The Nigerian Exchange Ltd. (NGX) market capitalisation has gained N15.25 trillion in value in the first five months of the year, amidst domestic and global economic headwinds. NGX, in a report made available on Thursday in Lagos, stated that the market attained the record following investors continous investment in fundamentally sound quoted companies on the
The share price of FBN Holdings Plc, parent company of the First Bank of Nigeria Ltd, which opened on the floor of the Nigerian Exchange Ltd.(NGX) on Friday at N18.50, gained N1.85 to close at N20.35, following investors’ renewed interest. Specifically, FBN Holdings led 17 other gainers by 10 per cent and sold a total
(AFRICAN EXAMINER) - The Nigerian equity market on Wednesday experienced a downturn, losing N673 billion in market capitalisation due to sell-offs in major stocks like MTN Nigeria and Transcorp Hotel Specifically, the market capitalisation shed 1.20 per cent or N673 billion to close at N55.494 trillion, compared to 56.167 trillion recorded on Tuesday. The All-share