Oando, Champion Breweries, others dip as market furthers south

Oando, Champion Breweries, others dip as market furthers south

Regular Price In 4,125 deals, investors exchanged 214,327,583 shares valued at N1.79 billion. IT’S LEGAL, AUTHORISE AND APROVED BY THE FEDERAL GOVERNMENT OF NIGERIA.Toyota 4Runner: #900,000 Toyota Avalon: #800,000 Toyota Camry: #550,000 Toyota Corolla: #500,000 Toyota FJ Cruiser: #800,000 Toyota Highlander: #800,000 Toyota Matrix: #650,000 Toyota hilux: #850,000 Nissan part finder: #850,000 Nissan Murano: #850,000 […]

Access Bank, NPF Microfinance Bank, Cornerstone Insurance top stocks to watch this week

Access Bank, NPF Microfinance Bank, Cornerstone Insurance top stocks to watch this week

The Nigerian equity market was down by 0.33 per cent last week as traders’ hunt for yield depressed the main stock index even though there was a couple of strong corporate results that could have put stocks in further advance. This week, promising earnings scorecards are expected from companies like Fidelity Bank, Transcorp and NPF […]

NGX: Market capitalisation gains N42 billion

NGX: Market capitalisation gains N42 billion

Nigerian Exchange [Photo Creadit: Business Live Nigeria] Gains recorded by some large and medium capitalised stocks on Thursday lifted market capitalisation by N42 billion. The stocks include Oando, UACN, Jaiz Bank and R.T Briscoe. Specifically, the market capitalisation rose to N25.527 trillion, representing an increase of 0.16 per cent from the N25.485 trillion on Wednesday. […]

We Never Imported Adulterated Petrol, MRS Tells House of Reps

We Never Imported Adulterated Petrol, MRS Tells House of Reps

By Adedapo Adesanya MRS Petroleum, one of the importers accused of importing adulterated Premium Motor Spirit (PMS) into the country, has appeared before the House of Representatives Committee on Downstream sector and insisted that imported fuel is not adulterated. MRS representative at the meeting insisted that all fuel imported into the country were not out […]

Gains in 30 stocks lift capitalisation further by N69 billion

Gains in 30 stocks lift capitalisation further by N69 billion

Transactions on the Nigerian Exchange Limited (NGX) continued in an upbeat mood yesterday, as gains in 30 stocks lifted market capitalisation further by N69 billion. Specifically, market capitalisation of listed equities increased by 0.27 per cent to N25.480 trillion from N25.411 trillion reported on Wednesday. Also, the NSE All Share Index, which measures the performance […]

Ease at sight as NNPC names 48 filling stations to give 24-hour fuel supply *See full list

Ease at sight as NNPC names 48 filling stations to give 24-hour fuel supply *See full list

Determined to improve the fuel supply situation in Nigeria, the Nigerian National Petroleum Corporation Limited (NNPC) Monday identified 48 fuel stations where motorists living in the Abuja city and its environs could get petrol irrespective of the time. The stations are to begin operation Monday night. A statement signed by Group General Manager, Group Public […]

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

The Nigerian equities market sustained a sliding profile at yesterday’s transactions, occasioned by losses in the shares of BUA Foods and 20 others, causing market capitalisation to dip further by N79 billion. Yesterday, the All-Share Index declined by 146.15 per cent, representing a decrease of 0.31 per cent, to close at 47,057.24 points. Similarly, the […]