Following renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by 6.17 absolute points, representing an increase of 0.01 per cent to close at 41,813.27 points. Similarly, […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further closed bearish on Wednesday by closing 0.34 per cent lower on the back of sustained selling pressure. Business Post reports that shares in the banking, energy and industrial goods sectors were the major cause of the decline suffered by the local bourse at the midweek session. […]
By Dipo Olowookere The year 2021 on the floor of the Nigerian Exchange (NGX) Limited was interesting because of some intrigues that occurred, especially towards the end. The year closed with a shocker when it was announced that a two-year-old bank, Titan Trust Bank, was acquiring a 104-year-old Union Bank of Nigeria. This was not […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited depreciated on Thursday by 1.77 per cent on the back of profit-taking in the shares of UPDC, Dangote Cement and 13 others. The duo lost 10.00 per cent each yesterday to close at N9.00 and N252.00 respectively, while Neimeth went down by 6.86 per cent to N1.63, […]
Kayode Tokede Dangote Cement Plc and 14 other highly capitalised stocks on the Nigerian Exchange Limited (NGX) contributed 90.2 per cent or N20.10 trillion to overall N22.3 trillion market capitalisation in 2021. The other highly capitalised stocks were MTN Nigeria Plc, Airtel Africa Plc, BUA cement, Nestle Nigeria Plc, Zenith Bank Plc, Guaranty Trust Holdings […]
Transaction value on the floor of Nigerian Exchange (NGX) Thursday shed N46 billion. Specifically, market capitalisation of listed equities declined by 0.20 per cent to N22.056 trillion from N22.102 trillion reported the previous day. The NGX All Share Index also depreciated by 87.13 basis points to 42270.23 points from 43357.36 reported pm Wednesday. Investors traded […]
NGX trading Sentiments in the domestic bourse turned negative on Thursday with a loss of N46 billion due to profit-taking activities in top cement player – Dangote Cement. Specifically, the market capitalisation shed N46 billion or 0.21 per cent to close at N22.056 trillion from N22.102 trillion posted on Wednesday. Also, the All-Share Index lost […]
Companies have rebranded in the last one-year or so to boost business and reinvigorate presence amid an economic impact caused by the Covid-19 pandemic. It is usual for companies to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent […]
Companies have rebranded in the last one-year or so to boost business and reinvigorate presence amid an economic impact caused by the Covid-19 pandemic. It is usual for companies to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent […]
Companies have rebranded in the last one-year or so to boost business and reinvigorate presence amid an economic impact caused by the Covid-19 pandemic. It is usual for companies to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent […]
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