Despite reconstructing its total shares to look appealing to investors, existing shareholders are dumping their holdings in Lasaco to protect their losses – this shows the...
Nigeria’s bourse continued to bask in its bull zone on Wednesday as investors closed the stock market with a N27 billion gain. Trading on the floor...
February is the month of love, but investors seem to have none for Access Bank at the stock market as Ripples Nigeria discovered one week-long sell-off...
Hello, and welcome to the very first Business Roundup for the year. Here, we bring you highlights of events that happened during the week -from the capital...
Trade activities continued to be boosted by the optimism of investors in the market condition of the Nigerian Stock Exchange (NSE) this week, with stocks appreciating...
The ongoing looting and wanton destruction of properties is making Nigeria a hard sell for investors, the Nigerian Association of Chambers of Commerce, Industry, Mines and...
Equity investors at the Nigerian Stock Exchange (NSE) recorded gains coming up to N350.148 billion this week after each trade session from Monday to Friday ended...
The equity section of the Nigerian Stock Exchange (NSE) ended Wednesday’s trade in the negative territory as profit-taking efforts intensified, with investors dumping big volumes of...
Higher sell pressure was evident in market activities this week with investors taking several profit-making moves that weighed on the value of stocks. The bourse recorded...
Profit-taking in heavyweight stocks including Dangote Cement and BUA Cement (two of the four most capitalised stocks on the Nigerian Stock Exchange) cost investors N198.054 billion...
The Nigerian equities market extended last week’s losses on Monday as profit-taking efforts caused investors to dump large volumes of stocks for sale. The market shed...
The Nigerian stock market recorded the second consecutive loss this week Tuesday as profit-taking led the market to close in the negative territory. So far this...
For the second day running, the Nigerian bourse recorded modest appreciation driven by increasing positive sentiments among equity investors despite the general economic uncertainties. A positive...
Investors, on Wednesday, lost N102.7 billion in the trading session on the Nigerian Stock Exchange (NSE). Market capitalisation dropped to N12.9 trillion from N13 trillion the...
Niger Chamber of Commerce, Industry, Mines and Agriculture has expressed concern over the level of insecurity in the country which it said may make doing business...
Full and proper implementation of the 2019 budget will shore up investors’ confidence in the Nigerian economy, some experts and the Lagos Chamber of Commerce and...
The Nigerian stock market has reverted to its losing trend, after the momentary gains recorded on Wednesday, as investors lost N56 billion at the closed of...
The Nigerian Investment Promotion Commission, NIPC, has said that the country received investment committment worth $90.90 billion for 93 projects between January and December last year....
Leading first-tier banks are expected to announce dividends and audited report and accounts for the 2018 business year in the next few days, kick-starting the much-awaited...
Many local and international investors are showing interest in investing in Arik Air and Aero Contractors, our correspondent has learnt. It was gathered that since the...
As the federal government resumes privatisation of some national assets, THISDAY learnt at the weekend that negotiation of fresh terms has begun with preferred bidders of...
In the just concluded week, the sustained sell pressures by foreign portfolio investors in their quest to exit the market for developed economies triggered bearish performance...
The controversy surrounding the power sector in the country on Tuesday took a new dimension as investors in the electricity Distribution Companies (DisCos) threatened to quit...
The stock market on Thursday rebounded on bargain hunting in bellwether stocks after two consecutive trading sessions which caused investors to lose N126 billion. Specifically, the...
Equities traded on the Nigerian Stock Exchange (NSE) on Monday resumed its negative trend amidst price gains after it closed trading activities last Friday in the...
The 9th edition of the West Africa Investors’ Conference is set to hold in Abuja and Lagos, to engage and explore growth potential and opportunities in...
Investors appeared to have turned to low-priced stocks, otherwise known as penny stocks, as bargain-hunters seek to build strong lead in low-priced value stocks with potential...
Investors staked N23.12 billion on 94.7 million shares of Dangote Cement Plc on Tuesday at the Nigerian Stock Exchange (NSE), as the most capitalised quoted company...
Investors need to beware while seeking to buy or trade on shares of 49 quoted companies, a latest compliance assessment report by the Nigerian Stock Exchange...
Nigerian equities sustained their rally for the 11th consecutive trading session on Thursday as investors’ appetite for large-cap and bargain stocks left the overall market position...
Nigerian equities continued to ride high against the expectation of resurgent profit-taking as investors on Thursday shifted demand to low-priced financial services stocks in an exceedingly...
The disclosure by government that, baring any unforeseen circumstances, new investors will take over the management of Nigerian refineries, by September 2017, has started causing some...
The Nigerian Stock Exchange (NSE) has alerted the investing public on the inability of 11 quoted companies to submit their annual reports within the stipulated period....
Equities traded on a tie on Tuesday with investors matching up advancers with decliners in a dead heat that saw the market almost closing flat. The...
Following its sale to new investors, Keystone Bank Limited has appointed Hafiz Bakare as the new Acting Managing Director/Chief Executive Officer. Also appointed was Alhaji Umaru...
Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new investors have finally taken possession with...
Nigerian equities continued on the uptrend on Thursday, rallying N41 billion in net capital gains as investors showed increased appetite for several stocks across many sectors....
Despite claims by Nigerian officials that the country’s $1bn Eurobond sale was oversubscribed, investors are still insisting that permanent peace be found in the oil producing...
Investors at the Nigerian stock market reacted with a seemingly overwhelming rush to sell as Guinness Nigeria Plc on Thursday announced that it posted a net...
Investors netted N70 billion in capital gains on Wednesday as the Nigerian stock market reopened after the Christmas holidays to sustained bullish rally, in a clear...
The Nigerian stock market reopened on Monday with a strong rush to capitalise and lock in gains made in recent trading sessions. With a whooping gain...
The modest price recovery in the previous three trading sessions broke into a major rally on Tuesday as the stock market reopened to increased bargain-hunting transactions....
Nigerian equities halted a three-day downtrend on Thursday as investors upped demand for Guaranty Trust Bank (GTBank) Plc, which announced impressive growths in earnings in the...
For the second consecutive trading session, Nigerian equities remained on the downtrend as emerging third quarter earnings failed to quicken investors’ appetite for quoted shares. After...
The selling pressure and momentum of activities intensified on Thursday at the Nigerian stock market as investors remained unexcited by emerging corporate earnings for the third...
Nigerian equities sustained a modest rally on Wednesday as improved investors’ appetite for oil and gas stocks spurred the market to a second consecutive positive session....
Despite the assurance by the CBN Governor, Godwin Emefiele, that Nigeria’s economic woes were getting over, a global rating agency, Standard and Poor (S&P.), at the weekend downgraded the country into what it termed “junk...
If well harnessed, Nigeria’s hotel business is expected to rake in $507 million into Nigeria’s economy in the next four years. But this will be subject...
The recent decision of the United Kingdom, UK to leave the European Union, EU, may have turned into a blessing in disguise for Africa, as reports...
The land swap policy introduced by the former administration of President Goodluck Jonathan may have hit a brick wall in the Federal Capital Territory (FCT) as...
