Foreign investors who were paid dividends for the 2021 financial year wish to repatriate their money, putting Nigeria's exchange rate at risk of exceeding N600/$1 on the unofficial FX market. On th...
Tuesday trading finished negatively following losses of big companies like BUA Cement, Sterling Financial Holding Company, and co as they caused the Nigerian Exchange to fall. Market capitalisation lo...
NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 21, 2024Overall Market Performance:- Volume: 360,558,689 shares were traded today.- Deals: These trades were executed in 8,813 deals.- Market Value: The total...
NGX Trading Summary for Friday, December 20, 2024The Nigerian Stock Exchange (NGX) wrapped up the final trading session of the week with notable market activities:1. Market Performance Highlights:• ...
What is Backtesting?Backtesting refers to the process of applying an analytical method or trade strategies on the existing model in order to observe how accurately the strategies would predict or dete...
Thousands of dollars have been staked in cryptocurrency by certain Politicians and their families. Cryptocurrency is being scrutinized by Congress as an investment option. According to a CNBC st...
Trading of Wema Bank Shares have been restricted by NGX Wema Bank Plc, or simply Wema Bank, is a commercial bank based in Nigeria. The Central Bank of Nigeria, the country's banking authority, has...
Investors at the Nigerian Exchange Limited closed January with the highest loss recorded for the year. Market capitalisation lost N1.07 trillion on Wednesday, January 31 2024.This is the third loss th...
Local stocks at the Nigerian Stock Exchange closed for the week's final trading session, also known as Q1 2024, with a gain of N158 billion in market capitalisation following share price appreciation ...
Key Points to Watch Before the Market Opens1. U.S. Stock Futures Steady Amid Record HighsU.S. stock futures are mostly flat after the S&P 500 and Nasdaq set new record highs on Monday. The Dow Jon...