Investment experts at Bancorp Securities Limited, one of Nigeria’s investment research and consulting services firms, have projected that given the current macroeconomic indices in the nation’s economic space, trading in the Nigerian Exchange this week holds prospect for good returns. The researchers, in the firm’s ‘Weekly Stock Recommendation for Oct 30th-3rd Nov 2023’ report specifically […]
Trading on the Nigerian Exchange on Friday closed positive as bullish investors controlled the trend after a 2-losing streak, with market capitalization gaining N33 billion at the end of the day’s transactions. As expected, the equities All-Share Index (ASI) traded 0.09% higher to close at 68,143.34 index points as against 68,082.11 index points recorded in […]
With dwindling foreign exchange (FX) accruals into the nation’s foreign reserves and inability of the Central Bank of Nigeria (CBN) to moderate the current depreciation of the Naira in the FX markets, financial experts at Bancorp Securities Limited on Monday predicted bearish outlook on the value of the Naira in the FX markets this week. […]
Investment analysts at Bancorp Securities Limited, a leading investment research and consulting services firm, have predicted that trading sentiments in the Nigerian Exchange (NGX) this week will be mixed as fiscal and macroeconomic policy measures of the new administration will affect investor sentiment. The experts, in the firm’s ‘Weekly Stock Recommendations Jul 10 – Jul […]
The Nigerian equities market suffered serious pullback during Tuesday’s trading session as investors rev up profit taking drives that significantly waned the market’s value at the close of the trading session on the bourse. Data from the Nigerian Exchange Group (NGX) in the trading session indicated that the All-Share Index (ASI) closed at 60,715.04 index […]
The Nigerian Exchange (NGX) opened July 2023 trading session bullish on Monday as investors continue to take advantage of profits in form of dividends over the past few weeks, impacting positively on the broad market’s breath at the end of the trading session. Data from the Nigerian Exchange Group (NGX) at the close of the […]
The Nigerian Exchange (NGX) closed negative at the end of Friday’s trading session as bears held way thereby impacting negatively on the broad market. Data from the Nigerian Exchange Group (NGX)showed that the All-Share Index (ASI) traded 0.04% lower to close at 55,930.97 index points as against 55,956.59 index points recorded in the previous day’s […]
The Nigerian Exchange (NGX) closed positive for the third consecutive trading session on Thursday amidst buy-interests and sell-offs in a trading session controlled by bulls, thereby driving up the broad market. Data from the Nigerian Exchange Limited on the trading session indicated at the close of the day’s trading, the All-Share Index (ASI) appreciated by […]
A customer of First City Monument Bank (FCMB), Mr. Clinton Nnajiaku, has emerged winner of a brand new Ford Figo car after he shopped and entered the Jumia Black Friday festival lottery.