Nigerian equities broke into a new rally on Tuesday as bargain-hunters upped demand for quoted shares. With nearly two advancers for every decliner, the overall market...
The Minister of Finance, Kemi Adeosun, has waded into the latest controversy surrounding the trading of Oando shares involving the Securities and Exchange Commission (SEC) and...
Investors on Thursday at the Nigerian Stock Exchange (NSE) traded on a ding-dong of one up one down as investors continued to realign their portfolios ahead...
Nigerian capital market authorities presented contradictory clarifications on the regulatory impasse that saw the lifting of technical suspension on Oando Plc and reversal of the same...
Nigerian equities continued on the upward for the second consecutive trading session on Wednesday as investors sustained bargain-hunting for mid and large-cap stocks. With more advancers...
Barely three hours after lifting technical suspension on the shares of Oando, authorities at the Nigerian Stock Exchange (NSE) have reinstated the technical suspension, throwing the...
Nigerian equities rode on the back of bargain-hunting for highly capitalised companies to stage a modest recovery, halting a downtrend that had seen the market losing...
After losing N240 billion last week, Nigerian equities reopened on Monday with a hangover of the downtrend with nearly two decliners for every advancer. Benchmark indices...
Nigerian equities started the second quarter on a negative note as sustained price depreciation placed the Nigerian market in the top bracket of backsliding emerging markets....
Nigerian equities rode on the back of increased bargain-hunting to halt a running downtrend, recouping net capital gain of N46 billion in their first positive trading...
Nigerian equities remained on the downtrend for the second consecutive trading sessions in the second quarter, raising concerns on the extension of the losing streak that...
Investors in Nigerian equities lost total net value of about N557 billion in March as the peak of the earnings season failed to sustain the bullish...
Nigerian equities lost N159 billion on Wednesday, paring the average year-to-date return for Nigerian equities to 6.69 per cent. Investors upped supply amidst continuing profit-taking transactions...
The downtrend at the Nigerian equities market continued on Tuesday with more investors opting to trade their shares at lower prices. Benchmark indices at the Nigerian...
There were exactly two advancers for every decliner as the Nigerian equities market reopened on Monday but losses by large-cap stocks in the financial services and...
After six consecutive negative trading sessions, Nigerian equities staged a recovery on Thursday as investors stepped up bargain-hunting for mid and large-cap equities. Benchmark indices at...
Nigerian equities continued on the downtrend on Wednesday as investors showed preference for profit-taking than dividend yields. Equities dropped by 0.46 per cent on Wednesday, equivalent...
As the investing public awaits its results, CWG Plc has alerted that it has recorded significant decline in its performance. The board of directors of the...
Construction company, Julius Berger Nigeria Plc showed continuing decline in its 2017 operations as gross profit declined from N54.23 billion to N44.3 billion. Shareholders of the...
Building materials multinational-LafargeHolcim has injected some N96 billion into Lafarge Africa Plc as part of financial restructuring aimed at unburdening the balance sheet of the Nigerian...
The release of major corporate earnings reports failed to stimulate the Nigerian equities market in the immediate past week as investors scrambled to offload Nigerian banking...
Transactions at the Nigerian Stock Exchange (NSE) on Thursday were dominated by profit-taking sentiment as investors appeared to be opting for monetisation of capital gains than...
Nigerian equities rode on the back of gains by highly capitalised stocks to stage a marginal recovery on Tuesday. While there were more decliners than advancers,...
After losing N236 billion in a major contraction on Wednesday, Nigerian equities recovered on Thursday amidst increased bargain-hunting for consumer goods manufacturers and banking stocks. Benchmark...
Milost Global Inc, an American private equity firm, is bidding to acquire an overwhelming majority equity stake in ailing Nigerian mortgage firm, Resort Savings & Loans...
Nigerian equities lost N236 billion on Wednesday as profit-taking transactions on large-cap stocks overwhelmed the underlying positive sentiment at the market. While there were more advancers...
Nigerian equities remained on the uptrend on Tuesday as large-cap stocks rallied the market to a net capital gain of N35 billion. While there were more...
Nigerian equities market continued on the upward trend as bargain-hunting for dividend-paying stocks spurred a market-wide rally that left investors with net capital gain of N229...
African equities were the major contrarian stocks in global downtrend that dominated trading in the immediate past week with Nigerian equities riding above negative hangover to...
After a topsy-turvy in the first two trading sessions of the week, Nigerian equities broke into a major rally on Wednesday with a gain of N370...
Nigerian equities opened this week with a tight market situation as investors weighed valuations against prospective dividend payouts to determine the direction and degree of their...
Nigerian equities ended the week with a marginal net capital loss of N25 billion as a first-day upset on Monday overwhelmed subsequent four-day consecutive recovery. Nigeria’s...
For the third consecutive trading session, Nigerian equities continued on the upswing on Thursday as investors stepped up bargain-hunting for value stocks. The overall market situation...
Investors with shares in the banking sector on the Nigerian Stock Exchange, NSE have lost over N100.8 billion in two trading days of the week following...
Nigerian equities rallied net capital gain of N155 billion on Thursday as investors continued bargain-hunting for quoted shares ahead of the main earnings season for the...
After losing about N1.05 trillion in seven days of consecutive depreciation, Nigerian equities regain their rally on Wednesday with a net capital gain of N166 billion...
Nigerian equities recorded their highest loss in five months on Tuesday as continuing selloff pulled the market to a net capital loss of N369 billion. Benchmark...
Investors struck N3.84 billion deals for the transfer of about 6.06 per cent equity stake in Sterling Bank Plc Thursday, raising speculations that some major shareholders...
After it took a dip on Wednesday, high-cap stocks rallied the Nigerian stock market back to the uptrend on Thursday with a modest average gain of...
After losing N462 billion last week in the first week-on-week decline in 2018, Nigerian equities reopened on Monday with a strong rally with more than three...
For the fourth consecutive day, Nigerian equities continued on the downtrend as profit-taking transactions by investors seeking to monetise capital gains persisted, despite the underlying bargain-hunting...
Nigerian Breweries Plc on Wednesday listed 67.8 million ordinary shares of 50 kobo each. The supplementary shares were due to the scrip dividend scheme offered by...
Investors in May & Baker Nigeria Plc received a major boost on Wednesday with the inauguration of the board of the group’s domestic vaccine-producing company– Biovaccines...
Most transactions at the Nigerian stock market were closed on Wednesday at a discount as a scramble for exit by profit-takers continued to pressure the market...
The profit-taking trend that started the Nigerian equities market on Monday worsened on Tuesday as investors increasingly sought to monetise recent capital gains. Benchmark indices at...
After three weeks of consecutive capital appreciation, Nigerian equities reopened on Monday to a tinge of profit-taking as investors sought to monetise capital gains. With a...
After three successive bullish trading sessions that saw equities net N712 billion in capital gains, investors in Nigerian equities turned around on Thursday to monetise the...
The Nigerian Stock Exchange (NSE) expects the strong rally that left the equities market with average gain of 42.3 per cent in 2017 to continue in...
Nigerian equities rallied net capital gain of N336 billion on Tuesday to push the year-to-date gain for the 11 trading sessions so far in 2018 to...
Authorities at the Nigerian Stock Exchange (NSE) have started a process that will lead to voluntary delisting of the only soft-drink company quoted on the Exchange-Seven-Up...