Business

Nigeria highlights clean energy investment potential to investors

DailyTimesNGR DailyTimesNGR 2 February 2025 0

Nigeria is promoting its clean energy strategy to potential investors as the country moves to achieve macroeconomic stability. To sustain its broader energy transition goals, an extension of investment calls was made to foreign investors with the assurance the electricity sector is ripe for

Business

Investors gain N364.71bn as NGX index rises 0.57%

DailyTimesNGR DailyTimesNGR 30 January 2025 0

BY TEMITOPE ADEBAYO Investors recorded a gain of N364.71 billion as the Nigerian Exchange (NGX) All-Share Index (ASI) advanced by 0.57 per cent, closing at 103,437.67 points. The positive market sentiment was driven by strong performances from key stocks, with Aradel leading the gainers’ chart, surging 10 per cent after releasing its unaudited FY 2024 […]

Business

Investors gain N504bn as ASI extends winning streak by 0.79%

DailyTimesNGR DailyTimesNGR 28 January 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) extended its bullish momentum on Monday as the All-Share Index (ASI) rose by 0.79 per cent to close at 104,418.95 points. This surge added a significant N504 billion to investors’ wealth, pushing the market capitalisation to N64.44 trillion and maintaining the year-to-date return at a robust 1.45 per […]

Money

Investors gain N455bn as bullish sentiment drives equities market higher

DailyTimesNGR DailyTimesNGR 23 September 2024 0

BY TEMITOPE ADEBAYO In a holiday-shortened week, investors enjoyed a bullish rally on the Nigerian Exchange (NGX), securing a significant N455 billion increases in market capitalization, which closed at N56.457 trillion. The All-Share Index (ASI) also advanced by 0.81 per cent week-on-week (W-o-W), finishing at 98,247.99 points as three out of four trading sessions

News

Equities investors’ wealth shrink by N403bn as market sheds 0.72%

DailyTimesNGR DailyTimesNGR 13 August 2024 0

BY TEMITOPE ADEBAYO The Nigerian equities market yesterday began the trading week in negative territory, resulting in investors losses of N403 billion. The All-Share Index (ASI) declined by 711.18 per cent, representing a loss of 0.72 per cent to close at 97,880.94 points. Similarly, the overall market capitalisation value shed N403 billion to close at […]

Money

Equities investors gain N481bn as market surges 0.87% w/w

DailyTimesNGR DailyTimesNGR 12 August 2024 0

BY MOTOLANI OSENI Investors reaped substantial rewards last week as the Nigerian equities market surged 0.87 per cent, with the All-Share Index closing at 98,592.12 points, as the market capitalisation saw a significant boost of N481 billion, reaching a total of N55.978 trillion. This uptick, driven by renewed interest in financial and consumer goods stocks, […]

Business

Stock market sheds 0.42% as investors lose N248bn W-o-W

DailyTimesNGR DailyTimesNGR 25 March 2024 0

By Motolani Oseni The equities market of the Nigerian Exchange Limited (NGX) at the close of last week’s trading shed 0.42 per cent, while investors’ wealth declined by N248 billion week on week (W-o-W). Specifically, the domestic stock market closed the week on a bearish note. The All-Share Index (ASI) shed 0.42 per cent week […]

News

Investors to consider EM in search of better yields

DailyTimesNGR DailyTimesNGR 29 January 2024 0

BY GODWIN ANYEBE While the timing of the Federal Reserve’s highly anticipated pivot on rates remains uncertain, astute investors should consider redirecting their attention towards emerging markets, international financial CEO and analysts have advised. Wall Street’s S&P 500 index reached a record high on Friday on the back of market sentiment that the US Federal […]

Business

How equity investors can make money in 2024

DailyTimesNGR DailyTimesNGR 21 January 2024 0

By Godwin Anyebe An emerging-market money manager, who is outperforming 99 per cent of his peers, says equity investors can make money in 2024 whether the Federal Reserve cuts interest rates or not, by focusing on countries undergoing economic transformations. Montreal-based Fiera Capital Corporation has handed holders of its EM Select Fund a 29 per […]

Business

Investors gain up by N77bn to N35.3trn amidst sustain rally

Ihesiulo Grace 6 August 2023 0

Investors wealth spiked by more than N77 billion cumulative across five trading sessions, as market capitalisation jumped to N35.5 trillion amidst sustained bargain hunting in the local bourse. Last week, the market index popped higher as the market index or the Nigerian Exchange All-share index (NGXASI) rose by 0.2 per cent to close at 65,198.08 […]

