AGS NEWS – The Nigerian government has presented 12 oil blocks and five deep offshore assets for sale to global oil sector investors during the ongoing 2024 Offshore Technology Conference in Houston, United States. During the African Oil Industry Opportunities … Continue reading Federal government invites global investors for sale of 17 oil blocks
AGS NEWS – Stock market investors in Nigeria witnessed a significant loss of N252 billion as the Nigerian Exchange continued its downward trend in trading on Thursday. This decline follows a total loss of about N467 billion between Tuesday and … Continue reading Investors lose N252bn on bearish equity trading
Governor Sanwo-Olu has called upon local and international investors to collaborate with Micro, Small, and Medium Enterprises (MSMEs) in Lagos to enhance their products and services, breaking into the African Continental Free Trade Area and the global market. The governor … Continue reading Sanwo-Olu invites investors to boost MSMEs for global market access
The Nigerian Exchange Limited (NGX), positive trading momentum persisted for the fifth consecutive day, resulting in a substantial N86 billion gain for investors on Thursday. The NGX has maintained its positive trend since last Friday, carrying it through the fourth … Continue reading Positive market sentiment propels investors to gain N86 billion
The Minister of Solid Minerals Development, Dele Alake, commended the visit of investors from Mexico seeking opportunities in Nigeria’s solid minerals sector. President Bola Tinubu’s administration has implemented incentives to facilitate business for investors, including zero-duty on equipment for solid … Continue reading FG extends warm welcome to Mexican investors
Investors in the Nigerian Exchange Limited (NGX) faced a N150 billion loss over the past week as bearish sentiment dominated the trading landscape, interrupting a series of consecutive weeks of gains. The downturn was primarily attributed to profit-taking and the … Continue reading Investors face N150 billion loss in stock market within a week
Stock investors kicked off the second half of the year on a positive note, as they accumulated gains of N533 billion on the first trading day. The All-Share Index rose by 1.61%, closing at 61,949.24 index points, while the market … Continue reading Stock investors kick off second half of the year with N533bn gain
The Nigerian stock market has witnessed an unprecedented rally, spurred by the new government’s reforms, resulting in investors gaining over N2.2 trillion in just two trading sessions. The market capitalization, which was at N30.454 trillion the previous week, experienced a … Continue reading Investors gain N2.2tr in two trading days
Investors in the Nigerian Exchange experienced a loss of N37 billion on Thursday, attributed to declines in the share prices of Stanbic IBTC Holdings, Wapic, GlaxoSmithKline, FCMB, and other companies. This led to a 0.12 percent decrease in both the … Continue reading Stock investors suffer N37bn loss on Nigerian exchange
Nigerian Exchange Limited (NGX) experienced a downturn, ending its four-day gains, as market capitalization took a hit of N216 billion due to selloffs in BUA Cement and 19 other stocks. The All-Share Index also recorded a decline of 0.75 percent, … Continue reading Investors suffer N216 billion loss as BUA Cement and 19 stocks experience selloff
Investors on the Nigerian Exchange Limited (NGX) suffered a loss of N674 billion last week as the market remained open for only four trading days due to public holidays declared by the Federal Government for Easter celebration. The All-Share index … Continue reading NGX investors suffer N674bn loss in 4-day bearish trading
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