX Soares As Investors Hunt For Upside In Geregu, FBNH, UBA

The Nigerian Exchange, NGX, equities section soared as investors increased their holdings of Geregu Power Plc, FBNH, UBA, and Zenith Bank, among others. As a...

Nigerian Stock Market Closes Flat As ASI Settles

The stock market of the Nigerian Exchange Limited (NGX) traded flat as the All Share Index (ASI) gained 0.001 per cent to close at...

NGX: Investors Lose N3.28tn In Three Months

Between August 1 and October 31, 2022, tick market participants on the floor of the Nigerian Exchange Limited lost N3.28 trillion of their investment. The...

UPDC REIT Announces Dividend Payment Of 17 Kobo And 1 Kobo Per Share

UPDC Real Estate Investment Trust (UPDC REIT), the largest real estate investment trust in Nigeria by market capitalization on the Nigerian Exchange Limited (NGX),...

Yield Hits 14.3% As Market Repriced Bonds

According to a bevy of specialists, the average yield on Federal Government of Nigeria, FGN, bond instruments jumped to 14.3% in the recent past...

Stock Market Slumps As Dangote, Airtel Africa Shares Fall

The Nigerian Exchange was a carnage, with the local market ending in the red. The market suffers a N237 billion loss as investors begin...

Nigeria Stock Market Sees First Red This Week

The domestic equities market ended on a sour note for the first time this week, with the NGX-ASI falling 52 basis points to settle...

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