NGX Archives — Page 3 of 11 — National Accord Newspaper

Offor Callistus March 28, 2025

Trading activities on the Nigerian Exchange Ltd. (NGX) on Thursday closed on a negative note, with the market capitalisation declining further by N31 billion. Specifically, the NGX market capitalisation fell by N31 billion, or 0.05 per cent, to close at N66.109 trillion from N66.140 trillion recorded on Wednesday. Also,...

BUSINESS

UBA dividend payment lifts market with N369bn gain

Offor Callistus March 25, 2025

The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on...

BUSINESS

Oando wins bid for Guaracara refinery lease in Trinidad & Tobago

Offor Callistus March 11, 2025

Oando Nigeria’s subsidiary, Oando Trading, has been officially selected as the preferred bidder to lease the refinery assets of Guaracara Refining Company (GRC) from Trinidad Petroleum Holdings Ltd. (TPHL). The selection followed a formal written notification and an announcement by the Honourable Minister for Energy of Trinidad and Tobago...

BUSINESS

Stock market gains N52bn on cautious trading

Offor Callistus March 11, 2025

The stock market opened the week positively, with investors gaining N52 billion and performance indices rising by 0.08 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.08 per cent to N66.769 trillion from an opening of N66.717 trillion recorded on Friday. The All-Share...

BUSINESS

Stock market drops 0.23%, investors lose N151bn

Offor Callistus March 8, 2025

The Nigerian stock market on Friday witnessed a downturn as performance indices declined by 0.23 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N151 billion or 0.23 per cent to N66.717 trillion from N66.868 trillion recorded on Thursday. Also, the All-Share Index dropped by 0.23...

BUSINESS

Stock market down by 0.52%, investors lose N345bn

Offor Callistus March 5, 2025

The stock market on Tuesday witnessed a downturn as performance indices declined by 0.52 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N345 billion or 0.52 per cent to N66.942 trillion from N67.287 trillion recorded on Monday. Also, the All-Share Index dropped by 0.52 per...

Nigerian News

Tinubu pledges support for Fintech companies as Flutterwave seeks listing on NGX

Offor Callistus February 23, 2025

By DAVID IORJA, Abuja – President Tinubu said his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans. President Tinubu said this when he received the leadership of Flutterwave and Alami Capital in Abuja on Saturday afternoon, according to a statement...

CHIDI AMUTA On Sunday

Market capitalisation gains N347bn as FCMB lists 19.803bn shares

Offor Callistus January 31, 2025

The Nigerian stock market maintained its upward momentum on Thursday, driven by the listing of 19.803 billion ordinary shares of FCMB Plc at 50k per share. This contributed an additional N347 billion gains to the market capitalisation at the close of the session. Notably, the market capitalisation, which opened...

BUSINESS

Investors gain N364bn as NGX closes bullish

Offor Callistus January 30, 2025

The Nigerian equities market closed bullish on Wednesday, leading to N364 billion gains for investors. The positive performance was driven by the release of full-year 2024 financial results from listed companies. Specifically, the market capitalisation, which opened at N64.156 trillion, added 364 billion or 0.57 per cent to close...

BUSINESS

Investors gain N795bn as GTCO lists N4.706bn shares

Offor Callistus January 28, 2025

The Nigerian stock market opened the week on a positive note to add N795 billion to the portfolios of investors. The performance was driven by the listing of 4.706 billion ordinary shares of Guaranty Trust Holding Company Plc(GTCO) at N44.50 per share. Accordingly, the market capitalisation which opened at...

BUSINESS

NGX opens positive, market cap increases by N10bn

Offor Callistus January 21, 2025

The Nigerian stock market started the week on a positive note, recording a gain of N10 billion or 0.02 per cent, boosting investor portfolios. The Nigerian Exchange Ltd. (NGX) market capitalisation increased from N62.851 trillion at the opening to N62.861 trillion at the close of trading on Monday. Similarly,...

BUSINESS

Investors lose N1.1trn as MTN, Zenith, Dangote Sugar decline

Offor Callistus January 15, 2025

Bearish sentiments persisted on the stock market on Tuesday, making investors incurred a loss of N1.1 trillion. Selloffs in MTN Nigeria, Zenith Bank, Guaranty Trust Holding Company Plc (GTCO), Dangote Sugar and United Capital, among others declined equities further drove the market to a negative terrain. Specifically, the market...

NGX

Stock market declines further by N31bn

UBA records N766.6bn profit, pays N3 trillion final dividend

UBA dividend payment lifts market with N369bn gain

Equity market drops 0.40%, investors lose N265bn

Stock market declines further by N48bn

Oando wins bid for Guaracara refinery lease in Trinidad & Tobago

Stock market gains N52bn on cautious trading

Stock market drops 0.23%, investors lose N151bn

Stock market down by 0.52%, investors lose N345bn

Equity Market drops N231bn amid Sell-offs

Tinubu pledges support for Fintech companies as Flutterwave seeks listing on NGX

Investors lose N72.51bn on NGX

Market capitalisation gains N347bn as FCMB lists 19.803bn shares

Investors gain N364bn as NGX closes bullish

Investors gain N795bn as GTCO lists N4.706bn shares

Equity market reverses gain, sheds N186bn

NGX opens positive, market cap increases by N10bn

Stock market dips further, sheds N931bn

Investors lose N1.1trn as MTN, Zenith, Dangote Sugar decline

UBA, Access, UCAP drag market cap down by N51bn