Tag: investors

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

Stock Market Depreciates by N268bn on Investors Profit-taking

May 8, 2024

The Nigerian stock market witnessed a downturn yesterday, extending losses from the previous session, with overall capitalization dipping by N268 ...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Nigerian Equity Market Plunges, Investors Lose N1.57 Trillion in One Week

by Stephen Akudike

April 22, 2024

The Nigerian equity market witnessed a tumultuous week as investors grappled with significant losses totaling N1.57 trillion, reflecting the ongoing ...

UBA annual profit hits N170 billion in 2022.

UBA Confident in Meeting N500bn Capital Base

by Victoria Attah

April 15, 2024

United Bank for Africa (UBA) Plc has assured its investors of its capability to meet the new capital base set ...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX: Investors Lose N190bn as Tier-1 Banks Experience Sell-Offs

by Stephen Akudike

April 5, 2024

Sell-offs in the shares of Tier-one banks on Thursday contributed to a 0.32 per cent decline in the Nigerian Exchange ...

Nigerian Exchange Dips by 0.40% Amidst Inflation Concerns

by Stephen Akudike

March 19, 2024

The Nigerian stock market witnessed a decline of 0.40% on Monday as investors responded to the latest Consumer Price Index ...

FG 2053 Bond Records $364 million Subscription as Investors Seek Record Yields

FG to Auction N2.5 Trillion in Bonds Amid Rising Interest Rate Expectations

by Stephen Akudike

February 19, 2024

Nigeria's government is set to auction a record-high N2.5 trillion worth of seven and 10-year naira-denominated bonds today, signaling a ...

NGX Appoints an Advisory Panel on Digital Technology Products.

NGX Reports 98% Surge in Trade Volume as Investors Lose N35 Billion

by Stephen Akudike

September 22, 2023

In a noteworthy development in the Nigerian financial markets, the daily trade volume on the Nigerian Exchange Limited experienced a ...

PayPal Shares Dip by 7% as Quarterly Operating Margin Disappoints Investors

by Victoria Attah

September 13, 2023

Shares of PayPal Holdings (PYPL.O) experienced a 7% decline in extended trading on Wednesday as investors expressed disappointment over the ...

Nigerian Stock Exchange Not Among Africa’s Top Performers, Despite Recent Growth.

by Jide Omodele

September 13, 2023

Despite witnessing a roaring and exceptional performance in recent months, with Bola Tinubu's emergence as Nigeria's President, the Nigerian Exchange ...