Ngx - Tell Vibes

NGX Soars to Second Place in African Markets with Trillion-Naira Gains

July 10, 2024September 4, 2023 by Tell Vibes

In the period spanning from June to August 31, the Nigerian Exchange Limited (NGX) exhibited remarkable financial prowess, accumulating substantial gains amounting to 16.388 trillion Naira. This financial achievement positions NGX as the second-best-performing exchange market across the African continent over the past three months, with the Ghana Stock Exchange taking the lead. Analyzing the … Read more

Fidelity Bank has been reclassified as a medium-priced stock by the NGX.

July 8, 2024July 24, 2023 by Tell Vibes

Fidelity Bank Plc has been reclassified by the Nigerian Exchange Limited (NGX) from a small-price stock to a medium-price stock. According to Rule 15.29 of The Exchange’s 2015 Rulebook (Dealing Members’ Rules), stocks priced above N5 per share for at least four of the most recent six months of trading, or new securities listings priced … Read more