Despite the positive sentiment recorded in the equities market at week close on Friday, investment experts and other capital market operators have said that the market will remain in the negative region as the Friday positive run was not driven by any fundamental. Stock Market They argued that underlying investors’ apathy still remained, thereby negating […]
Nigeria has a population of 198 million growing at 2.6 percent. But the infrastructure stock does not grow to match this rising population. According to the National Infrastructure Master Plan, Nigeria needs to spend $3 trillion and five percent of GDP annually to bridge the infrastructure gap. From roads to bridges, down to power and […]
Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]
’Femi Asu with agency report Equities listed on the Nigerian Stock Exchange dropped to a more-than-nine-month low on Thursday, hurt by mixed second-quarter earnings and worries about political risk in the run-up to next year’s elections. The NSE All Share Index fell for the fifth straight session, down 0.4 per cent to 36,154 basis points. […]
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