By Adedapo Adesanya Transactions on the floor of the NASD Over-the-Counter (OTC) Securities Exchange closed in the bullish zone on Tuesday, September 21 after a 0.72 per cent growth driven by the positive price movements in four companies. Niger Delta Exploration and Production (NDEP) Plc led the price gainers yesterday with an appreciation of N15 […]
Darasimi Adebisi The Nigerian equities market yesterday closed trading activities in the green, to halt the six-days of consecutive bearish trend. The market upturn was due to investors’ renewed buying interest in the Financial and Industrial sectors, as capitalisation gained N2 billion. In summary, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew by 4.88 […]
Market Sheds 0.02% as SCOA Nigeria Leads Losers’ Chart By Dipo Olowookere Sustained profit-taking weakened the Nigerian Exchange (NGX) Limited by 0.02 per cent on Monday, leaving the All-Share Index (ASI) down by 6.16 points to 38,915.62 points from 38,921.78 points. Also, the selling pressure further depleted the market capitalisation yesterday by N3 billion to […]
Nigerian Exchange Group (NGX) The Nigerian equities market reversed losses to close in an upward note yesterday, as the All-Share Index appreciated by 0.2 per cent. Specifically, the All-Share Index (ASI) grew by 68.01 absolute points, representing a rise of 0.2 per cent, to close at 39,252.19 points. Similarly, the overall market capitalisation value gained […]
The Rivers State Government has declared three persons wanted for allegedly engaging in criminal activities. According to a government special announcement, the trio were also accused of harassing contractors handling government project in the state. The statement issued on Wednesday was signed by Special Assistant to the Rivers State Governor on Media, Kelvin Ebiri. The […]
Arbico Plc released its earnings forecasts for the fourth quarter ending 31st of December, 2021. Revenue was projected at N1.1 billion. Cost of sales projection of N658.5 million Finance income was projected at N1.67 million Total expenses projection of N401.85 million. Tax was projected at N20.97 million Profit for the period was projected N44.56 million. […]
On Wednesday, the Nigerian equities market halts the bearish trend as gains from high capitalised stock lift the market to a positive close. Despite trading in the negative zone for most of the day, late interest in bellwethers such as Nestle Nigeria, Dangote Cement and Presco ensured the market ended in the positive territory. Precisely, […]
Nigerian stocks exchange. Nigerian stocks made a resounding rebound on Wednesday, climbing 1.89 per cent in its biggest performance in many days, which saw equities generally appreciate by N382 billion. The benchmark index touched its peak since August 19, drawing support from investors’ vast demand for the shares of FBN Holdings, Nestle and Dangote Cement. […]
Buy-interests in Dangote Cement Plc shares today led to a gain of N272.65 billion in market value as positive sentiments around the shares of the cement maker triggered a 6.53% growth in share price at the close of trading activities on the Nigerian Stock Exchange. At the close of the market today, data revealed that […]
SWOOT The bears and the bulls of the combined market capitalization of stocks worth over one trillion (SWOOT) remained at an impasse at the end of the week as they maintained their previous weeks market capitalization of N13.84 trillion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. MTNN […]
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