ngx

⚠️ Nigeria’s SEC to Sanction Companies for Failing to Publish Financial Results Online Key Highlights: 1. New Directive: The Securities and Exchange Commission (SEC) of Nigeria has warned all quoted companies to publish their periodic financial results on their websites alongside filing...

Foreign Portfolio Investments in Nigerian Stock Market Surge by 180.9% Key Highlights: 1. FPI Growth: Foreign Portfolio Investments (FPIs) inflows into the Nigerian stock market soared by 180.95%, reaching ₦344.30 billion in the first 10 months of 2024, compared to ₦122.55 billion in the...

Oil & Gas Boom: NGX Index Leads with 157.56% YtD Growth The Oil & Gas sector has emerged as the best-performing index on the Nigerian Exchange (NGX) in 2024, outpacing other sectors like Banking and Consumer Goods. The sector’s performance has been fueled by significant federal government...

NGX Trading Summary for Tuesday, December 17, 2024 The Nigerian Stock Exchange (NGX) experienced an eventful trading day with a total of 477,880,829 shares exchanged in 9,578 deals, amounting to a market value of NGN 21.39 billion. Key Highlights: • Decline in Volume: Compared to...

Daily Market Report for December 16, 2024: Market Performance • NGX All-Share Index (NGXASI): The index increased by 0.55%, closing at 99,922.63, up from the previous close of 99,378.06. • Year-to-Date (YTD) Returns: Now stand at an impressive 31.49%. • Trading Volume...

How NGX Hit an N18.2 Trillion Growth Milestone Despite Headwinds Market Overview In the first 11 months of 2024, Nigeria’s stock market defied economic pressures, growing by an impressive N18.2 trillion. This reflects a 44.5% increase in market capitalization, which climbed from N40.918...

NGX Cracks Down: 3,792 Sanctions Issued Over 13 Years Key Highlights • The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on stockbroking firms between 2011 and 2023. • 193 Rule Breaches: Violations include unauthorized share sales, misappropriation of...

Stock Market Update: Bullish Momentum Amid Portfolio Rebalancing ✨ The Nigerian stock market maintained its upward trend last week, buoyed by increased domestic and foreign investor inflows. The rally, ahead of the January effect—a period historically marked by positive performance—was driven...

NGX trading summary for Friday, December 13, 2024 Market Overview • Total Volume Traded: 534.2 million shares • Total Deals Executed: 8,463 • Total Market Turnover: NGN 7.43 billion • Market Capitalization: NGN 60.3 trillion Compared to the previous trading day...

DECEMBER’S TALE: KEY EVENTS THAT SHAPED THE NIGERIAN STOCK MARKET AND INSIGHTS FOR 2024 Introduction: The month of December often evokes reflections and aspirations, but in the Nigerian stock market, it has consistently been a time of notable events and transformative developments. From the...

Interim/Special Dividend & Bonus Monitor 2024️️ Interim Dividend • Newrest ID: N3.86 | PD: Jan 4 | QD: N/A ✅ Paymaster: Meristem • Capital Bancorp ID: 10k | PD: Apr 3 | QD: Mar 26 ✅ Paymaster: Light House • NIDF ID 1: N4.23 | PD: Apr 19 | QD: Apr 12 ✅ Paymaster...

NGX trading summary for Thursday, December 12, 2024: Key Highlights 1. Trading Volume and Value: • Shares Traded: 489,654,913 shares. • Total Value: ₦7.06 billion. • Deals Executed: 8,304. • Comparative Performance: • Volume: Increased by 53% compared...

NGX Achieves N8.05tn Transactions in 22 Months The Nigerian Exchange (NGX) recorded a remarkable N8.05tn in equity market transactions from January 2023 to October 2024, showcasing significant growth in trading activity. Here’s a detailed breakdown: Domestic Investors Lead the Way •...

NGX Trading Summary for Wednesday, December 11, 2024 Today’s trading session on the Nigerian Exchange Group (NGX) witnessed a significant decrease in trading activity compared to the previous day, with declines in volume, value, and the number of deals recorded: • Volume Traded: 320.1...

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...

NGX Trading Summary for Tuesday, December 10, 2024 • Total Market Activity: On December 10, 2024, the Nigerian Stock Exchange (NGX) saw significant activity with a total of 939,409,379 shares traded across 9,098 deals, valued at NGN 12.81 billion. This represents a 115% increase in...

NGX Trading Summary for Monday, December 9, 2024 Here’s a breakdown of today’s performance on the Nigerian Stock Exchange (NGX): Trading Statistics • Volume Traded: 436,039,692 shares • Value of Trades: NGN 12,864,433,678.17 • Number of Deals: 9,489 • Market...

Geregu Power Shines as NGX’s “Most Compliant Listed Company” for 2023 ⚡ Geregu Power Plc has been honored with the Most Compliant Listed Company Award by the Nigerian Exchange Limited (NGX) at its 2024 Made of Africa Awards. ✨ This prestigious accolade recognizes Geregu’s exemplary adherence to...

NGX Trading Summary for Friday, December 6, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) for Friday, December 6, 2024, the market recorded significant activity with a total of 1.04 billion shares traded in 7,220 deals, amounting to a market value of NGN 17.46 billion...

NGX Trading Summary for Thursday, December 5, 2024 Key Trading Highlights: • Volume of Trades: A total of 722,998,242 shares were traded in the session. This marks a 39% increase in traded volume compared to Wednesday, December 4, 2024. • Market Value: The total value of shares...