The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Strong investor appetite for banking and industrial equities pushed Nigeria’s stock market to a fresh record, extending a four-week rally that added over N5.5 trillion in market value. Trading data from the Nigerian Exchange Limited showed that gains across key large-cap stocks drove the All-Share Index higher by 4.0 per cent week-on-week to 225,406.05…
A late resurgence in financial services equities provided sufficient thrust to elevate the Nigerian Exchange Limited’s benchmark indicators on Thursday, with the All-Share Index advancing 576.27 points to conclude at 203,161.81 points. The 0.28 per cent expansion translated into N370bn of fresh capitalisation, pushing aggregate market value to N130.774tn. The session’s trajectory defied underlying fragility…
The Nigerian Exchange recorded an unprecedented milestone yesterday as the all-share index breached the 200,000-point threshold for the first time in the market’s history, driven by strong investor demand and broad-based gains across key sectors. The benchmark index rose 1.55 per cent to close at 201,474.89 points, up from 198,407.3 points in the previous…
Sustained bargain hunting in heavyweight stocks drove the Nigerian Exchange Limited market capitalisation up by N923 billion last week, extending the rally that has defined domestic equity trading in recent weeks and further strengthening investor confidence in Nigerian equities. The all-share index closed the week at 198,407.3 points, representing a 0.73 per cent week-on-week gain,…