Bridging the housing gap: Inside Stanbic IBTC’s Abuja Developers Roundtable - Businessday NG

Nigerian Exchange — DANGSUGAR Holds Up Better Than DANGCEM With NGN 667.7m Traded

DANGSUGAR slipped just 0.3% to NGN 70.9 on the day, but is down 4.2% over five sessions. The stock is holding up far better than DANGCEM, which has fallen 18.4% over the same stretch, even as the broader Nigerian market posts an index rebound.

Market Bulletin Ellah Lakes Plc's Debt to Equity Conversion

NGX ASI falls 0.84% as FCMB drops 6.5% despite Guinea Insurance's 10% jump

The NGX ASI closed at 1,791.56, down 0.8424% on June 23, while Guinea Insurance jumped 10% despite the broader decline, according to analyst notes. FCMB fell 6.5% to NGN10.15, deepening pressure on bank stocks, after GTCO's 10% gain on June 22 had masked a more fragile market, analysts said. Away from the index, MTN Nigeria vested 129,129 shares worth NGN103.3 million in 6 employees and appointed Bukola Ajayi as CIO, according to TechNext.ng and CIO Africa. In energy, Tony Elumelu was appointed Seplat Energy chairman, according to LEADERSHIP Newspapers, while ARADEL slipped 4.6% over 5 days despite Brent at $77.54, analysts said.