Monday, October 2, 2023
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NGX Stock Market Value Falls As Investors Sell OANDO, MTNN

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The market value of all stocks listed on the Nigerian Exchange (NGX) fell by more than N35 billion as some equity investors liquidated positions...

Naira Falls To 980/Dollar, FX shortage Worsens

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After trading at 980/$ on the parallel market on Wednesday, the naira maintained its downward path. The naira was worth 950 to the dollar...

NGX Market Cap Falls By ₦13bn As Investors Snatch Profit

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The Nigerian Exchange (NGX) market capitalisation declined by roughly ₦13 billion midweek as a result of profit-taking on equities of listed firms that had...

Naira Value Falls As FX Turnover Drops By 59%

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The Nigerian naira fell to N774 per US dollar on Monday after $165 million in foreign exchange (FX) transactions at the Nigerian Autonomous Foreign...

NGX Increases By N263bn As UBA, Oando, Airtel Rally

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The Nigerian Exchange (NGX) gained more than N263 billion on Monday, thanks to continued interest in UBA, Stanbic IBTC, and OANDO shares, as well...

Yield On T-Bills Balances After Higher Spot Rates

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The secondary market for Nigerian Treasury notes was calm, with the average yield remaining at 8.0%. Similarly, the average yield on OMO bills remained...

Nigeria’s Debt Increases To N87.4trn

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Following the Central Bank's decision to securitize overdrafts, Nigeria's overall public debt has risen dramatically to around N87.4 trillion. The Debt Management Office (DMO)...

NGX Equity Market Balances As Investors Make N338bn

CAPITAL MARKET
On Wednesday, the equities market recovered from two days of losses, with investors gaining N338 billion. The Nigerian Exchange Limited market capitalisation fell by...

NGX Equities Investors Lose N294bn To Selloff On Nigerian Bourse

BUSINESS & ECONOMY
As the Nigerian stock market's value fell further, equity investors lost around N294 billion. Following the downgrade of the Nigeria Index by FTSE Russell,...

Naira Sells For N742 As FX Transactions Falls To $42.6m

BUSINESS & ECONOMY
The Nigerian naira exchange rate is presently N742 per US dollar in the Investors and Exporters FX window, with the total amount of foreign...

Naira Value Falls 7% As FTSE Decreases Nigeria Index

BUSINESS & ECONOMY
According to FMDQ statistics, the Nigerian Naira fell by 7.08% versus the US Dollar at the Investors' and Exporters' FX Window, ending at N773.50...

Equities Market Drops By N112bn As Investors Book Profit

BUSINESS & ECONOMY
The Nigerian Exchange (NGX) stocks market lost around N112 billion on Thursday as investors profited from the Lagos bourse following a two-day protest by...
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