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 […]
Representative of United Capital Trustees Limited, Abimbola Ibrahim (left); Managing Director, CEAT Fixed Income Fund, Babatunde Tinubu; Chairman/representative of United Capital Trustees, Mrs. Tadeni Balogun; and Company Secretary, CEAT, Mrs. Joy Sulucainan, during CEAT’s second general meeting in Lagos.<br /> CEAT Fixed Income Fund has reiterated its commitment to helping its investors and stakeholders to […]
Shedrack Onakpoma The management and board of United Capital Plc has announced the appointment of Shedrack Onakpoma as the company’s new Chief Finance Officer (CFO). This was disclosed in a notice sent to the Nigerian Stock Exchange (NSE) and the company’s esteem shareholders. Onakpoma’s appointment which took effect on January 15, 2019 , according to […]
The stock market fell further yesterday following losses by bellwether counters. Consequently, the Nigerian Stock Exchange All-Share Index (NSE ASI) that hit a-15 month low on Monday, went down further by another 0.48 per cent to close lower at 33,449.17, while market capitalisation shed N59.3 billion to close at N12.2 trillion. However, the decline in […]
The Nigerian Stock Exchange (NSE) is now ranked the worst performing equities market in the African continent as the Year-to-Date (YTD) return of the All-Share Index (ASI) worsened. The YTD return is the amount of profit generated by an investment since the beginning of the current calendar year. The latest development was occasioned by rising […]
Trading floor of the Nigeria Stock Exchange The Nigerian equities market started the week on a bearish note following losses by bellwether stocks such as Dangote Cement Plc, Nigerian Breweries Plc, GTBankPlc, FBN Holdings Plc. The benchmark index, the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.06 per cent to close at 36,479.42, while […]
Nigerian Stock Exchange Building The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses suffered by major highly capitalised equities. Looking for One and Only? Ad Spend Your Summer With Charming Women UkrainianCharm Try now […]
The equities market plunged further yesterday as profit taking in bellwether stocks depressed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) below 35,000 mark at 34,663.48. Similarly, market capitalisation shed N220.5 billion to close lower at N12.638 trillion. A total of 22 stocks shed weight compared with only 11 other stocks. The banking counters recorded […]
stock exchange market complex, Lagos Investors in Nigeria’s stock market lost a total of N220bn on Monday due to the losses recorded by 22 companies listed on the Nigerian Stock Exchange (NSE). The Stock Exchange All-Share Index fell by 1.71 per cent to close at 34,663.48 basis points while the market capitalisation of listed equities […]
FILE PHOTO: The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. Picture taken November 9, 2016. REUTERS/Afolabi Sotunde/File Photo The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses […]
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