The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 4.20% to close at N2.57 trillion as of 25th of March, 2022, as investors in these banks lost...
Moody's Downgrade Nine Major Nigerian BanksMoody's Investors Service, a global rating agency, has granted lower ratings to nine Nigerian banks. This development follows a recent downgrade of Nigeria's...
The Nigeria Stock Exchange (NSE) is the principal stock exchange of the Nigerian economy, providing a platform for companies to raise capital and investors to purchase shares in publicly traded compan...
Despite the economic threats posed by the advent of the coronavirus pandemic, FY 2020 turned out to be a profitable year for many corporations. According to combined data retrieved from the annual rep...
Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...
Stocks yesterday at the Nigerian Stock Exchange (NGX) finished negative as investor's profit-taking in major financial stocks pushed market capitalization down by N192 billion.Major stocks saw a decre...
NGX Group Compensation for 3 Directors comes to N754 million For the year ended December 2021, the Nigerian Exchange Group (NGX), which operates the Nigerian Stock Exchange, paid its three execu...
The Nigeria Exchange Limited (NGX) All-Share Index increased by 0.55% on Wednesday, and the benchmark index rose to 72,299.79 points; this is the first time in history that the benchmark index has cro...
NGX closes on a positive note, with a market capitalization of N12.72 billion The NGX finished flat, despite sell-offs and buy-interests, as the benchmark All-Share Index (ASI) rose 5 basis points....
Nigerian stock investors lost N252 bn at the close of Thursday trading as the Nigerian Exchange sustained its bearish trading on Thursday.So far, the market has witnessed a combined loss of N467bn bet...