Employees work on the trading floor at the Nigerian Stock Exchange (NSE) in Lagos, Nigeria, on Monday, Oct. 26, 2015. Nigeria plans to create a $25 billion fund with public and private financing to modernize infrastructure and avoid a recession, Vice President Yemi Osinbajo said. Photographer: George Osodi/Bloomberg via Getty Images The local bourse slightly […]
The crucial market indicators of the Nigerian Stock Exchange (NSE) on Tuesday maintained negative slide, dropping by 0.01 per cent. Specifically, the All-Share Index dipped 3.67 points or 0.01 per cent to close at 29,158.57 compared with 29,162.24 achieved on Monday. Similarly, the market capitalisation, which opened at N10.953 trillion, shed N1 billion to close […]
Feyisayo Popoola Investors in the nation’s stock market lost a total of N5228bn in the last three consecutive days of trading on the floor of the Nigerian Stock Exchange. The market capitalisation, which opened the week at N11.672tn, shed N205bn to close at N11.467tn on Monday and lost N114bn on Tuesday to close at N11.353tn. […]
The bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent sell pressure. The News Agency of Nigeria (NAN) reports that the index lost, in spite of improved earnings reports, 558.04 points or 1.85 per cent to close at 29,668.73 compared with […]
The domestic equities market extended its losses to the second trading session of the week on the back of sustained losses in NIGERIAN BREWERIES (-9.7%), NESTLE (-3.5%) and UNILEVER (-8.5%) which saw N169bn wiped off investors’ wealth as market capitalisation fell to N11.4tn. As a result, the Benchmark Index shed 1.0% to 30,226.7 points while […]
Nigerian Stock Exchange (NSE) LAGOS – The losing streak in the domestic equities market continued yesterday as the market extended its losses to the second trading session of the week on the back of sustained losses in bellwether stocks like Nigerian Breweries, Nestle Nigeria and Unilever Nigeria. As a result, the All Share Index shed […]
Champion Breweries Plc, 2018 Audited full year results of the company dealings in brewing and marketing of alcohol and non-alcohol beverages in Nigeria showed a marginal decline in its topline of 0.28%, arriving at N4.763 billion from N4.777 billion garnered same period in the preceding year of 2017. N263 million reported loss after tax for […]
[FILES] Nigerian Stock Exchange (NSE) The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of […]
The Nigerian stocks market yesterday shed N15 billion as bearish run persisted on sustained profit taking. The All Share Index (ASI) shed 41.48 absolute points, representing a decline of 0.13 per cent, to close at 31,040.84 points. Similarly, market capitalisation lost N15 billion, to close at N11.576 trillion. The downturn was impacted by losses recorded […]
Diamond Bank The Nigerian Stock Exchange (NSE) has placed trading in the shares of Diamond Bank Plc on full suspension effective Monday, March 20. But a statement yesterday from the Head, Listings Regulation Department, NSE, Lilian Dako, said the suspension is required to prevent trading in the shares of the Bank, to determine the shareholders […]
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.