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Nigerian Bourse Opens First Trading Session of Year Bullish +1.6%

January 2, 2023/Cordros Report EQUITIES The domestic bourse started the first trading session of the year with bullish sentiments, as bargain hunting in AIRTELAFRI (+6.0%) and BUACEMENT (+5.2%) underpinned a 1.6% increase in the benchmark index. As a result, the All-Share Index closed at 75,990.88 points, with the Year-to-Date settling […]

Capital Importation into Nigeria Declines by 43.55% in Q3 2023

January 2, 2024/CSL Research According to the Nigerian Bureau of Statistics (NBS), Nigeria’s total capital importation into Nigeria in Q3 2023 was US$654.65 million, lower than US$1.16 billion recorded in Q3 2022, indicating a decrease of 43.55%. On a q/q basis, capital importation declined by 36.45% from US$1.03 billion in […]

NGX Reveals Results of Half-Year Review of Market Indices

January 2, 2023/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 half year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; […]