WorldStage Newsonline– Nigerian Stock Exchange extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips. Specifically. the market capitalisation which opened at N20.446 trillion rose by N214 billion to close at N20.660 trillion supported by interestes in BUA Cement. Also, the All-Share Index appreciated […]
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Weekly Economic Index: Nigeria’s economy enters a full-blown recession in Q3
Recently , the National Bureau of Statistics (NBS) revealed that the October 2020 Consumer Price Index (CPI) increased by 14.23 percent (year-on-year). The rise represents 0.52 percent, compared to the rate recorded in September 2020 (13.71 percent). The CPI is used to measure the inflation rate in an economy. Nigeria’s Gross Domestic Product ( GDP […]
Nigeria’s Bourse Resumes Trading in June With 0.19 Per Cent Growth
The nation’s bourse resumed trading in June on a positive note, with the All-Share Index appreciating by 0.19 per cent. Specifically, the index rose by 48.33 points or 0.19 per cent to close at 25,316.15 compared with 25,267.82 posted on Friday. Also, the market capitalisation which opened the month at N13.168 trillion inched higher by […]
Nigeria Stock Market Investors Lose N220bn On Monday
stock exchange market complex, Lagos Investors in Nigeria’s stock market lost a total of N220bn on Monday due to the losses recorded by 22 companies listed on the Nigerian Stock Exchange (NSE). The Stock Exchange All-Share Index fell by 1.71 per cent to close at 34,663.48 basis points while the market capitalisation of listed equities […]
Stock market: Investors lose N220bn in one day
Feyisayo Popoola Investors in the nation’s stock market lost a total of N220bn on Monday due to the losses recorded by 22 firms listed on the Nigerian Stock Exchange. The NSE All-Share Index fell by 1.71 per cent to close at 34,663.48 basis points while the market capitalisation of listed equities dropped to N12.654tn from […]