NGX Regulation Limited has urged all market stakeholders to come up to speed with recent trends in climate disclosure by paying closer attention to climate related financial risks and opportunities in their business operations in line with the recommendations of the Financial Standards Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD). The Chief Executive […]
The Nigerian Exchange Limited has listed 13 trading license holders with inadequate shareholders’ funds as at March 14, 2022. The trading license holders, which were published under the Nigerian Exchange (NGX) Broker- Trax section and obtained by the New Telegraph has been considered inactive include Adamawa Securities Limited, CEB Securities Limited, Enterprise Stockbrokers Limited, First […]
…partners IFC on green bond issuance Activities at the Nigerian Exchange Limited (NGX) closed positive, yesterday, reversing prior days of negative sentiments following gains recorded from blue chip stocks. The All-Share Index gained 23.6 basis points or 0.05 per cent to close at 47,364.46 as against 47,340.86 recorded the previous day while the market capitalisation […]
Nigerian Exchange Limited (NGX) has said collaboration and engagement with stronger voice will help to address several policy changes recently affecting the capital market. The CEO, NGX, Mr. Temi Popoola CFA, disclosed this at the Nigerian Economic Summit Group (NESG) Fiscal Policy Roundtable held yesterday. Speaking at the webinar tagged ‘Impact assessment of the 2021 […]
Equities gain N417bn The Securities and Exchange Commission (SEC) has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders, for professionally working to develop the market, while pulling through the challenges brought by COVID- 19 and its variants. Director General of SEC, Mr. Lamido Yuguda, who spoke at a […]
Nigerian Exchange Limited (NGX) alongside its sponsors BUA Group, Central Securities Clearing System Plc (CSCS) and NG Clearing, is putting together the inaugural edition of the NGX Capital Markets Conference with the theme, “The Future Ready Capital Market: Innovating for Nigeria’s Sustainable Recovery.” The flagship event, which will take place on 30 November 2021 will […]
The Nigerian Exchange Limited has said it remains committed to promoting and supporting gender equality as well as creating and maintaining an environment free from all forms of discrimination. The Chief Executive Officer, NGX, Temi Popoola, stated this during the launch of Hofstede Insight’s Nigeria Diversity, Equity and Inclusion report on Tuesday. While stating that […]
NGX wins legal awards Nigerian equities market, yesterday, sustained its positive outlook as the overall performance measures, NGX ASI and market capitalisation, rose further by .11 per cent. Market watchers attributed the development to sustained confidence as bargain hunters leverage undervalued stocks. Consequently, the All-Share Index rose by 483.68 basis points or 1.11 per cent […]
Ten leading stockbroking firms (investment and stockbroking) in the Nigerian stock market were responsible for about 51 percent of business dealings in the equities segment of the market in the first 10 months of the year ending December 31, 2021. The top stockbrokers as known in the stock exchange parlance crossed deals worth about N787billion […]
Trading in equities at the Nigerian Exchange Limited (NGX), yesterday, witnessed another drop in share prices as bears sustained their grip on the local bourse. The local bourse recorded only 13 gainers against 25 losers to sustain downward trend. The NGX-All-Share Index dipped 31.62 basis points or 0.07 per cent to close at 41,943.83 index […]