CORPORATE ACTIONS: New bosses and 2 become 1

CORPORATE ACTIONS: New bosses and 2 become 1

Corporate Actions Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impact on the firms themselves or shareholders. Examples of corporate actions include the payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Corporate Actions that took place last week CRe […]

Sterling Bank Joins NSE-30 Index as Ecobank Exits NSE Pension Index

Sterling Bank Joins NSE-30 Index as Ecobank Exits NSE Pension Index

By Dipo Olowookere Authorities of the Nigerian Stock Exchange (NSE) have announced the review of composition of its market indices, with some publicly quoted companies exiting and joining various indexes. In a statement, the stock exchange management said the NSE-30, and its eight sectoral indices; NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE […]

Bearish sentiments to persist in equities market as elections draw close

Bearish sentiments to persist in equities market as elections draw close

The bearish performance at the equities market, driven by negative investor sentiments, is expected to continue throughout the month of September on growing uncertainties surrounding the upcoming 2019 general election, according to market analysts. Financial Derivatives Company says investors’ fatigue will continue as political uncertainty continues to grow, projecting a growing preference in debt capital […]

Stock market opens September with N4b losses

Stock market opens September with N4b losses

Nigerian Stock Exchange Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised stocks recorded price depreciation, causing market capitalisation to plunge by N4 billion. Yesterday, the All-Share Index (NSE-ASI) declined by 10.95 absolute points, representing a decline of 0.03 per cent […]

Tantalizers Drop 41.67% To Emerge Worst Performing Stock On NSE In July

Tantalizers Drop 41.67% To Emerge Worst Performing Stock On NSE In July

Floor of Nigerian Stock Exchange Low, medium and high capitalised equities dominated worst performing table on the Nigerian Stock Exchange (NSE) for the month of July in percentage terms. Concise News gathered that Tantalizers emerged the worst performing equity in percentage terms with 41.67 per cent. Data obtained from NSE indicated that the stock during […]