nigeria stock exchange Transactions on the floor of Nigerian Stock Exchange (NSE) yesterday continued with volatility, as value of equities dipped by N171 billion. Specifically, market capitalisation of listed equities declined by 1.54 per cent to N10.953 trillion from N11.124 trillion reported on Friday. The NSE All Share Index also depreciated by 454.14 basis points […]
WorldStage Newsonline– Trading on the Nigerian Stock Exchange closed Tuesday still on a negative trend, as the All-Share Index lost 3.46 points or 0.01 per cent to close at 31,038.86 compared with 31,042.32 achieved on Monday. The market capitalisation, which opened at N11.576 trillion, increased marginally by N95 billion to close at N11.671 trillion. A […]
WorldStage Newsonline–Trading on the Nigerian Stock Exchange (NSE) closed on Monday with the market capitalisation depreciating by N36 billion or 0.31 per cent, amid price losses by major stocks. The market capitalisation closed lower at N11.576 trillion from the N11.612 trillion recorded on Friday. Also, the All-Share Index, which opened at 31,139.35, dropped by 97.03 […]
By Modupe Gbadeyanka It is no doubt that the local stock market has been on the downtrend for some weeks now, but for smart investors, the best time to buy stocks is when the market is down because prices are very low and when the market begins to pick, you can then sell to make […]
Dangote cement Weekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips. The market capitalisation dipped by N171 billion or 1.54 per cent to close at N10.955 trillion from the N11.124 trillion achieved on Friday. […]
By Dipo Olowookere The 1.53 percent loss recorded by the nation’s bourse on Monday has reduced the market capitalisation to N10 trillion region. The total value of equities on the Nigerian Stock Exchange (NSE) had closed last Friday at N11.124 trillion, but the N170 billion decline posted yesterday during the trading session reduced it to […]
Nigerian equities continued on the decline yesterday, losing N121 billion in the fifth consecutive negative session. With more than three losers for every gainer, the overall market situation indicated continuing selloffs across the sectors. Benchmark indices at the Nigerian Stock Exchange (NSE) showed a decline of 1.02 per cent, equivalent to net capital depreciation of […]
‘Femi Asu with agency report Oando Plc, an indigenous energy group, aims to raise fresh capital over the next two years and repay debt used to acquire ConocoPhillips’ Nigerian assets. The Group Chief Executive Officer, Oando, Mr Adewale Tinubu, was quoted by Reuters on Wednesday as saying. Oando has transformed itself in the past few […]
At the moment, the debt-to-equity of Exxon Mobil Corporation (NYSE:XOM) is low, standing at 19.71, a figure that is less than the 41.08 average recorded by the industry. This means that the company is currently holding a debt level at 37.80 B. XOM shares have a strong debt-to-equity ratio but their quick ratio which reads […]
11 Plc (Mobil Oil Nigeria Plc) 11 Plc (formerly known as Mobil Oil Nigeria) recently released its full year results for 2018. Revenue increased from N125 billion in 2017 to N164 billion in 2018, up 31%. While profit before tax was flat, profit after tax rose by 24% to N9.3 billion in 2018, up from […]
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