After five consecutive negative trading sessions, Nigerian equities on Thursday broke away from the recent spate of decline as bargain-hunters sought to take advantage of the...
The recent spate of downtrend at the Nigerian Stock Exchange (NSE) entered the fourth consecutive trading sessionon Wednesday, raising the negative average year-to-date return for Nigerian...
The Nigerian stock market reopened on Monday with worsening price depreciation as increased sell orders overwhelmed bargain-hunting, throwing the market into a five-hour loss of N233...
After two consecutive positive trading sessions, Nigerian equities succumbed to the profit-taking transactions on a handful of highly capitalised stocks. In spite of widespread gains, losses...
Nigerian equities closed almost flat on Wednesday as underlying selling sentiments widened. The main indices at the Nigerian Stock Exchange (NSE) indicated a marginal gain of...
Nigerian equities started this week on a negative note as a combination of slowdown in bargain-hunting and profit-taking weighed down the overall market situation. After a...
Nigerian equities lost N135 billion last week in a month-end portfolio readjustments that saw investors tilting towards low-priced stocks, otherwise known as penny stocks. Low-priced stocks...
After two successive negative trading sessions, Nigerian equities rode on the back of gains by major downstream oil companies and other highly capitalised stocks to regain...
Nigerian equities continued on the downtrend on Wednesday, running a second consecutive trading session on a mix of profit-taking transactions and portfolio realignments. The downtrend on...
Nigerian equities played along with the global emerging markets last week as increased demand for high-cap stocks on the Nigerian Stock Exchange (NSE) rallied the overall...
Quoted equities on Thursday surmounted the initial negative reaction that greeted the decision to raise interest rate by the Central Bank of Nigeria (CBN) as increased...
Investors reacted sharply on Wednesday to the increase in benchmark interest rate by the Central Bank of Nigeria, dumping quoted shares to buy fixed-income securities. The...
Nigerian equities remained on the upswing on Tuesday but the undercurrents at the stock market showed widespread sell pressure, limiting the positive overall market position to...
The Nigerian equities witnessed widespread selling pressure in the first trading session of the week but gains by the major stocks in the cement and banking...
The Nigerian Stock Exchange (NSE) will place Vono Products Plc on full suspension as from today, Monday, March 21, kick-starting the delisting process for one of...
Nigerian equities failed to respond positively to corporate earnings reports and dividend recommendations released last week as investors weighed investment options in the light of this...
After three consecutive negative closing positions, leading quoted equities rallied the stock market on Thursday to a marginal gain in spite of widespread selling pressure. With...
The downtrend at the Nigerian stock market entered the third consecutive day on Wednesday as market forces failed again to respond to the stimulus of a...
Nigerian equities recorded second consecutive negative trading session on Tuesday as concerns over rising inflation and corporate warning on low earnings mitigated the otherwise positive influence...
Nigerian equities reopened this week with a tinge of profit-taking as investors sought to monetize the capital gains from the sustained rally in recent trading sessions....
Nigerian equities muffled a mid-week profit-taking to sustain their upwardly trend last week, playing the contrarian stocks in a global stock market characterized by declines across...
The band between advancers and decliners narrowed on Thursday but the overall market situation drew on cross-sectoral gains from large, mid and small cap stocks to...
While the underlying bargain-hunting and resultant positive sentiments remained widespread, losses recorded by the two most capitalised companies at the Nigerian stock market- Dangote Cement and...
Nigerian equities reopened on Monday with continuing bargain-hunting for undervalued dividend-paying stocks amidst caution that the longest rally this year might give way to another round...
In from Allantee Success . . . Japanese company, Suntory Beverage & Food (SBF) Limited, has made preliminary offer to purchase the drinks business of GlaxoSmithKline...
Nigerian equities recorded their best performance so far this year last week as resurgence in bargain-hunting and increased demand for quoted equities halted the year-running recession...
The Nigerian equities market took a turn for the worse in the immediate past week as investors lost N1.21 trillion. With the global crude oil price...
As losses at the Nigerian stock market top N1.5 trillion in the past nine days, authorities at the Nigerian Stock Exchange (NSE) have activated the market’s...
The Nigerian Stock Exchange (NSE) has started the final review of its group and sectoral indices. The newly reviewed indices will take effect on January 1,...
Concerns about the risk profile and income outlook of Nigerian banks coloured the overall market performance at the Nigerian stock market last week as investors re-priced...
Nigerian equities stooped to their lowest value in three years early last week but quickly rebounded to close the week with a modest week-on-week gain of...
Quoted equities remained largely under pressure last week in spite of the Tuesday cut in the benchmark interest rate by the Monetary Policy Committee (MPC) of...
Nigerian equities turned negative yesterday as investors await clear fiscal and monetary direction from the newly constituted Federal Executive Council (FEC). President Muhammadu Buhari on Wednesday...
Guaranty Trust Bank (GTBank) Plc saw unusually large turnover yesterday at the Nigerian Stock Exchange (NSE) as investors staked N7.75 billion on the shares of the...
In from Success Allantee . . . For an average investor that had bought shares on the Nigerian stock market at the onset of this year,...
The Nigerian Stock Exchange (NSE) has announced the appointment of a consortium of Rand Merchant Bank (RMB) and Chapel Hill Denham (CHD) as the financial advisers...
In from Success Allantee … Nigerian equities continued its cautious upward trend yesterday as a mix of bargain-hunting and cautious trades continued to moderate the overall...
The Nigerian stock market expectedly reacted sharply but negatively to Tuesday’s announcement of the delisting of Nigerian government bonds from the JP Morgan’s emerging markets bond...
In from Success Allantee … Nigerian equities witnessed considerable recovery last week as improved corporate earnings and interim dividends combined with significant undervaluation of several stocks...
In from Success Allantee … After a four-day rally orchestrated by intense bargain-hunting and increased demand for equities, selling pressure re-emerged yesterday at the Nigerian Stock...
In from Success Allantee … Banking stocks were the toasts of investors yesterday as Nigerian equities rallied additional capital gains of N186 billion in the five-hour...
In from Success Allantee … The Nigerian stock market yesterday rode on the back of a strong sense of optimism and increased demand for shares to...
In from Allantee Success … Discussions are currently underway between participants in major African securities markets of Nigeria, Kenya and South Africa to launch the cross-listing...
In from Success Allantee … Nigerian equities suffered a major reversal last week as intense selling pressure and low demand shaved off N253 billion from market...
In from Success Allantee … The Investors’ Protection Fund (IPF) of the Nigerian Stock Exchange (NSE) has concluded arrangements to pay a total of N42.23 million...
An average investor in the Nigerian stock market has lost about 13 per cent of his portfolio so far this year as a largely negative market...
In from Success Allantee … A new vista opened for the integration of the capital markets in the West Africa with the successful take off of...
In from Success Allantee … United Kingdom and Nigeria have launched a joint investment and development initiative aimed at boosting investment and capital flows between the...
The Nigerian Stock Exchange (NSE) in partnership with the an expert on United Kingdom Emerging Capital Markets, are to introduce a report that will make recommendations...
In from Success Allantee… United Capital Plc, a Nigerian investment banking group quoted on the Nigerian Stock Exchange (NSE), and Lion’s Head, have been appointed as...