• Profits shrink in third quarter • Shares selling on discount in stock market • Shareholders task govt on business environment With the current harsh operating environment, exacerbated by impact of COVID-19 on businesses, investors have expressed worry that the banking sector might record rise in Non-Performing Loans (NPLs) and erode profitability, if government failed […]
The Nigerian Stock market was all fired up at Wednesday’s trading session. The All Share index gained 2.40% to close at 38,803.74 index points as against +1.20% appreciation recorded on Tuesday. Its Year-to-Date (YTD) returns currently stands at +44.56%. Nigerian Stock Exchange market value now stands at N20.281 trillion. Nigerian trading turnover ended also on […]
The outgoing GMD of Flour Mills of Nigeria Plc, Paul Miyonmide Gbedebo, has acquired 15,000 additional shares of the company at a price of N24.7 per unit. This is according to a notification of insider dealing issued today, 23 December 2020 by the Company’s Secretary, Mr. Joseph Umolu, and seen by Nairametrics. The acquisition of […]
Jaiz Bank Nigeria Plc has projected a rise in its Profit After Tax to N747.37 million for the first quarter of 2021 (Q1 2021), indicating an increase of 10.2%, from the figure recorded in Q3 2020. This is according to the latest earnings forecast of the firm, sent to the Nigerian Stock Exchange market and […]
Shares of Exxon Mobil dropped 3.65% to $41.17 at 10:01 EST on Monday, following yesterday’s downward trend. The New York Stock Exchange is falling 0.34% to $14,467.80, following yesterday’s downward trend, This seems, up to now, a somewhat negative trend exchanging session today. Exxon Mobil’s last close was $43.48, 73.35% under its 52-week high of […]
By Charles Abuede Naira gains N3 at start of Christmas week T-bills close negative, FGN bonds positive The Nigerian equities market continued its positive run with an advance of 174 basis points as the week opened Monday on the back of a similar positive close last week. It represented 1.74 percent growth as the index […]
Nigerian Stock Exchange Stock Market Extends Gain With N334bn Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by 638.65 basis points or 1.73 […]
Nigerian stocks ended the last trading session on a near stalemate. The All Share index dropped slightly by -0.01% to close at 38,800.01 index points as against the +2.40% gain seen on Wednesday. Its Year-to-Date (YTD) returns currently stands at +44.55%. Nigerian Stock Exchange capitalization stood at N20.279 trillion. Nigerian bourse trading turnover plunged significantly […]
Johnson Okafor Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by 638.65 basis points or 1.73 per cent from 36,804.75 index points last […]
Stock Market The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. Specifically, the market capitalisation rose by N334 billion or 1.74 per cent to close at N19.570 trillion compared with N19.236 trillion achieved on Friday. Also, the All-Share Index which opened at 36,804.75 […]
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