MTN Nigeria will displace Dangote Cement Plc as Nigeria’s largest quoted company as the board of the telecommunication company on Thursday appointed the advisory team and...
Quoted equities sustained their recovery on Wednesday as investors sought to take advantage of the recent price depreciation to consolidate their portfolios. While the overall market...
Nigerian equities halted a six-day downtrend on Tuesday as bargain-hunters increased buy orders for several equities that had been substantially undervalued by recent depreciation. Equities rallied...
Nigerian equities rallied on Monday on the back of widespread bargain-hunting but the overall market position was moderated by losses recorded by a handful of influential,...
Nigerian equities were among the worst-performing equities globally as continuing ambivalence over the foreign exchange (forex) management, weak corporate earnings and generally tight macroeconomic conditions combined...
Nigerian equities’ benchmark index slipped below the 28,000 points to 27,000 points on Thursday as investors remained unimpressed by first-half corporate earnings. With 34 decliners to...
The downtrend at the Nigerian stock market continued on a higher momentum on Wednesday as weak corporate earnings compounded the crunchy liquidity squeeze to sap away...
Average year-to-date return at the Nigerian stock market relapsed into the negative on Tuesday as sustained sell-off pushed quoted companies to lower prices. With average decline...
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 opened on Monday on a negative note, extending the downtrend that had marked transactions for the most part of this month. The decline was...
Nigerian equities traded largely last week on a cautious mode, fluctuating between low price appreciation and depreciation as investors await the second quarter and half year...
Quoted equities reopened on Monday in the negative as the sell-off in the stock market persisted. Most price changes ended in the negative with sectoral indices...
Nigerian equities traded all through the two trading sessions in last week in the negative as concerns over the health of Nigerian banking sector, cash requirements...
Nigerian equities started this week on a near free fall as anxiety gripped investors over the fate of Skye Bank Plc amidst concerns over the second...
Nigerian equities stood alone mainly in the red last week, playing the negative contrarians in a complete reversal that left investors with net capital loss of N462...
After a modest recovery on Wednesday broke the losing trend that started last weekend, Nigerian equities relapsed into the negative on Thursday as month-end portfolio rebalancing...
After losing a total of N513 billion in three successive negative trading sessions, Nigerian equities staged a comeback yesterday as investors sought to take positions in...
Nigerian equities fell for the third consecutive trading session on Tuesday but the momentum of the decline slowed down considerably, raising analysts’ expectations that the market...
As the world grapples with the emerging scenarios from the last week’s decision of the United Kingdom (UK) to withdraw from the European Union (EU), the...
Nigerian equities ended last again as one of the biggest advancers in the global equities market as sustained rallies triggered by the commencement of the implementation...
Nigerian equities rallied capital gains of N324 billion on Thursday as investors continued intense bargain-hunting for quoted shares. The benchmark index at the Nigerian Stock Exchange...
The benchmark index crossed the 30,000 points, market value rose by N242 billion and investors increased stakes above average by about 17 per cent to about...
Nigerian equities regained their upswing on Tuesday as improved confidence engendered by the new foreign exchange (forex) policy of the Central Bank of Nigeria (CBN) excited...
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...
The upswing orchestrated by the release of the guidelines for the implementation of the new foreign exchange (forex) of the Central Bank of Nigeria (CBN) continued...
Nigerian equities halted their three-day consecutive price depreciation on Wednesday as the release of the much-awaited framework for the implementation of the flexible foreign exchange (forex)...
Nigerian equities showed stronger underlying trend on Tuesday but losses suffered by many highly capitalised stocks dragged the overall market position further into the negative. The...
The downtrend at the Nigerian stock market continued on Monday as investors remained uncertain about the direction of the flexible foreign exchange policy of the Central...
After three successive negative trading sessions, quoted equities on Thursday rallied back as investors sought to take advantage of the recent declines in share prices. With...
The downtrend that has dominated the stock market since Monday worsened on Wednesdayas uncertainties over the modality for the flexible foreign exchange option of the Central...
The downtrend that started the equities market this week continued into the second trading sessions as speculative transactions and profit-taking by investors worsened the overall market...
Nigerian equities opened this week on a negative note as profit-taking transactions by investors pressured the overall market situation to a marginal loss of N12 billion....
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has indicted a stockbroking firm, WT Securities Limited, for allegedly engaging in shares fraud and mismanagement...
After losing N684 billion in the two earlier trading sessions, Nigerian equities on Thursdayregained their rally with a modest gain of N94 billion. Benchmark index indicated...
After losing N425 billion in opening trades on Tuesday, Nigerian equities suffered further steep losses on Wednesday as widespread sell pressure shaved off N259 billion from...
After gathering N613 billion in capital gains last week, Nigerian equities opened this week to a massive profit-taking, which turned the stock market into an extreme...
Investors in Nigerian quoted equities netted a total gain of N613 billion within the 25-hour trading sessions last week as scramble for Nigerian equities by foreign...
Nigerian equities market rallied to a six-month high on Thursday as strong inflows from foreign and domestic investors tickled the stock market to a net gain...
Nigerian equities staged their biggest day-on-day rally so far this year on Wednesday as investors continued to react to the adoption of a flexible exchange rate...
Nigerian equities firmed up on Tuesday as the Central Bank of Nigeria (CBN) in a surprising move dumped its fixed foreign exchange policy and adopted a...
A scramble to take profits on recent steep and sustained gains by several equities and concerns over the possible decisions of the Monetary Policy Committee (MPC)...
Nigerian equities bucked the slowdown in the global equities markets to sustain a five-week consecutive rally with a gain of N214 billion last week as investors await...
Bargain-hunters upped the ante at the Nigerian stock market on Thursday as increased market orders pushed several stocks to higher prices. Against the background of average...
After a day of profit-taking on Tuesday, Nigerian equities regained the uptrend on Wednesday as increased demand for highly capitalised stocks helped to mitigate widespread profit-taking...
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...
Nigerian equities turned negative on Tuesday as investors sought to take profits from the recent sustained rally at the stock market. With more than two losers...
By Ahmed Boulor Days after a girl identified as Uju Stella surfaced on picture and video sharing social media site, Instagram, claiming to be pregnant for...
Highly capitalised stocks in the breweries, building materials and petroleum-marketing sectors rallied Nigerian equities to a strong start on Monday with a gain of N130 billion....
Nigerian equities broke away from a two-day decline to a major rally on Thursday as investors scrambled for shares of downstream oil majors quoted on the...
Investors showed increased appetite for quoted stocks on Wednesday as most stocks rode on the back of the increased bargain-hunting to close at higher prices. But...