Business

Investors eying international equities

Ihesiulo Grace 29 January 2023 0

By Godwin Anyebe After a rough 2022, some investors are eying international equities to make up for their losses. Not only are many of the world’s most competitive companies trading at bargain-basement prices, but some strategists believe that global stocks are poised to rally. While U.S. stocks are estimated to return fiver per cent to […]

Business

Investors wealth increase by N253bn over sustained buying interest

Ihesiulo Grace 16 January 2023 0

By Temitope Adebayo On the last trading day for last week, stocks investors in the Nigerian Exchange (NGX) had their wealth improved by N253 billion, due to sustained buying interest in the local bourse. Specifically, the market capitalisation increased by 0.89 per cent to close at N28.602 trillion compared to N28.349 trillion recorded at the […]

Business

Equities investors’ wealth increased by N1.67trn in one week

Ihesiulo Grace 27 November 2022 0

By Motolani Oseni The Nigerian Exchange Limited (NGX) closed last week’s trading activities on a strong footing, as investors’ wealth improved by a whopping N1.67 trillion, due to demand for bellwether stocks. Accordingly, the All-Share Index advanced by 6.88 per cent week-on-week (W-o-W) to close at 47,554.34 points. Similarly, market capitalisation increased by N1.67

Headlines

Foreign investors, business owners jittery over uncertainty of 2023 elections

Ihesiulo Grace 7 November 2022 0

By Joy Obakeye and Chukwuemeke Iwelunmo It is barely four months to the 2023 general election, which is coming at a time when economists, analysts, and groups have lamented the impact of the bleeding economy on the country’s growth, even as foreign investors are jittery in investing in the country as a result of the […]

Business

Investors gain N35.52bn over buy-back interest in Dangote Cement, others

Ihesiulo Grace 3 June 2021 0

By Motolani Oseni Transactions on Nigerian Exchange Limited (NGX) equities market on Wednesday closed on a positive trajectory, to reverse the previous trading session loss on investors’ buy interest in Dangote Cement and 14 others. In summary, the All-Share Index (ASI) appreciated by 68.15 absolute points, representing a decline of 0.18 per cent to close […]

Business Headlines

Stock market investors gain over N60bn despite slump in Unity Bank, Japaul Gold

Ihesiulo Grace 11 May 2021 0

Over N60 billion was gained by investors during Monday’s trading activity at the Nigerian bourse after the equity capitalisation closed the day at N20.49 trillion, topping the N20.43 trillion it ended Friday with. This gain reflected in the All Share Index which rose by 0.29 percent today, rising to 39,312.74 ASI from the 39,198.75 ASI […]

Business Headlines

Foreign Stocks: SEC sets to register, Monitor brokers to ensure transparency

Ihesiulo Grace 9 May 2021 0

PHILIP CLEMENT, ABUJA The Securities and Exchange Commission is set to register and actively monitor brokers selling stocks for foreign companies in furtherance of its mandate of ensuring investor protection and market transparency especially for retail investors. This was disclosed by Executive Commissioner Operations of the SEC, Mr. Dayo Obisan during an interview with

Business Headlines

Investors pledge $8.41 billion injections into Nigeria’s economy

Ihesiulo Grace 4 May 2021 0

Philip Clement, Abuja There is a glimmer of hope for the Nigerian economy as some investors have pledged an investment of $8.41bn in different sectors of the economy. The Executive Secretary of the Nigerian Investment Promotion Commission, Yewande Sadiku stated this over the weekend in at a media parley with Commerce and Industry Correspondents in […]

News

The man who makes his money work for him: in conversation with Bilal Junaid

Ihesiulo Grace 28 January 2021 0

Investors are known to help start and grow businesses. With so many new companies, the world of investors is rapidly growing across various industries; all it takes is for you as the entrepreneur to pitch your idea and make it realistic and convincing. Bilal Junaid is a software engineer with a bachelor’s degree in Mechatronics […]

News

Investors on equities market gain N390.26bn in one week

Ihesiulo Grace 30 November 2020 0

By Motolani Oseni Investors on the equities market of the Nigerian Stock Exchange (NSE) gained N390.26billion in last week’s transactions over gain in 27 listed equities. The market opened for trading at N18.228 trillion, 2.2per cent increase from N17.838trillion it closed for trading in the prior week. Consequently, the NSE All-Share Index (ASI) closed last […]