ngx

NGX TRADING SUMMARY FOR TUESDAY, SEPTEMBER 3, 2024 Trading Overview: - Total Shares Traded: 473,003,572 shares - Total Deals: 12,532 - Market Value: NGN 10,411,315,965.29 Comparative Data: - Volume: Decreased by 5% from the previous trading day (Monday, September 2, 2024) - Turnover: Decreased...

*Meeting Notifier (Updated Sept 3 | 8.35am)* • Sept 5, Academy Press (AGM) at Registered Office of the Company, 28/32, Industrial Avenue, Ilupeju Industrial Estate, Lagos.....12 Noon. Prop Div.....10k, PD.....Sept 12, QD.....Aug 29, CDR.....Aug 30. Reg; *Pace* • Sept 5, NNFM (AGM) at Bristol...

COLLABORATION BETWEEN CBN, SEC, AND NDIC TO SIMPLIFY BANK RECAPITALISATION 1. Article Overview: - The Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and the Nigeria Deposit Insurance Corporation (NDIC) are collaborating to streamline the bank recapitalization...

NGX COLLABORATES WITH UNIMAID TO PROMOTE CAPITAL MARKET EDUCATION 1. Article Overview: - The Nigerian Exchange Limited (NGX) and the University of Maiduguri (UNIMAID) have signed a Memorandum of Understanding (MoU) to promote capital market education, drive innovation, and support...

RESOLUTIONS PASSED AT THE 47TH ANNUAL GENERAL MEETING (AGM) OF INTERNATIONAL BREWERIES PLC 1. Meeting Details: - Date: Thursday, August 29, 2024 - Time: 11:00 a.m. - Venue: The meeting was held virtually via Zoom. 2. Resolutions Passed: 1. Approval of Audited Financial Statements...

*Meeting Notifier (Updated Aug 31 | 4.42pm)* • Sept 4, FMN (AGM) at Eko Hotel, V/I, Lagos......2pm. Prop Div.....N1.80, PD.....Sept 5, QD.....Aug 9, CDR.....Aug 12-16. Reg; *Atlas* • Sept 5, Academy Press (AGM) at Registered Office of the Company, 28/32, Industrial Avenue, Ilupeju Industrial...

NGX TRADING SUMMARY FOR FRIDAY, AUGUST 30, 2024 Trading Activity: - Total Shares Traded: 573,961,127 shares - Number of Deals: 12,754 deals - Market Value: NGN 31,576,871,439.07 Comparative Performance: - Volume: A 41% decline compared to the previous trading day (Thursday, August 29). -...

AVA CAPITAL INFRASTRUCTURE FUND LISTING ON NGX 1. Event Overview: - Fund Listing: AVA Capital Group has listed a significant infrastructure fund valued at N200 billion on the Nigerian Exchange (NGX). This listing marks a notable step in addressing Nigeria's infrastructure deficit. -...

IKEJA HOTEL: STOCK ANALYSIS OVERVIEW Ikeja Hotel PLC is a prominent player in the Nigerian hospitality industry. The company owns and operates several well-known hotels, including: - Sheraton Lagos Hotel - Sheraton Abuja Hotel - Federal Palace Hotels & Casino These hotels cater to both...

HEIRS HOLDINGS PLANS NEW SUBSIDIARIES LISTING Tony Elumelu, the Chairman of Heirs Holdings, announced that the group plans to list more of its subsidiary companies on the Nigerian Exchange to democratize prosperity. This decision aligns with the company's vision of unlocking Africa's full...

NIGERIAN BREWERIES N600 BILLION RIGHTS ISSUE AND FX DEBT CHALLENGE: A DETAILED BREAKDOWN The Nigerian Exchange Limited (NGX) recently approved Nigerian Breweries Plc's application to raise N600 billion through a rights issue. This issuance involves offering 22,607,491,232 ordinary shares of 50...

NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 28, 2024 Trading Volume and Value: - Shares Traded: A total of 446,609,595 shares were exchanged during the session. - Deals: These transactions took place across 10,148 deals. - Market Value: The total market value of these trades amounted to NGN...

NGX REGCO BACKS FRC ON NEW REPORTING STANDARDS The Chief Executive Officer of NGX Regulation Limited, Olufemi Shobanjo, recently praised the Financial Reporting Council of Nigeria (FRCN) for its leadership in advancing sustainability reporting standards across Africa. This recognition came...

NGX TRADING SUMMARY FOR THURSDAY, AUGUST 22, 2024 Market Activity Overview: - Volume: A total of 393,620,711 shares were traded on the Nigerian Stock Exchange (NGX). - Deals: There were 8,243 deals executed during the session. - Market Value: The total value of transactions was NGN...

INT'L BREWERIES SHARE LISTING BOOSTS NGX MARKET CAP BY N599BN Main Points: 1. Market Impact: - The Nigerian stock market capitalization increased by N599 billion due to the listing of shares by International Breweries Plc. - Market capitalization reached N54.047 trillion. 2. Share...

NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 21, 2024 Overall Market Performance: - Volume: 360,558,689 shares were traded today. - Deals: These trades were executed in 8,813 deals. - Market Value: The total market value of the traded shares was NGN 7,252,158,694.18. - Comparison to Previous Day...

NGX TRADING SUMMARY FOR TUESDAY, AUGUST 20, 2024 Summary: - Trading Volume and Deals: - A total of 1,013,950,890 shares were traded across 8,295 deals on the Nigerian Stock Exchange (NGX). - The total market value of the shares traded was NGN 7,687,606,591.34. - Comparison with Previous...

SEC WOOS FIRMS TO CAPITAL MARKET Summary: The Securities and Exchange Commission (SEC) is urging more companies to list on the Nigerian Exchange to boost market liquidity and align with the Federal Government's goal of achieving a $1 trillion economy. Key Points: 1. Call for More Listings...

UNION BANK BEGINS RECAPITALISATION Summary: Union Bank of Nigeria has initiated a recapitalisation process, as disclosed by the Managing Director/CEO, Yetunde Oni, following the release of the bank's half-year financial results. This move aligns with the Central Bank of Nigeria's (CBN)...

NGX TRADING SUMMARY FOR FRIDAY, AUGUST 16, 2024: Trading Overview: - Total Volume: 348,952,726 shares - Total Value: NGN 7,464,902,951.30 - Total Deals: 7,677 - Market Capitalization: NGN 55.1 trillion Comparative Performance: - Volume: 29% increase compared to the previous trading day...