Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian stock market on Thursday returned to positive territory with capitalisation growing by N215 billion. The market capitalisation, which opened at N25.289 trillion inched higher by N215 billion or 0.85 per cent to close at N25.504 trillion. Also, the All-Share Index (ASI) increased by 399.14 points or […]
Red Star Express Plc has announced the appointment of Mr Oluwaseun Shittu as its head, internal audit and assurance. In a statement, the firm said, “Mr Shittu is an experienced financial auditor with a demonstrated history in accounting records and reports, auditing financial statement and management of audit processes. “He has vast knowledge in the […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) gained N6 billion, even as Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) maintained status quo on its rates. Members of the MPC voted unanimously to maintain the Monetary Policy Rate (MPR) at 11.5 per cent at its concluded meeting. Similarly, […]
Gains recorded by many blue chip stocks lifted the Nigerian equities market yesterday, as market capitalisation appreciated by N6 billion. Yesterday, market capitalisation of listed equities increased by N6 billion to N24.755 trillion from N24.749 trillion reported on Monday. Also, the All-Share Index (ASI) appreciated by 11.24 basis points from 45928.27 points traded on Monday […]
The Nigerian stock market gained N6 billion, even as Monetary Policy Committee (MPC) maintained status quo. The MPC voted unanimously to maintain the Monetary Policy Rate (MPR) at 11.5 per cent at its concluded meeting. Similarly, the Committee also voted to retain the Cash Reserve Requirement (CRR) at 27.5 per cent, liquidity ratio at 30.0 […]
Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion yesterday, amid sustained bargain hunting in BUA foods and 27 stocks. Specifically, the All-Share Index (ASI) increased by 42.71 absolute points, representing a growth of 0.10 per cent to close at 43,897.13 points. Similarly, the overall market capitalisation size […]
NGX building used to illustrate the story The nation’s bourse kicked off the week on Monday still on a bullish note with bargain buying on Dangote Cement and other 27 stocks. Specificaly, the All-Share Index inched higher by 42.71 points or 0.10 per cent to close at 43,897.13 from 43,854.42 achieved on Friday. Accordingly, the […]
Nigerian stocks jumped for the fifth straight trading session on Monday, pushing the benchmark index up by 0.10 per cent and bringing it close to its summit in the roughly four years since January 29, 2018. Investors continued to warm to the shares of the bourse latest arrival BUA Foods, which had been steering every […]
Kayode Tokede The market capitalisation o f the Nigerian Exchange (NGX) yesterday rose by N28 billion amid sustained investors bargain hunting in 28 stocks. The NGX All-Share Index (ASI) increased by 42.71 basis points or 0.10 per cent to close at 43,897.13 basis points. Similarly, the overall market capitalisation size gained N28 billion to close […]
Bargain-hunting in many blue-chip stocks, especially Red Star Express and Meyer, aided the Nigeria Exchange Limited’s (NGX) rebound yesterday, as the All-Share Index (ASI) increased by 0.09 per cent. Specifically, at the close of transactions yesterday, the ASI rose by 39.84 absolute points, representing a growth of 0.09 per cent to close at 42,357.36 points. […]
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