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Market Updates

Market Updates

FTN Cocoa, McNichols drive N26.5bn gain for investors

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Trading activities on the floor of the Nigerian Exchange Limited closed on a positive note on Tuesday, driven by investor demand for agricultural and consumer goods stocks. The benchmark market capitalisation rose as key equities posted gains, led by FTN Cocoa Processors Plc and McNichols Consolidated Plc, which both recorded...
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NGX ASI rises 1.20% on final August trading day

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The Nigerian Exchange Limited ended August on a resilient note as a late buying surge pushed the All-Share Index up 1.20 per cent on the final trading day, cementing a year-to-date return of 56.93 per cent despite profit-taking and portfolio rebalancing that characterised overall trading during the month. The late-month...
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Firm launches in Nigeria to drive strategic execution

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Management consulting firm, DAC Consulting, has officially commenced operations in Nigeria, unveiling an integrated 360-degree approach to help organisations bridge the critical gap between strategic planning and execution. The firm explained that its establishment was driven by the need to address the systemic execution breakdowns that frequently prevent businesses from...
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PFAs, insurers targeted as IIF mobilises SME capital

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The Impact Investors Foundation has announced plans to host its 9th Annual Convening on Impact Investing in Lagos, aimed at unlocking domestic institutional capital from Pension Fund Administrators, insurance companies, and sovereign wealth vehicles to finance small and medium-sized enterprises across Nigeria. The two-day summit, themed ‘Unlocking Institutional Capital for...
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