14 results
- 17 May 2022
NGX Joins African Exchanges to Facilitate Cross-border Trading Platform
The Nigerian Exchange Limited (NGX) joined other African Exchanges in facilitating cross-border trading platform and free movement of investments in the continent. Other African Exchanges…
- 17 Jun 2025
Nigerian Stock Market Suffers ₦183 Billion Loss Amid Profit-Taking
Nigerian stock market continued its downward trend on Tuesday, June 17, with investors losing ₦183 billion in market value. The Nigerian Exchange Ltd. (NGX) saw its total capitalisation decline from…
- 25 Mar 2024
NGX RegCo, FRCN Unveil Roadmap for SFRS Adoption
The NGX Regulation Ltd. (NGX RegCo), the regulating body of the Nigerian Exchange Group and Financial Reporting Council of Nigeria (FRCN), at the weekend, jointly launched the roadmap for the…
- 13 Jan 2025
NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead
Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against…
- 4 Jan 2023
Stock Market Extends Gain by 0.12%
The Nigerian Exchange Ltd. (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share Index (ASI)…
- 8 Jul 2024
Chiemeka's Appointment as NGX CEO will Deepen Market Growth - Professional Group
The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals, who believe his…
- 25 Aug 2021
NGX Marks 60 Years of Supporting Nigeria’s Economy
Nigerian Exchange Group (NGX ), yesterday, celebrated 60 years of enabling Africa’s largest economy as a leading integrated market infrastructure group in Africa. The Group officially commenced…
- 27 Jul 2022
NGX Raises N72bn for Real Estate Firms, Unveils Plan to Address Housing Deficit
To meet the needs integral to the housing sector, whilst helping Nigeria meet its Sustainable Development Goals (SDGs), Nigerian Exchange Group (NGX) Plc says it intends to launch the impact board…
- 28 Oct 2021
First Bank Holdings Taps Okonkwo, Former Fidelity Bank CEO to Replace Eke as GMD
The board of FBN Holdings Plc, has approved the appointment of Mr. Nnamdi Okonkwo, as its new group managing director, with effect from January 1, 2022. Mr. Nnamdi Okonkwo The appointment was…
- 24 Oct 2021
FBN Makes U-turn, Confirms Otedola’s Acquisition of 5.07 Per Cent Stake
FBN Holdings (FBNH) Plc at the weekend confirmed that Mr Femi Otedola, business mogul has acquired 5.07 per cent equity stake in the company. This is coming hours after the big lender denied…
- 17 Apr 2024
Fidelity Bank Reports N124.3Bn Pre-Tax Profit for 2023
Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended December 31, 2023, indicating a 131.5 per cent increase from N53.7 billion posted in the 2022 financial year.…
- 20 Jan 2022
SEC Leveraging Technology, Others in Transforming Capital Market Operations
The Securities and Exchange Commission has said technology, innovative financial instruments and the impact of the COVID-19 pandemic are transforming the operations of the capital market. SEC said…
- 20 Feb 2025
DMO Appoints Stanbic IBTC as New FG Stockbroker
The Debt Management Office (DMO) on Thursday appointed Stanbic IBTC Stockbrokers Limited as the Federal Government’s official stockbroker, marking a strategic move to bolster Nigeria’s domestic bond…
- 23 Oct 2021
First Bank Denies Reports of Otedola Takeover
FBN Holdings Plc Friday denied claims by online media that Femi Otedola, business mogul, has acquired majority stake in the bank. Femi Otedola In a statement signed by Seye Kosoko, company secretary,…