Fewer trading sessions were conducted this week than the last due to a two-day break on Monday and Tuesday, observed in commemoration of the Ramadan festival....
The Nigerian stock market returned to winning ways on Friday as the Industrial Index emerged the best performer across the sectorial indices with two of the...
Dangote Sugar Refinery Plc Friday reported it posted a slump in profit in the sum of N631.816 million between January and March this year relative to the...
Large volumes of heavyweight bank stocks –FBN Holdings, Access Bank, Zenith Bank, UBA and GTB –were dumped for sale at Thursday’s trade session of the Nigerian...
The total market value of Nigerian stocks at the close of business on Wednesday was just a leap over the figure posted at the last session...
The market maintained an upbeat trend throughout this week as buy pressure outweighed investors’ desire to sell off their stocks. Trade volume was at six-week high...
The Nigerian equity market closed on an upbeat note Friday, triggered by gains in blue-chip stocks. However, a positive market breadth was recorded as 29 losers...
Buy pressure in blue-chip stocks lifted the market higher Thursday as market capitalisation expanded by N159.553 billion The Insurance Index posted the biggest sectorial gain, going...
The Nigerian bourse further gained Wednesday as the prices of a couple of heavyweight bank and industrial stocks strengthened. Buy pressure on Dangote Cement, BUA Cement,...
BUA Cement Plc, which debuted on the Nigerian Stock Exchange (NSE) with common stocks numbering well over 33.864 billion in January, has reported a fall in after-tax profit...
The Nigerian bourse extended its gains on Tuesday by N136.087 billion, helped by a 2.08% lift in the Banking Index to 289.69 basis points on the...
The Nigeria bourse posted gain on Monday after closing flat on Friday, driven by appreciation in some big-cap and mid-cap stocks. While other sectorial indices depreciated,...
The size of trade during the week, which ended Friday, was worrisomely low, partly occasioned by the necessity to trade away from the Nigerian Stock Exchange...
Friday, the Nigerian equities market closed flat, the first time this year, following a balance of power in buy and sell strain after two days of...
Investors’ passion for bank stocks are showing no signs of waning as bank stocks led trade on Thursday with Zenith, GTB and FBN Holdings accounting for...
High demand for the shares of Mobil and Total was instrumental in the Nigerian bourse’s first gain in four days on Wednesday. The Oil and Gas...
Sell pressure on the stocks of three of Nigeria’s four biggest companies by market capitalisation —Dangote Cement, MTNN and BUA Cement —led the equity market to...
As witnessed at the last session, the determination of many investors to cash out of their stocks caused the market to close in the negative territory...
Food-processing giant, Nestlé Nigeria Plc, has reported a N1.651 billion fall in after-tax profit for First Quarter 2020 compared to the relative period of 2019. The comprehensive...
The Nigerian bourse recorded considerable gains Monday through Friday as investors’ appetite for big-cap and medium-cap equities continued to grow. However, the bull run in the...
Profit-taking in big-cap stocks led by MTNN, GTB and BUA Cement disrupted the nine-day bull trend on the Nigerian Stock Exchange Friday, causing the market to...
The market maintained the current uptrend on Thursday as bargain-hunting efforts lifted equities further. Gains in bellwethers such as Nestle, Dangote Cement and Nigerian Breweries largely...
Sterling Bank Plc has reported a N1.175 billion plunge in profit for first quarter 2020, compared to the corresponding period of 2019. The highlights of the tier...
Equities on the Nigerian stock market rose for the eight consecutive session Wednesday amid investors’ relentless interest in blue-chip stocks. Buy pressure on large-cap and mid-cap...
For the seventh day in a row, the Nigerian bourse recorded gain at Tuesday’s session as the market added up about N374.945 billion, the biggest single...
The bull run in the Nigerian equities market continued Monday as market capitalisation crossed the N12 trillion mark even though the volume of trade remained low...
The Nigerian equities market posted gains Monday through Thursday as bargain-hunting efforts sustained a positive trend all week long. Investors showed particular preference for blue-chip equities,...
The Nigerian bourse sustained its current bull run Thursday, recording its fourth straight gain as heavyweight stocks pushed market capitalisation close to the N12 trillion mark....
Sustained buy pressure in blue-chip equities lifted the Nigerian bourse higher on Wednesday as the key performance indicators ended in the positive territory. Bargain-hunting, particularly in...
The market sustained its bull run Tuesday, appreciating by N58.154 billion as investors’ interest in blue-chip equities rose further. Buy pressure in bellwethers such as Nestle,...
The Nigerian equity market recorded a modest gain on Monday amid a lower trade volume compared to last week’s session. Bargain-hunting in blue chip stocks including...
Lagos-based upstream exploration and production company, Seplat Petroleum Development Company Plc, Monday reported an 89.5% leap in profit for Full Year 2019 compared to the relative...
Both positive and negative sentiments defined investors’ attitude to the market this week as gains and losses were recorded in the five trade sessions. The bourse...
Trading on the Nigerian Stock Exchange ended on a positive note Friday as bargain-hunting efforts led the market to appreciate by N67.014 billion. Across the sector...
The Wema Bank board has announced its proposal of N0.04 dividend per share translating to a total dividend of about N1.543 billion for Full Year 2019. In its notice to...
Access Bank Plc has reported a N218.790 million or 0.53% plunge in its First Quarter 2020 profit compared to the same period of 2019. The full account...
Profit-taking especially in blue chip equities led investors to dump large volumes of shares for sale Thursday as the market shed N161.302 billion. A negative market...
The Nigerian bourse rebounded on Wednesday after recording depreciation in the previous session. Gains posted by blue-chip equities led by WAPCO, Zenith Bank, BUA Cement, PZ...
The Nigerian equity market closed in the negative territory on Tuesday as profit-taking activities in blue-chip stocks triggered a loss of over N151.392 billion. A negative...
The Nigeria bourse recorded its first loss in nearly two weeks on Monday as profit-taking in a number of blue-chip equities caused market capitalisation to dip...
The market recorded gains in all its four sessions this week with no activity recorded on Monday being public holiday commemorating Easter. Nigerian Breweries, Conoil and...
The Nigerian equity market recorded its fourth gain in a row on Friday, meaning that all the sessions for this week closed on a positive note....
Bargain-hunting in bellwether stocks continued Thursday, causing the Nigerian bourse to record its third gain in a row this week. All the key market indicators ended...
The bull run entered its fifth day Wednesday in the Nigerian bourse, primarily driven by bargain hunters’ preference for blue-chip equities in the industrial, banking, and...
Resuming from a 2-day Easter holiday, the Nigerian stock market appreciated by N258.451 billion on Tuesday, marking the fourth daily gain in a row. Today’s positive...
Gains in large-cap equities led by Nestle and Seplat ushered the Nigerian bourse into its third day of bull run on Thursday. Bargain hunting has been...
The Nigerian bourse sustained the fairly positive performance it recorded Tuesday at the end of Wednesday trade with all the key performance indicators ending towards the...
The steep decline in activities that have dominated the market in the last couple of days reached a new low Tuesday with Trade Volume tumbling by...
The market posted one of its biggest single day losses this year on Monday, shedding about N221.615 billion as negative sentiment remained rife. Profit-taking in industrial...
Heavy sell-offs in the shares of the two most capitalised companies on the Nigerian Stock Exchange –Dangote Cement and MTNN –accounted primarily for the N13.851 billion...