In spite of the downtrend in market activities spurred by the need for investors to trade remotely in the wake of the coronavirus crisis, the Nigerian...
The bear run on the Nigerian bourse continued Wednesday as sell pressure in blue-chip stocks caused key performance indices to end in the red. A negative...
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...
Negative sentiments dominated activities in the Nigerian bourse Monday as intense profit-taking cost the market N276.727 billion. All the key performance indicators closed in the negative...
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...
The Nigerian equity market rebounded today after a loss at Wednesday trade largely by reason of aggregate gain recorded by a number of blue-chip bank stocks....
Dangote Cement Plc has, through its Board of Directors, announced a campaign to raise debt valued at N300 billion under its Shelf Registration Programme, the first...
The Nigerian Stock Exchange (NSE) said Monday it would temporarily close its trading floors and engage in remote trading over the coronavirus pandemic in the country....
Panic selling persisted in the market on Monday with heavy sell pressure on banking stocks dragging the Banking Index by 9% to 220.66 basis points, the...
Negative sentiments are still rife across the Nigerian bourse, reflected in how shares are being dumped for sales in enormous volumes week after week. The glut...
For the second time in three days, the Nigerian bourse rallied at the end of Friday’s trade, driven by bargain hunting activities in a couple of...
Access Bank Plc has concluded a cross-border listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE), making it the first Nigerian commercial...
Profit-taking efforts in bellwether stocks across the banking, industrial, telecoms and ICT sectors Thursday caused the market to record tremendous loss, easily reversing the modest gain...
Investors lost about N84.487 billion on the Nigerian equity market today, largely due to heavy sell pressure on industrial goods stocks, which outweighed the volume buyers...
Today’s trade ended on the Nigerian Stock Exchange (NSE) with the market reversing nearly all the gain it made last Friday and slipping back to the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Between 20th January and 13 March 2020, the Nigerian stock market shed N3.457 trillion, shedding an incredible 22.6% of its value in less than 8 weeks. Specifically,...
The Nigerian bourse rallied marginally today after successive days of heavy losses running into trillions of Naira. There has been massive trading in bank stocks in...
Panic selling on a large scale not only caused the market capitalisation of the Nigerian equity market to go slimmer today, setting in motion a total...
Massive profit-taking especially in blue chip equities led investors to dump large volumes of shares for sale today as the market shed N328 billion. A negative...
Bargain-hunting in high-cap stocks largely shaped the direction of the market this week as the Nigerian bourse closed in the positive this week, thanks to two intervening...
The bear returned to the Nigerian bourse on Friday as sell pressure in blue-chip bank stocks caused key performance indices to end in the red. However,...
Investors’ appetite for bank stocks drove activities in the market Wednesday as the Nigerian bourse recorded gain for the second consecutive day this week. A positive...
11 Plc, formerly Mobil Oil Nigeria PLC, is poised to delist from the daily official list of the Nigerian Stock Exchange (NSE). If the move materialises,...
Respite came the way of investors today as the Nigerian Stock Exchange (NSE) rallied with a N232 billion gain to end the reign of the bear...
Heavy sell off cost the market N610 billion this week. So far this year, investors have lost N1.646 trillion due to the negative sentiments that have...
The Nigerian Stock Exchange extended its losing streak on Friday as profit-taking efforts drove the market southward. Investors lost about N308 billion at the end of...
The crunch in the equity market bit harder today, causing the market capitalisation to shed N86 billion. A negative market breadth was posted: there were 19...
The bear tightened its stranglehold on the market further today as the index went down by 0.22%. A negative market breadth was posted with 16 losers...
Share registration service firm, Africa Prudential Registrars Limited, Tuesday announced a dividend payout of N0.70 per share for the 2019 Full Year. Altogether, the firm will pay the...
Increasing negative sentiments particularly in bank equities led investors to dump large volumes of shares for sale today as the market struggled to earn confidence. The...
It may take a longer time for the market to find resilience if the current momentum of loss increases. The market was nearly absolutely bearish driven...
The Nigerian recovered marginally today following a five-day bearish run. A positive market breadth was posted with the number of gainers standing at 19 and that...
Profit-taking in heavyweight bank stocks sustained the current downturn in the stock market today, causing as much as N13 billion depreciation in the total value of...
The Nigerian bourse opened the week on a negative note today as investors recorded losses worth N96 billion. All the key market performance indicators ended in...
Prestige Assurance PLC has reported an 18% growth in profit translating to N76.169 million for Full Year 2019, compared to the figure it recorded in the...
Sustained sell pressure in blue chip equities led the Nigerian bourse on a step further down today as the major performance indicators ended in the negative...
The Nigerian stock market recorded marginal gain for the second consecutive day today on the back of investors’ interest in mid-cap equities. A positive market breadth...
The Nigerian bourse halted its losing streak today to post a bullish comeback with a modest gain of N52 billion. All the major market performance indicators...
Access Bank PLC, is set to attain a new milestone as it announced on Monday it would float a N15 billion green bond on the Luxembourg...
The Nigerian bourse began the week on a gloomy note as the market capitalisation shed N154 billion due to profit-taking activities in blue-chip equities. The market...
The Nigerian Stock Exchange (NSE) recorded four bearish sessions this week as profit-taking cost the market a staggering N239 billion. The bullish performance posted by the...
The Nigerian Stock Exchange ended Friday’s trade in the negative territory as all the key market performance indicators ended in the red. A negative market breadth...
Wema Bank Plc has reported a 32.5% increase in its after-tax profit for Full Year 2019 compared to the corresponding period of 2018. The full account...
The Nigerian bourse closed today with a N26 billion gain, halting a losing spell that saw investors lose about N752 billion in 8 trading days. A...
Leading oil palm processing firm, Okomu Oil Palm Company Plc, has reported a plunge in its after-tax profit, amounting to N2.997 billion for Full Year 2019,...
The bearish run in the Nigerian bourse continued today as sell pressure on blue-chip equities caused key performance indicators to close in the negative territory. A...
Sterling Bank Plc has reported a 17 percent increase in its profit after- tax for full year 2019 compared to the relative period of 2018. The...
Share registration service provider, Africa Prudential Plc, has reported a modest growth of 6.7 percent in its profit after-tax for Full-Year 2019 despite a fall in...
Nigeria’s largest brewer, Nigerian Breweries Plc, has announced the continuation of its Commercial Paper programme by launching the Series 5 and 6 of the programme, which...