The Nigerian Exchange Group Plc (NGX Group) has reported N1.6 billion gross earnings for the first quarter (Q1) 2023, representing a 14.2% year-on-year (Y-o-Y) decline from N1.8 billion it posted in Q1 2022. The Group, in a statement issued on audited financial performance in the quarter under review, indicated that the decline in gross earnings […]
…..defends appointments of new directors The Nigerian Exchange Group Plc (NGX Group) has reiterated its commitment to upholding the highest corporate governance ethics in its operations in furtherance of its long-term strategy to ensure competitive returns for investors in the nation’s equities market. The Group, in a statement issued on Wednesday, assured that its […]
The Group Managing Director of the Nigerian Exchange Group Plc (NGX Group), Mr. Oscar Onyema, has said that the agricultural sector holds huge potential for Nigeria in terms of generating the much-needed foreign exchange for sustainable development of the country. Onyema, who made this remark at the 26th Annual Chartered Institute of Stockbrokers’ conference held […]
The Nigerian Exchange Limited (NGX) has projected that 2022 would witness significant investment in digital transformation and market sustainability. The projected investment in digital transformation and market sustainability was one of the high points and priority areas of the market for the year listed by the NGX at its annual 2021 Market Recap and 2022 […]
MTN Nigerian Communications Plc (MTN Nigeria), one of Nigeria’s Mobile Network Operators (MNOs), has obtained the approval of the Securities and Exchange Commission (SEC) to launch Series II 10-Year Fixed Rate Bond. A notice issued the telecom operator’s Company Secretary, Uto Ukpanah, and sent to the Nigerian Exchange Group (NXG) indicated that the Series II Bond […]
The Nigerian Exchange Group Plc (NGX Group) on Friday announced the suspension of trading in the shares of Guaranty Trust Bank (GTB) Plc ahead of the listing of the lender’s holding company on the exchange. The Head of NGX Group listings regulation department, Godstime Iwenekhai, through a bulletin, stated that suspension of trading in the […]