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JunTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 27th – 31th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.189 billion shares worth N31.303 billion in 39,362 deals. This represents a decrease in value compared to the previous week, where 1.986 billion shares valued at N40.715 billion […]
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MayDangote Refinery, Nigeria’s crown jewel in the energy sector, is revving up for a groundbreaking move. A dual listing on both the London and Lagos stock exchanges. This ambitious decision, as a senior executive reveals, underscores the grand vision of Africa’s wealthiest individual, Aliko Dangote, who spearheaded the refinery’s creation. In a recent interview, Dangote hinted at[…]
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MayThe Nigerian Exchange Limited (NGX) reported that the total transactions in Nigeria’s equity market decreased by 36% in April, amounting to N346.23 billion. This decline, from N538.54 billion in March, is indicative of cautious investor sentiment due to ongoing market volatility. The NGX All-Share Index notably plummeted by N3.57 trillion in April, largely influenced by policy announcements[…]
