Category: Business
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Investors lose N70bn as stock market indices decline
The stock market on Wednesday closed on a negative note, as performance indices dipped by 0.10 per cent.
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Equity market gains N20bn
The stock market on Tuesday recorded a positive trend after a day of bearish notes, as key performance indicators soared by 0.03 per cent.
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Stock market sheds N8bn on profit-taking
The stock market began the week with a slight downturn on Monday, as key performance indicators dipped by 0.01 per cent.
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Stock market gains N151bn on buying interest
The Nigerian Exchange Ltd. (NGX) closed on a positive note on Friday, as the stock market gained N151 billion, driven by strong investor interest in select equities.
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Naira depreciates to N1,600 per USD at official market
The Naira depreciated on Friday at the official market, trading at N1,602.18 to the dollar.Data from the Central Bank of Nigeria (CBN) website showed that the Naira lost N5.49.
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CBEX: SEC blows hot, vows to deal with promoters of Ponzi schemes
The Securities and Exchange Commission (SEC) has warned social media influencers and bloggers against promoting unregistered investment schemes.
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Transactions on NGX down 23.15%, investors lose N9bn
Stock market investors traded 1.525 billion shares worth N43.006 billion in 51,156 transactions this week on the floor of the Nigerian Exchange Ltd.
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CBEX: Investigations ongoing, promoters will not go scot-free – SEC
The Securities and Exchange Commission (SEC) has stated that Crypto Bridge Exchange (CBEX) was never granted registration to operate as a digital assets exchange in Nigeria.
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NGX records N445bn loss amid mixed trading
Trading on the Nigerian Exchange Ltd. (NGX) ended negatively on Wednesday, with market capitalisation falling by N445 billion after a day of positive performance.
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Stock market rebounds with N19bn gain
The Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion.