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NGX
The Nigerian capital market received a wave of euphoria at the close of Tuesday's trading, with the All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) soaring to an unprecedented 66,490.34 points.
The Nigerian equities opened the last trading week of August on a positive note, extending gains from the previous session as investors continued to take positions on blue-chip firms.
In a bid to enhance foreign currency access for businesses within Nigeria, the Nigerian Exchange Ltd. has put forth a proposal to permit dollar-denominated bond listings on its platform according to report from Bloomberg.
The board of Stanbic IBTC Holdings Plc has announced a delay in the release of its Half-Year financial results as it seeks the approval of the Central Bank of Nigeria.
The Nigerian Exchange Limited (NGX) has admitted additional 641 million ordinary shares of MTN Nigerian Plc into its platform.
The Board of Coronation Insurance Plc indefinitely postponed a court-ordered shareholders’ meeting towards the proposed delisting from NGX
The Nigerian Exchange Limited (NGX) has fined eight quoted companies N32.74 million.
The Nigerian Government through the Ministry of Finance Incorporated (MOFI) announced it is partnering with the Nigerian Exchange Ltd., (NGX) to grow its Assets Under Management (AUM) from N18 trillion to N100 trillion within the next 10 years.
Nigeria Exchange Limited (NGX) has approved CWG Plc’s free float compliance extension request for three years (2023- 2026).
The Nigerian Exchange Limited (NGX) admitted Fidelity Bank’s 3,037,414,308 ordinary shares of 50 kobo each at N4.60 of Fidelity Bank Plc on its Daily Official List.
NGX says it is working with CSCS Plc and Euroclear to create a dollar settlement platform that will enable tech startups to raise in dollars.
Nigerian cement giant company, Dangote Cement overtook MTN Nigeria as the most valuable company in the country with a valuation of N5.99 trillion ($7.9 billion) as of the end of July 2023.