03
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 […]
28
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[…]
27
MayInflation refers to the sustained increase in the general price level of goods and services in an economy over a period of time. The consistency of the general price level can wreak havoc on personal finances and the broader economy. Nigeria’s economy, faced with soaring inflation rates, challenges the conventional wisdom of keeping money in a bank[…]
