#stockmarket

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    NGX TRADING SUMMARY FOR MONDAY, JUNE 3, 2024

    NGX TRADING SUMMARY FOR MONDAY, JUNE 3, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) on Monday, June 3, a total of 349,590,093 shares were traded in 8,082 deals, valued at NGN 5,237,412,920.18. This marks a 19% decline in volume, a 39% decline in turnover, and a 5% decline...
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    Goodbye, May! Hello, June!

    Goodbye, May! Hello, June! Hello everyone! As May ends and June begins, let's get our finances in order. Picture May wrapping up and June ready to take over. 1. Getting Organized: - May brought us paychecks, bills, and unexpected expenses. Let's gather our receipts, balance our...
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    NIGERIAN STOCK MARKET WEEKLY RECAP MAY 20th-24th, 2024

    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...
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    NGX TRADING SUMMARY FOR FRIDAY, MAY 24, 2024

    NGX TRADING SUMMARY FOR FRIDAY, MAY 24, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) on Friday, May 24, 2024, a total of 769,094,477 shares were traded in 7,585 deals, with a market value of NGN 15,742,733,756.41. Compared to the previous trading day, this represents a 143%...
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    HOW TO INVEST IN NIGERIAN STOCKS

    Hello there. Whether you are a seasoned investor or just starting out, Nigerian stocks offer exciting opportunities. When you invest in stocks, you become a shareholder, owning a piece of publicly traded companies. Investing in Nigerian stocks can be a rewarding venture. Here are some steps to...
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    Long-term investment strategies and market dynamics

    LONG-TERM INVESTMENT STRATEGIES AND MARKET DYNAMICS 1. The Power of Compounding: - Compounding is the process where an asset's earnings are reinvested to generate additional earnings over time. - Strategy: Start investing early and reinvest dividends for growth over time. - Example: Investing...