July 1, 2025/NGX Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its full year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; […]
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Financial Sector: Africa Launches First Pan-African Card Scheme – PAPSSCARD
Image Credit: Afreximbank The new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems June 30, 2025/Afreximbank Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June […]
NGX-ASI Closed Bearish…Down by 1bp
June 30, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in WAPCO (-3.00%) and GTCO (-1.52%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.01% to close at 119,978.57 points. YTD returns declined to 16.57%, while market capitalization closed […]
