Tag: #CapitalMarket
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INSIDER TRADING ALERT: SHAREHOLDERS DEMAND TOUGHER SANCTIONS AFTER NGX WARNING
Investor groups are pushing for harsher penalties after the Nigerian Exchange flagged three companies over insider trading violations. Shareholders’ associations are calling for stricter enforcement and tougher penalties following insider trading warnings issued by the Nigerian Exchange Limited (NGX). The exchange recently sanctioned Sterling Financial Holdings Company Plc, Mutual Benefits Insurance Plc and Austin Laz…
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NGX ENDS WEEK MIXED AS MARKET VALUE JUMPS ₦184BN
Fresh share listings lift capitalisation despite a slight dip in the index Trading on the Nigerian Exchange (NGX) closed on a mixed note on Friday, with market capitalisation climbing by ₦184 billion even as the benchmark index slipped slightly. Market value rose 0.17% to ₦106.15 trillion, boosted mainly by Presco’s additional 166.7 million shares and…
