Nigerian Stock Exchange Building The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses suffered by major highly capitalised equities. Looking for One and Only? Ad Spend Your Summer With Charming Women UkrainianCharm Try now […]
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Equities Lose N220b on Monday After Friday’s N236b Gain
By Dipo Olowookere The Nigerian Stock Exchange (NSE) recorded a 1.71 percent loss on Monday after the market achieved an increase of 1.87 percent last Friday. It was observed that the decline posted by the equities market yesterday was mainly influenced by continued selloffs by investors. While the All Share Index (ASI) depreciated by 602.81 […]
Nigerian Stock Exchange drops N219 billion on Monday
FILE PHOTO: The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. Picture taken November 9, 2016. REUTERS/Afolabi Sotunde/File Photo The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses […]
Equities lose N220b as sell-off continues
Nigerian equities reopened yesterday on a negative note as widespread selloffs within the large-cap stocks led the market to a net capital loss of N220 billion. The All Share Index (ASI)-the main index that tracks share prices at the Nigerian Stock Exchange (NSE) dropped by 602.81 points, representing a loss of 1.71 per cent to […]
NSE market capitalisation shed N219 billion
Nigeria Stock Exchange (NSE) The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses suffered by major highly capitalised equities. Specifically, the market capitalisation dipped N219 billion to close at N12. 655 trillion compared to […]
Over a dozen banks yet to meet $83m minimum capital
Governor of Bank of Ghana, Dr. Ernest Addison At least fifteen (15) banks are yet to announce their position on meeting the new minimum capital requirement with four months to the deadline. This is because Citi Business News’ analysis has shown that six (6) banks have reached the target with seven (7) others undertaking various […]
Access Bank mobilises N800m for social support
The game of Polo PHOTO: fifthchukker.com Access Bank Plc, in partnership with Fifth Chukker, has raised $2.2 million (N800 million) in support of vulnerable children, during the finale of its yearly UNICEF Charity Shield Polo tournament, held at the Guards Polo Club, Windsor, United Kingdom. The lender sees the game of Polo as an avenue […]
Betaglass, Presco Nosedive on NSE
The bears resurfaced on the Nigerian Stock Exchange (NSE) on Tuesday following loses recorded by some blue chips. Betaglass dominated the bears with a loss of N8.10 to close lower at N72.90 per share. Presco trailed with a loss of N6.60 to close at N59.55, while Lafarge Africa declined by N3.25 to close at N29.25 […]
H1 Results: Zenith, UBA, 3 Others To Pay Interim Dividend
Going by history, market analysts have predicted that about five banks might pay interim cash dividends to shareholders as companies continued to released their half-year corporate results ended June 30, 2018. The banks include: Zenith Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTBank), Stanbic IBTC and Access Bank. Zenith Bank, in its regulatory […]
The vigil continues for these tier one bank results
Stocks to Watch cks to watch comprise stocks that were the top gainers and losers in last week’s trading, those that released their results or made key announcements after the trading session, and those in the news. This is not a buy sell or hold recommendation. UBA Plc and Access Bank Plc Tier one lenders […]