investors

Bridging the Gap: NGX Chair Calls for More Nigerian Investors in the Capital Market Details: The Chairman of the Nigerian Exchange Group Plc, Umaru Kwairanga, has expressed concern over the low participation of Nigerians in the capital market, calling the current investor numbers unacceptable...

Understanding NGX’s New Rules on Large Trades: Implications for Trading Strategies Introduction Hello Everyone . On Monday, November 18, 2024, the Nigerian Exchange Limited (NGX) unveiled proposed amendments aimed at tightening regulations on block divestments and large-volume trades. These...

SOUTH KOREAN INVESTORS TO BUILD FOUR REFINERIES IN NIGERIA, SAYS FG Detailed Breakdown: 1. Refinery Construction Plans: A consortium of South Korean investors has concluded plans to build four refineries in Nigeria, each with a capacity of 100,000 barrels per day. This announcement was made by...

SEC TO STRENGTHEN FINTECH REGULATIONS FOR ENHANCED INVESTOR PROTECTION The Securities and Exchange Commission (SEC) is preparing to enforce stricter regulations within the fintech sector to safeguard investor funds and ensure alignment with existing laws. This move, announced by SEC's...

INVESTORS PUSH FOR STABLE FX AND FISCAL POLICIES TO SUSTAIN N15.7 TRILLION MARKET SURGE IN 2024 Detailed Breakdown: 1. Market Surge Overview: The Nigerian stock market has achieved a remarkable 27.8% year-to-date (YTD) gain, amounting to N15.7 trillion, with market capitalization rising from...

The Central Bank of Nigeria (CBN) raised N284.26 billion from yield-hungry investors in its latest Nigerian Treasury Bills (NTBs) auction on Wednesday, June 26, 2024. According to the Debt Management Office (DMO), the auction attracted significant interest, with total subscriptions amounting to...

NGX TRADING SUMMARY FOR 4TH JUNE, 2024 The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -0.07%, to bring the Year-to-Date returns up 30.35%. The All Share Index closed at 99,051.02 against the previous close of 99,118.86, volume...

SMART STRATEGIES FOR MANAGING FOOD AND TRANSPORTATION EXPENSES COMMUNITY POLL RESULT: RISING COSTS OF FOOD AND TRANSPORTATION Dear community members❤️, We conducted a poll yesterday, and your voices were heard! The majority of you highlighted food and transportation as significant expenses...

Bitcoin, the world's largest cryptocurrency, experienced a tumultuous ride in the past week, as it dipped below the $30,000 mark, only to make a slight recovery later. The volatile movement was triggered by a combination of factors, including a disappointing ADP private sector jobs report and a...

The Nigerian Stock Exchange (NSE) investors recorded a gain of N42.09 Billion closing Tuesday's trading session bullish. The All Share Index indicated a +0.31 per cent appreciation to close at 25,574.35 basis points as against the +0.01 per cent indicated on Monday's trading session. Its...