Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting a record high and beating estimates, as demand for artificial i...
Equity Group, Kenya’s second-largest bank by assets, has extended its internal crackdown on staff misconduct to Uganda, two months after sacking over 1,500 employees in Kenya over links to s...
Amid attractive returns, the Pension Fund Administration (PFAs) exposure in domestic stocks and Nigeria Treasury Bills (NTBs) increased by 48.04 per cent in its Year-on-Year (YoY) growth to N3.3...
The stock market sustained its bullish run to close Thursday’s trading session on a positive note, despite recording mixed outcomes in key performance indicators. The market index surged by 2.01%, add...
The Nigerian stock market yesterday closed trading session on a positive note as gains in Guaranty Trust Holding Company Plc (GTCO) and 57 other stocks pushed the market up by N226.25 b...
Trading activities in the domestic equities market yesterday gained N193 billion to start this week on a positive note, supported by investors’ demand for Cadbury Nigeria Plc and 52 others. The All-Sh...
The transaction value rose by 126.2 percent, relative to the N51.01 billion exchanged for 2.05 billion shares in 65,016 deals the previous week. TOP PERFORMING SECTORS The top three performing sectors...
In a statement on Thursday, Patience Oniha, the director-general of the DMO, said the issuance attracted strong investor interest, with a subscription rate of 183 percent. Oniha said the “impressive” ...
In a renewed effort to integrate Nigeria’s capital market into global investment ecosystems, Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) have stepped up co...
Umaru Kwairanga, chairman of the Nigerian Exchange Group, has urged stronger collaboration between Nigerian Exchange Ltd and the Stock Exchange of Hong Kong. Mr Kwairanga made this call during a high-...
