Nigerian Stocks were fired up at the last trading session of the week cumulatively. The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively. Investors gained N1.33 trillion. A total turnover of 1.893 billion shares worth N17.647 billion in 20,660 deals was traded this week by […]
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 nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, the […]
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 […]
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued southward for the third successive sessions, as investors wealth plunged by N278 billion The All-Share Index (ASI) lost 531.25 absolute points or 1.53 per cent to close at 34,242.83 points. Similarly, the overall market capitalisation value also shed N278 billion to close at […]
Stocks to Watch Stocks to watch this week comprises the top gainers and losers of the prior week, as well as companies that are likely to have corporate actions this week. 11 Plc has a spot on this week’s watchlist by virtue of its releasing its full-year 2018 results after trading hours. Investors may decide […]
Nigeria’s finance minister, Zainab Ahmed, has revealed the government’s plans to introduce new taxes in a bid to increase the revenue of the country. This was disclosed at a public hearing on the 2019 budget on Wednesday, organized by the Senate and House of Representatives committees on appropriation. This comes almost a week after the […]
Feyisayo Popoola THE nation’s stock market opened the week on a bearish note as investors lost N170bn on Monday. The equities market, which lost N343bn on four trading sessions last week, saw its market capitalisation drop from N11.124tn on Friday to N10.954tn on Monday. The All Share Index shed 1.53 per cent to close at […]
Goddy Egene The Nigerian equities market slumped to 15-month low yesterday on continuing bear run with the Nigerian Stock Exchange All-Share Index (NSE ASI) falling 1.25 per cent to close at 33,611.69, while market capitalisation shed N155.6 billion to close at N12.27 trillion. The market had lost 2.3 per cent last week in line with […]
By Rosemary Onuoha I nsurance industry operators are now faced with fears of hostile take-overs at peanut with full implementation of the Tier Based Minimum Solvency Capital, TBMSC, next month. About 37 insurance firms are exposed to this risk as only seven out of over 45 companies could qualify as tier-1 players under the new […]
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