nigerianstockexchange

MINISTER URGES SEC TO TACKLE CRYPTOCURRENCY CHALLENGES The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has urged the newly inaugurated board of the Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies and maintain...

FINANCIAL ANALYSTS PREDICT STOCK MARKET PULLBACK IN H2 2024 Financial analysts from Arthur Steven Asset Management Limited (ASAM) have forecasted a potential pullback in the stock market during the second half of 2024, following its peak in the first half of the year. This was discussed during...

SUSPENSION OF TRADING FOR NON-FILING OF AUDITED FINANCIAL STATEMENTS Dear Esteemed Client, Trading License Holders and the investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing (Default Filing Rules), the Nigerian Exchange...

SEC APPROVES CHIEMEKA'S APPOINTMENT AS NGX CEO KEY DETAILS: - Appointment Approved: The Securities and Exchange Commission has approved Jude Chiemeka's appointment as the Chief Executive Officer of the Nigerian Exchange Limited (NGX), effective July 1, 2024. - Experience: Chiemeka brings...

NGX TRADING SUMMARY FOR FRIDAY, JUNE 21, 2024 Key Points: - Trading Volume and Value: - Total shares traded: 617,222,617 - Total deals: 9,273 - Total market value: NGN 11,346,077,481.95 - Compared to the previous trading day (Thursday, June 20), there was a: - 53% decline in volume...

NGX TRADING SUMMARY FOR THURSDAY, JUNE 20, 2024 The Nigerian Stock Exchange (NGX) concluded its trading session on Thursday, June 20, 2024, with notable activities and mixed outcomes. Trading Volume and Value: - Shares Traded: 1,299,961,984 - Number of Deals: 8,364 - Market Value: NGN...

WEEKLY RECAP OF THE NIGERIAN STOCK EXCHANGE (NSE) FOR THE WEEK OF MAY 27th TO 31st, 2024. WEEKLY RECAP: - All Share Index (ASI): The NSE's benchmark index appreciated by a modest 0.02%, settling at 99,300.38 from the previous close of 99,276.03. This brings the year-to-date growth to an...

NGX TRADING SUMMARY FOR WEDNESDAY, MAY 29, 2024 At the end of today's Nigerian Stock Exchange (NGX) trading session, 518,948,393 shares were traded in 7,781 deals, amounting to NGN 4,767,087,010.32. Compared to the previous day, this represents a 7% decline in volume, a 28% decline in turnover...

DANGOTE REFINERY EYES 500,000-BARREL PRODUCTION CAPACITY BY JULY Barring any last-minute changes, the $20 billion Dangote Oil Refinery is set to be listed on the Nigerian Stock Exchange by December 2024. Aliko Dangote, Chairman of the Dangote Group, expressed his desire for Nigerians...

NIGERIAN STOCK MARKET WEEKLY RECAP MAY 20th-24th, 2024 EQUITY TURNOVER: A total turnover of 1.986 billion shares worth N40.715 billion was traded during this week by investors on the floor of the Exchange. This contrasts with the previous week’s total of 1.652 billion shares valued at N42.677...