Nigerian equities reopened this week with a tinge of profit-taking as investors sought to rebalance their portfolios as the month draws to an end. Benchmark indices...
After two consecutive trading sessions that saw a loss of N241 billion, Nigerian equities rallied back on Thursday as investors sought to take advantage of the...
For the second consecutive trading session, Nigerian equities remained under intense sell pressure on Wednesday as investors continued to readjust their portfolios in view of the...
Nigerian equities opened with a tinge of bearishness on Monday as losses by a handful of highly capitalised stocks dragged the market to a negative close....
Nigerian equities opened this week with a tinge of bullishness as rallies within the highly capitalised stocks counterbalanced profit-taking transactions to leave the market with overall...
United Bank for Africa (UBA) Plc showed improved performance in its latest results as the first generation commercial bank significantly grew its top-line and profit. Highlights...
Nigerian equities recovered from its recent losing streak on Wednesday as investors intensified bargain-hunting ahead of the third quarter earnings of quoted companies. Guaranty Trust Bank...
After two days of consecutive rally, Nigerian equities stumbled on Thursday on the back of a resurgent profit-taking trend as investors sought to monetise capital gains...
The benchmark index at the Nigerian Stock Exchange (NSE)-the All Share Index (ASI), on Thursday crossed another threshold to 37,000 points as investors netted N175 billion...
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 rose to their highest level over the past one month on Wednesday as continuing bargain-hunting for value stocks drove the market to its 10th...
The rally at the Nigerian stock market continued on Thursday with a net capital gain of N92 billion, bringing the total gains by equities in the...
The rally at the Nigerian Stock Exchange (NSE) entered its fifth consecutive session on Wednesday as investors continued to take positions in value stocks. With nearly...
For the fourth consecutive trading session, Nigerian equities sustained a positive outlook as investors continued bargain-hunting for stocks. Benchmark indices at the Nigerian Stock Exchange (NSE)...
The Nigerian Stock Exchange (NSE) has delisted Gombe-based Ashaka Cement Plc from its official list, shutting the door of secondary market transaction on the company’s shares....
Nigerian equities sustained their third consecutive upswing on Thursday as investors appeared to be waging higher stakes on blue chips. Highly influential large-cap stocks led the...
Nigerian equities continued on the uptrend on Tuesday as increased demand sustained the price rally at the Nigerian stock market to the eighth consecutive trading session....
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...
Owner-members of the Nigerian Stock Exchange (NSE) has approved the demutualisation programme of the Exchange under which the Exchange will convert from its present status of...
The tenuous market situation at the Nigerian Stock Exchange (NSE) broke into a visible rally on Thursday as bargain-hunters increased demand for value stocks in the...
Shares of Jaiz Bank Plc have been Listed on the floor of the Nigerian Stock Exchange (NSE) and trading on then commenced on Thursday. The Bank’s...
After three consecutive negative trading sessions, Nigerian equities recorded their first gain of the week on Thursday as bargain-hunting for value stocks halted the week-long decline...
Less than four months after Heritage Bank had denied suffering mass withdrawal of customers’ deposits, the bank has embarked on mass sack of staff. Reports indicate...
Nigerian foam-manufacturing company, Vitafoam Nigeria Plc, on Tuesday announced that it would be paying a total of N125 million as cash dividends to shareholders despite posting...
Nigerian equities further consolidated their rally as investors earned N116 billion in net capital gain within the five hours of trading. With nearly three advancers to...
The downtrend at the Nigerian equities market continued on Tuesday as market values of most quoted companies depreciated to lower levels. The main indices at the...
After losing N91 billion last week, Nigerian equities reopened on Monday on the downside as emerging third-quarter earnings failed to stir substantial investors’ appetite needed to...
Emerging third quarter earnings failed to stimulate investors’ appetite as Nigerian equities suffered a net capital loss of N91 billion last week, a week that saw most...
United Bank for Africa (UBA) recorded modest growths in top-line earnings and profit as the bank grew its profit before tax to N61.6 billion in the...
Nigerian equities traded under a tight balance of bargain-hunting and profit-taking on Tuesday at the Nigerian Stock Exchange (NSE) as some investors sought to take profit...
After three successive negative trading sessions, bargain-hunting transactions for large-cap stocks helped the overall market position at the Nigerian Stock Exchange (NSE) to its first positive...
AG Leventis (Nigeria) Plc is in discussions with foreign investors to raise new capital that will be invested in the major areas of the conglomerate’s businesses,...
The management of Oando Plc has alerted the investing public that the company suffered foreign exchange (forex) losses, which reduced profit in the second quarter and...
Nigerian equities stumbled again on Thursday as early first half earnings showed mixed performance. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average decline of...
Trading activities on the Nigerian Stock Exchange (NSE) for the week ended on Friday, June 17 closing on continued growth optimism with the benchmark indices of...
Authorities at the Nigerian Stock Exchange (NSE) on Wednesday delisted eight companies over what they described as persistent failures of the companies to meet best corporate...
Average year-to-date return at the Nigerian stock market worsened to -6.11 per cent last week as quoted equities continued their losing spree amidst macroeconomic concerns and...
While domestic investors were busy holding back on plowing their resources into the Nigerian economy as a result of the elections, foreign investments went up during...
Reports of stock transactions from the Nigerian Stock Exchange (NSE) for the month of February, has established that 10 leading stock-broking firms were responsible for 72.51...
While political actors argue over the appropriateness or otherwise of the postponement of the elections earlier scheduled for February 14 and 28, the country’s economy has...
SEPLAT Petroleum Development Company Plc (“SEPLAT” or the “Company”), has today notified The Nigerian Stock Exchange and London Stock Exchange, that it has completed the acquisition...
Last week, Director General, Nigerian Stock Exchange Mr. Oscar Onyema, held a media parley on 2014 Market Recap and outlook for 2015, where small capitalised stocks...
The Nigerian Stock Exchange, NSE yesterday said that its target of reaching $1 trillion capitalisation by 2016 is no longer attainable. Chief Executive Officer, NSE, Mr....