Trading activities on the Nigerian Stock Exchange sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day. The News Agency of Nigeria reports that the crucial market indices appreciated further with 0.63 per cent growth, following gains by some blue chips. Specifically, the market capitalisation inched N81 […]
Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org] Transactions reopened on the Nigerian Stock Exchange (NSE) on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent. Specifically, the All-Share Index which opened at 34,663.48 rose by 542.68 points or 1.57 per cent to close at 35,206.16 compared with […]
GTBank Goddy Egene writes that the improved performance of Guaranty Trust Bank Plc in the half year ended June 30, 2018, partly resulted from consistent improved cost management efficiency Guaranty Trust Bank Plc last week recommended an interim of N8.8 billion dividends for the half year ended June 30, 2018. The dividends, which translated to […]
Nigeria’s Guaranty Trust Bank expects to grow its loan book by 10 per cent by the end of the year after credit declined in the first half, it said last week. Loans fell by 11 per cent in the six months to June following a 9 per cent decline last year, the bank said in […]
At the close of equities trading on the Nigerian Stock Exchange (NSE) yesterday, the All-Share Index (ASI) declined by 0.09 per cent amid sustained sell pressure. The NSE-ASI shed 33.98 absolute points, representing a decline of 0.09 per cent to close at 36,299.82 points, while year-to-date loss worsened to 5.08 per cent, lowest since October […]
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 […]
The equities market plunged further yesterday as profit taking in bellwether stocks depressed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) below 35,000 mark at 34,663.48. Similarly, market capitalisation shed N220.5 billion to close lower at N12.638 trillion. A total of 22 stocks shed weight compared with only 11 other stocks. The banking counters recorded […]
Nigerian equities market indicators have continued to decline despite impressive interim dividend declared by Guaranty Trust Bank, Zenith Bank and Stanbic IBTC Groups. An interim dividend is a distribution to shareholders that has been both declared and paid before a company determined its full-year earnings. Such dividends are frequently distributed to the holders of a […]
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 […]
Nigerian Stock Exchange Ahead of the Eid-El-Kabir celebration, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, following price losses suffered by virtually all the blue-chip stocks, as market capitalisation dipped by N220billion. In line with the Federal Government’s declaration of a two-day public holiday to mark […]
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