Weekly update
Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
NGX
Investor conviction ignites NGX momentum
By Chioma Obinagwam Bullish sentiment swept through the Nigerian Exchange this week, fueled by investor optimism over the Monetary Policy Committee’s (MPC’s) decision...
Nigeria’s private sector lending slows, bourse transactions spike
Data from Nigeria’s apex bank, Central Bank of Nigeria (CBN), shows that Credit to the Private Sector (CPS) grew by 4.7% year-on-year to...
Nigerian Stock Market ɗips as CBN holds rates
…investors shift to Fixed Income The Nigerian equities market closed lower this week, with the All-Share Index falling 0.6% week-on-week to 109,028.62 points,...
How Chiemeka’s appointment as NGX CEO will boost capital market
By Chioma Obinagwam The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to...
Seplat Energy says divestments will grow Nigeria’s oil production
By Chioma Obinagwam Seplat Energy Plc, says Nigeria’s sub-surface potentials could be largely optimized and oil/gas production levels increased if divestment and...
Why NGX adjusted market indices
By Chioma Obinagwam Nigerian Exchange Limited (NGX) has released the results of its full year market index review for the following indices...
Shareholders approve VFD Group’s N30bn supplementary capital, receive bonus shares
By Chioma Obinagwam Shareholders of VFD Group have ratified an additional N30 billion capital raise for the company. The approval was...
How NGX notched N5.2bn profit for FY 2023
The Nigerian Exchange Group Plc (NGX Group or the Company) has said that its full-year (FY) audited financial statements for the year ended...
Don't Miss
Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative
By Blaise UdunzeNigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...
Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday
By Chioma Obinagwam Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...