The bears returned to the local bourse yesterday pulling, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 0.19 per cent to close at 40,494.35. The market had opened for the week on positive note after two weeks of decline, raising hopes that the bargain hunting could be sustained. However, sell-offs in Stanbic IBTC […]
FBN Holdings Plc has announced the appointment of Seni Adetu, Juliet Anammah and Otu Hughes as new board members. The new board members – Seni Adetu and Juliet Anammah were appointed as independent non-executive directors of FBN Holdings Plc. Otu Hughes was appointed as a non-executive director. “These appointments are subject to the approval of […]
FBNHoldings PLC (“FBNHoldings) , Nigeria’s leading financial holdings company, has announced the appointments of Seni Adetu and Juliet Anammah as Independent Non-Executive Directors, while Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”). Speaking on the appointments, the Group Chairman of […]
The FBN Holdings Plc has announced the appointment of Mr. Seni Adetu and Mrs. Juliet Anammah as independent non-executive directors. In addition, the group announced the appointment of Mr. Otu Hughes as a non-executive director. It, however, stated that the appointments were subject to the approval of the Central Bank of Nigeria. Speaking on the […]
Johnson Okafor The Nigerian equity market, on Thursday, sustained its positive outlook as the All-Share Index and market capitalisation rose further by 0.3 per cent. However, market breadth closed positive with 27 gainers against 14 decliners. The ASI gained 125.7 basis points or 0.3 per cent to close at 40,590.85 index points as against 40,465.15 […]
Goddy Egene Investors staked N7.51 billion on 2.13 billion shares in 4,558 deals yesterday at the stock market as the bulls continued to dominate trading. The value of trading soared by 755 per cent compared to 249.545 million shares exchanged for N2.184 billion in 6,090 deals the previous day. Champion Breweries Plc was the most […]
Stock Market The Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion. Specifically, the market capitalisation which opened at N18.304 trillion dipped N232 billion to close at N18.072 trillion. Also, the All-Share Index lost 464.00 points or 1.32 per cent to close […]
Following bargain hunting in most blue-chip stocks, the Nigerian equities market extended its gain yesterday, with capitalisation gaining N200 billion. The All-Share Index (ASI) gained 381.78 absolute points, representing a gain of 1.10 per cent to close at 35,225.22 points. Similarly, the overall market capitalisation value also appreciated by N200 billion to close at N18.411 […]
NSE trading floor. PHOTO: FEMI ADEBESIN-KUTI With the rising inflation throwing other investment windows into a negative real return, the Nigerian equity market, last week, witnessed another unprecedented rally that pushed the All-Share Index (ASI) by 7.5 per cent, the highest weekly gain in five weeks. It closed at 36,804.75 points, the highest level obtained […]
The year-to-date (YTD) growth of the Nigerian Stock Exchange (NSE) All-Share Index (ASI) hit 32.2 per cent yesterday on the back of the continued bull run. The market has recorded positive performance in the past three days with the NSE ASI gaining 0.76 per cent to close at 35,493.15. The sustained gains have boosted the […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.