WorldStage Newsonline– The Nigerian Deposit Insurance Corporation (NDIC) on Tuesday, disclosed that the organisation generated about N91 billion premium from deposit money banks in the 2018 fiscal year. The Managing Director of NDIC, Mr Umaru Ibrahim, stated this when the management of the organisation appeared before the House Committee on Insurance for the 2019 Budget […]
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 […]
NSE Daily Market Summary The Nigerian Stock Exchange fell to its worst performance year to date as the All Share Index closed at 32,292.79 basis points, down 3.46% and below the 33,000 mark. Today’s close was the highest daily loss in the last two years. Year to date, the index is down 15.56%. The drop […]
Feyisayo Popoola The nation’s equities market recorded its highest daily loss in eight months at the close of trading on the floor of the Nigerian Stock Exchange on Wednesday. Sell-offs drove the NSE All Share Index lower by a record 3.5 per cent to close at 32,292.79 basis points. The market capitalisation of listed equities […]
Feyisayo Popoola The nation’s equities market extended its decline on Thursday as it shed N111bn following the price depreciation recorded by 31 stocks at the close of trading. The All-Share Index and market capitalisation of equities listed on the Nigerian Stock Exchange fell by 0.88 per cent to close at 34,110.22 basis points and N12.452tn […]
Goddy Egene The stock market rebounded yesterday as the Nigerian Stock Exchange All-Share Index (NSE ASI) rose 0.28 per cent to close at 34,933.68 after opening the month on a negative note the previous day. Similarly, market capitalisation added N36.1 billion to close at 12.8 trillion. Buying interest in banking stocks such as Zenith Bank […]
The Nigerian stocks market rose yesterday by 0.28 per cent amid renewed bargain hunting activity in Banking and Oil & Gas stocks. In summary, the All Share Index (ASI) gained 96.18 absolute points, representing a growth of 0.28 per cent to close at 34,933.86 points. Similarly, the market capitalisation gained N35 billion to close at […]
Trading on the Nigerian equities market began the month of September on a slightly negative note as the Nigerian Stock Exchange, All-Share Index (NSE-ASI) declined by 0.03 per cent, yesterday. NSE-ASI shed 10.95 absolute points, representing a decline of 0.03 per cent to close at 34,837.50 points. Also, the market capitalisation declined by N4 billion […]
Nigerian Stock Exchange The Nigerian Stock Exchange ended the first trading day in September on a bearish note. The All Share Index closed at 0.03%. Year to date, the index is down 8.91%. Top Gainers and Losers Hallmark Insurance Plc led the top gainers as the stock appreciated by 105 to close at N0.90. Continental […]
Nigerian Stock Exchange Following renewed bargain hunting embarked upon by stock market investors, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed upbeat yesterday, as the All-share index rose marginally by 0.3 per cent. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 96.18 absolute points, representing a […]
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