Vice President, Senator Kashim Shettima, has said Nigeria’s energy transition journey under the administration of President Bola Ahmed Tinubu is unlocking an investment opportunity of over $410 billion between now and 2060 to position the nation as the heartbeat of Africa’s renewable energy revolution. According to him, over $23...
investors
The Vice President, Senator Kashim Shettima, has assured investors that the most auspicious and convenient time to choose Nigeria as an investment destination is now, saying the nation has exited its phase of economic instability. He attributed the milestone to the decision made by the administration of President Bola...
Nigerian diplomat, Amb. Godknows Igali, is advocating for government at all levels to establish robust mechanisms to protect critical investments from disruptive labour disputes, which threaten industrial growth and job creation, particularly in the Niger Delta region. Amb. Igali emphasized that while the rights of workers to fair wages...
Nigerian equities market ended Thursday on a high note, delivering a N190 billion windfall for investors as bullish momentum prevailed. Fueled by robust demand for stocks such as Cileasing, Guinness Nigeria, Livingtrust Mortgage Bank, Etranzact, and Regency Alliance Insurance, alongside 36 other advancing stocks, the market showcased strong performance....
Nigerian stock market experienced a 0.49 percent decline on Thursday, resulting in a N438 billion loss for investors, driven by heavy selloffs in key equities. The market capitalization, which started at N89.372 trillion, fell to N88.934 trillion, while the All-Share Index dropped by 691.52 points, or 0.49 percent, closing...
Enugu State Governor Peter Mbah has pledged substantial returns on investment (RoI) for businesses, crediting his administration’s strategic frameworks for fostering a conducive environment. Speaking at the launch of the multi-million naira Priceless Stores and Flamingo Restaurant in Enugu on Monday, Mbah underscored his commitment to making the state...
Nigeria Governors’ Forum (NGF) has launched a digital platform called NGF Investopedia to draw investors and tackle a $100 billion infrastructure funding shortfall. Unveiled in Abuja on Tuesday, the platform acts as a centralized hub for investors seeking reliable and transparent investment prospects across Nigeria’s 36 states. NGF Chairman...
Nigerian stock market wrapped up the week on a high note, with investors gaining N793 billion on Friday. Market capitalization grew by N793 billion, a 0.94 percent rise, closing at N85.055 trillion, up from N84.262 trillion the previous day. The All-Share Index (ASI) also advanced by 1,252.93 points, or...
Nigerian stock market ended the week on a bearish note, with investors recording a significant loss of N491 billion. The market capitalization declined by 0.64% to close at N75.962 trillion, down from N76.453 trillion the previous week. The All-Share Index also dropped by 776.92 points or 0.64% to 119,995.76...
By MBAFAN ADE, Abuja- Nigerian stock market witnessed a significant downturn on Tuesday, with investors losing ₦183 billion in total market value. The Nigerian Exchange Ltd. (NGX) market capitalization dropped to ₦72.497 trillion from ₦72.680 trillion. The All-Share Index fell by 348.61 points or 0.30%, closing at 114,910.16. Key...
The stock market on Wednesday closed on a negative note, as performance indices dipped by 0.10 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation dropped by N70 billion, falling to N68.895 trillion from N68.965 trillion on Tuesday. The All-Share Index also declined by 111.37 points or 0.10...
Stock market investors traded 2.606 billion shares worth ₦63.785 billion in 77,593 transactions this week on the floor of the Nigerian Exchange Ltd. (NGX). This compares to 2.645 billion shares valued at ₦77.005 billion exchanged in 86,110 deals during the previous week. As a result, the total value of...
The Nigerian stock market extended its positive trend, appreciating by N307 billion amid increased buying interest. Market capitalisation rose by N307 billion or 0.45 per cent to close at N68.412 trillion, compared with N68.105 trillion on Tuesday. Similarly, the All-Share Index (ASI) also climbed by 488.73 points or 0.45...
Investors on the Nigerian Exchange (NGX) Ltd. traded 2.200 billion shares worth N75.409 billion in 70,329 transactions during the week under review. This contrasts with 1.854 billion shares worth N56.025 billion traded last week in 51,386 deals. As a result, transaction value rose by 34.6 per cent, with investors...
Nigerian stock market opened the week on a bullish note on Tuesday, gaining N318 billion on the Nigerian Exchange Ltd after the two-day Easter break. Market capitalisation rose by N318 billion or 0.49 per cent, closing at N65.817 trillion compared with Thursday’s figure of N65.499 trillion. Similarly, the All-Share...
Stock market investors traded 1.525 billion shares worth N43.006 billion in 51,156 transactions this week on the floor of the Nigerian Exchange Ltd. This is in contrast to 2.094 billion shares valued at N52.967 billion that exchanged hands last week in 64,612 deals. Consequently, the value of transactions traded...
Trading on the Nigerian Exchange Ltd. (NGX) ended negatively on Wednesday, with market capitalisation falling by N445 billion after a day of positive performance. The NGX market capitalisation dropped by N445 billion, or 0.68 per cent, closing at N65.259 trillion, down from Tuesday’s N65.704 trillion. Similarly, the All-Share Index...
Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion. The NGX market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 159.88...
The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation declined by N659 billion or 1.01 per cent, falling to N65.488 trillion from N66.147 trillion recorded on Friday. Similarly, the All-Share Index dropped sharply by...
Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Ltd. This is in contrast to 7.521 billion shares valued at N398.949 billion that exchanged hands last week in 61,312 deals last week. Consequently, the value of...