Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued southward for the third successive sessions, as investors wealth plunged by N278 billion The All-Share Index (ASI) lost 531.25 absolute points or 1.53 per cent to close at 34,242.83 points. Similarly, the overall market capitalisation value also shed N278 billion to close at […]
The New York Stock Exchange ended the session with Exxon Mobil rising 3.3% to $42.25 on Tuesday while the New York Stock Exchange rose 0.26% to $14,392.50. Exxon Mobil today’s close was $42.25, 68.92% below its 52-week high of $71.37. Exxon Mobil’s Sales Exxon Mobil’s sales growth is a negative 27.6% for the current quarter […]
Shares of Exxon Mobil rose 3.88% to $42.49 at 11:20 EST on Tuesday, following yesterday’s downward trend. The New York Stock Exchange is jumping 0.12% to $14,372.00, following yesterday’s downward trend, on what so far seems, a somewhat positive trend trading session today. Exxon Mobil’s last close was $40.90, 67.97% under its 52-week high of […]
Credit: REUTERS/CARLO ALLEGRI Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi U.S. stock index futures rose about 1% on Tuesday as better-than-expected manufacturing data from China and hopes that major drugmakers will roll out vaccines before the end of the year increased bets of a quick recovery from the COVID-19 […]
In a bid to promote a strong and credible payment system in the country, the Central Bank of Nigeria, CBN, has approved new license categorization for payment systems in Nigeria. In a circular to all Payment Service Providers, Banks and Other Financial institutions issued yesterday, the apex bank noted that payments system licensing has been […]
The Nigerian stock market opened for four trading days this week as the Federal Government of Nigeria declared Thursday 1st October 2020 a Public Holiday. The All-Share Index appreciated by 2.53% while Market Capitalization appreciated by 2.55% to close the week at 26,985.77 and N14.105 trillion respectively. Investors gained a whopping N350.12bn. A total turnover […]
Joseph Olaoluwa The total expenses made on transportation and freight costs of oil products by three major oil marketing companies in the country in the first six months of the year amounted to N1.5bn. This is in contrast to the N1.9bn the oil firms spent for the same purpose in 2019. The oil marketing companies, […]
WorldStage Newsonline– The Nigerian Stock Exchange (NSE) market capitalisation crossed N14 trillion mark on the last trading day of September due to sustained confidence. Speficially, the market capitalisation on Wednesday rose by N118 billion or 0.84 per cent to close at N14.025 trillion against N13.907 trillion achieved on Tuesday. The increase in the market capitalisation […]
Lagos — Fourteen Deposit Money Banks (DMBs) listed on the Nigerian Stock Exchange have recorded N1.187 trillion gross revenue for the first six months of 2020. They had earned N1.114tn in the corresponding period of 2019. Despite the effects of the coronavirus, that trimmed physical banking activities for nearly three months, the banks still grew […]
The United Bank for Africa (UBA) Plc yesterday released its audited results for the half year ended June 2020, which showed that the pan-African bank recorded profit after tax of N44.431 billion, compared with the N56.7 billion it realised in the comparable period of 2019. The results obtained on the Nigerian Stock Exchange (NSE) website […]
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