Nigerian Stock Investors Lose N13bn In One Week
The Nigerian Exchange Limited finished down last week as investors took account of the Monetary Policy Committee of the Central Bank of Nigeria's raise...
T-Bill Yield Continues As Banks Want Higher Rate
In the secondary market, the average yield on Nigerian Treasury bills steadied on Thursday at 5.7% as trading activities ended flattish as investors weigh...
NGX Falls As Investors’ Switch Their Trade Direction
After a late shift in market direction, the Nigerian Exchange, NGX, equities section fell Thursday on selloffs in a number of banking and insurance...
NGX Soars As Banking, Insurance Stocks Rally
After purchasing activity in shares of banks and insurance businesses, the Nigerian Exchange's equities division rose up Wednesday. With shifting dynamics in the money...
Naira Drops As External Reserves Slumps Below $36bn
The Nigerian Naira is losing ground in foreign currency (FX) markets after the Central Bank of Nigeria's (CBN) monetary policy committee (MPC) raised the...
Nigeria Stock Exchange Recovers As Interest Rate Spikes
The Nigerian Exchange, NGX, equities section recovers little on Tuesday as investors assess the impact of an interest rate rise on the economy and...
NGX Drops As Investors Leave Financial, Industrial Stocks
The Nigerian Exchange, NGX, equities section drops weight on Monday as investors continue profit-taking activity in the local exchange - following an N479 billion...
NGX Fines 16 Firms N779m For Market Offences
The Nigerian Exchange Limited has penalized 16 businesses for different market infractions over the course of three years. LASACO Assurance Plc, Presco Plc, Ardova...
Nigeria Equities Market Falls By N476bn
Weeks after crossing the N30 trillion threshold, the market capitalization of the Nigerian Exchange Limited fell below it last week, costing investors N476 billion.
Investors...
Nigerian Stock Market Falls Deep Ahead Of Election Day
The Nigerian stocks market fell sharply Thursday, falling below N30 trillion as a result of continued profit-taking in the local marketplace. According to data...
Nigerian Stock Exchange Slumps By N67bn Due To Selloffs
Profit-taking activity in GEREGU (-6.5%) and ZENITHBANK (-4.6%) triggered a 0.5% decrease in the All-Share Index to 55,490.20 points, extending the market's downward...
Nigerian Treasury Bills Yield Increases To 4.4%
On Tuesday, the average yield on Nigerian Treasury notes rose by 77 basis points due to secondary market selloffs. Remember that in the Central...
