Dipo Olowookere After closing in the negative territory for two straight sessions, the Nigerian Exchange (NGX) Limited appreciated by 1.05 per cent on Thursday amid a renewed buying interest. The bargain hunting increased the wealth of investors yesterday by N298 billion, leaving the market capitalisation of the
By Adedapo Adesanya The total value of capital importation into Nigeria in the fourth quarter of 2021 stood at $2.2 billion, 26.35 per cent higher than the $1.7 billion attracted in the third quarter of the year. The National Bureau of Statistics (NBS) disclosed that the largest amount of capital importation by type
By Dipo Olowookere Like the popular saying, what goes up must come down, the Nigerian Exchange (NGX) Limited suffered its first loss in nearly three weeks on Tuesday with a 0.19 per cent decline. Profit-taking in MTN Nigeria, Nigerian Breweries, Zenith Bank, UBA and nine other equities melted the stock market during
By Dipo Olowookere The Nigerian Exchange (NGX) Limited crossed the 51,000 psychological points on Monday after gaining 1.90 per cent following a sustained buying pressure from investors. The All-Share Index (ASI) climbed by 967.45 points to 51,902.48 points from 50,935.03 points. It was the highest point reached by the
By Dipo Olowookere The upward trajectory witnessed recently at the Nigerian Exchange (NGX) Limited continued on Thursday with a further 1.42 per cent growth. The financial results of companies in the Nigerian stock market for the first quarter of 2022 attracted more investors into the ecosystem, especially the foreign