06
OctInvestors gain N1.175trn as NGX ASI advances by 1.02% WoW
The Nigerian stock market last week closed on a bullish note as the NGX All-Share Index soared by 1.02% to close the week at 143,584.04 points from 142,133.02 points recorded in the previous week. Inestors gain N1.175 trillion as the Market Capitalisation grew by 1.31% to close at N95.135 trillion […]
30
SepNigerian Market Gains N195bn as NGXASI closes 0.17% Higher
The Nigerian stocks market on Monday closed higher as the All-Share Index appreciated by 0.17% to settle at 142,377.56 points from the previous close of 142,133.02 points. The Market Capitalisation was up by 0.22% to close at N90.155 trillion from the previous close of N89.960 trillion, thereby gaining N195 billion.[…]
29
SepForecast: Q3 2025 Earnings’ Projection for Insurance Firms
The recent reforms in the Nigerian Insurance Sector, particularly the ongoing recapitalistion exercise has transformed the performance of insurance firms listed on the Nigerian Exchange (NGX) significantly. Thanks to the new government policy, prices of insurances stocks are no longer in kobo; they have actually moved to above N1. In[…]
24
SepCBN reduces benchmark interest rate to 27%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (benchmark interest rate) to 27% from 27.5%. The asymmetric corridor around the MPR was retained at +260 and -250 basis points. The liquidity ratio was left unchanged at 30 percent. The MPC[…]
