21

Sep

NGX Group Plc debunks false media claims

The Nigerian Exchange Group Plc has debunked the rumors and false media claims regarding its Corporate Governance, value of shares at listing, dividend policy, proposed capital raise. In a notification available on its official website, NGX Group stated thus: “Nigerian Exchange Group Plc is and remains committed to the highest level of corporate governance with the overriding […]

21

Sep

Market rebounds with marginal growth of 0.01%

The Nigerian stock market on Tuesday halted days of downtrend as the All Share Index appreciated marginally by 0.01% to close at 49,445.31 points from the previous close of 49,440.21 points.   The Market Capitalisation appreciated by 0.01% to close at N26.670 trillion from the previous close of N26.667 trillion, thereby gaining N3 billion. An aggregate of[…]

19

Sep

Cheap Stocks for Strategic Entry

Why you should pitch your tent with fundamentally sound stocks The stock market last week continued its southward journey, occasioned by profit taking in 39 equities. The All Share Index and Market Capitalisation declined by 0.44% week on week 49,475.42 points and N26.686 trillion respectively. Most stocks have touched their 52 weeks low and some are tending[…]