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NGX
Airtel Africa has bought back $25.8 million worth of its shares since the start of its $100 million share buyback programme on March 1, 2024.
The Nigerian Exchange Limited (NGX) has fined nine quoted companies N76.8 million for failure to file their audited financial statements after the regulatory due date.
The Board of Directors of NPF Microfinance Bank Plc has appointed Adegbuyi, Samuel Damilola CP (Rtd), as the company's Chairman.
Fidelity Bank's CEO, Nneka Onyeali-Ikpe, announced a N127.10 billion capital raise to enhance market position and expand internationally.
Champion Breweries Plc, a player in the Nigerian brewing industry, has recently entered a new phase with EnjoyCorp Limited's acquisition of an 86.5% stake.
The share price of VFD Group Plc closed at N40.60, an 80% decline from the previous trading session's price of N202.90.
The Board of Champion Breweries Plc has announced the completion of the acquisition of an 86.5% stake by EnjoyCorp Limited in the brewery firm.
With an All-Share Index of 99,925.29 as of June 14, 2024, the market has a year-to-date return of 33.64%. This is in contrast with the 39.84% YTD return achieved at the end of Q1 2024.
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain. The stock closed at N31.90 from an opening price of N29.00.
Fidelity Bank Plc was the most active stock on Monday, 10 June 2024 at the Nigerian stock market as a strong positive sentiment led Nigerian equities to a net capital gain of N324 billion in the first trading session of the week.
Fidelity Bank was by far the most traded stock in the NGX today, with a turnover volume of about 605.257 million shares, even as the stock gained 6.52% to close at N9.80.
The first week of June concluded with a broadly bearish sentiment on the Nigerian Exchange (NGX), as the overall market witnessed declines.