The Nigerian Exchange (NGX) has announced the reopening of its physical trading floor after 32 months of trading remotely following the emergence of the COVID-19 pandemic. The NGX also hosted the Chartered Institute of Stockbrokers (CIS) to a Closing Gong ceremony to commemorate the Institute’s 30th anniversary alongside the reopening of the trading floor. Speaking during the ceremony, the NGX Chairman […]
BUA Foods Plc has announced its results for the period ended 30 September 2022. The result shows year on year growth in the Groups revenue and profit after tax. A turnover of N289.82 billion was reported for the 9 months period, up by 20.22% from N241.079 billion reported the previous year. This was due to a year[…]
Prices of stocks on the Nigerian Exchange last week continued its southward journey, occasioned by profit taking by investors. Year to date, the market has returned 3.63% with All Share Index and Market Capitalisation at 44,269.18 points and N24.112 trillion respectively. Most stocks have touched their 52 weeks low and some are tending towards their year low.[…]