Darasimi Adebisi The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications (MTN) and 13 others. At the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at […]
Nigerian Exchange Group (NGX) Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, causing market capitalisation to dip further by N17 billion. Yesterday, the All-Share Index (ASI) shed 32.57 absolute points, representing a decrease of 0.08 per cent to close at 38,873.85 […]
Nigeria’s Stock Exchange Remains in Bears’ Zone with 0.01% Loss By Dipo Olowookere It was another day in the bears’ territory for Nigeria’s stock exchange on Tuesday as it marginally depreciated by 0.01 per cent at the close of transactions. Mild profit-taking in Zenith Bank, Access Bank, Axa Mansard and 12 other equities contributed to […]
Darasimi Adebisi Trading activities on the stock market of the Nigerian Exchange Limited (NGX) yesterday closed on a negative note, dropping by N11 billion to take losses to the third consecutive day. The negative sentiment was driven by investors’ profit-taking sentiments in the banking and consumer goods indices on NGX. In summary, the NGX All-Share […]
Nigerian Exchange Group (NGX) Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion. Specifically, at the close of trading yesterday, the All-Share Index (ASI) depreciated by 57.03 absolute points, representing a […]
PwC, KPMG, Delloite, Ernst & Young The four biggest global audit firms earned a whopping N6.13 billion from 11 Nigerian banks as audit fees for 2020, a review by PREMIUM TIMES shows. The big four are PricewaterhouseCoopers (PWC), Deloitte , KPMG and Ernst & Young. Data from banks’ corporate reports show that the amount was […]
Price Waterhouse Coopers building in Oslo seen from the Opera house. In 2020, PricewaterhouseCoopers received the highest earnings of N2.98 billion from auditing three of the big five Nigerian banks called FUGAZ. The four biggest global audit firms earned a whopping N6.13 billion from 11 Nigerian banks as audit fees for 2020, a review by […]
Nigeria financial gurus, Ifie Sekibo and Yemisi Edun, have joined others to be named the most reputable bank CEOs in Africa. The duo were recognised by Reputation Poll International, a leading global reputation management firm specialised in corporate reputation management, as part of its annual ranking — the Executive Appraisal of Reputable individuals from all […]
The Nigerian equities market yesterday closed on a negative note, to halt the two consecutive days of positive sentiment trading by investors at the close of business the previous week. At the close of trading yesterday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) declined by 8.12 basis points, representing a drop of 0.02 per […]
<i>The index has dwindled 2.53 per cent since January.</sub> Nigeria’s benchmark index cringed by 0.02 per cent on Monday in full surrender of the little gain it gathered at the preceding session as the combined force of profit-taking actions in consumer goods stocks and the less-than-impressive financial report of Stanbic IBTC, Nigeria’s third-biggest bank by […]
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