At the close of equities trading on the Nigerian Stock Exchange (NSE) yesterday, the All-Share Index (ASI) declined by 0.09 per cent amid sustained sell pressure. The NSE-ASI shed 33.98 absolute points, representing a decline of 0.09 per cent to close at 36,299.82 points, while year-to-date loss worsened to 5.08 per cent, lowest since October […]
Tag: XNSA_UNITYBNK
Renewed sell pressure pulls stock market index by 1.09%
Nigeria Stock Exchange, Lagos •Analysts optimistic on market rebound Renewed sell pressure on the trading floor of the Nigerian Stock Exchange (NSE), yesterday, reversed four-days bullish run, causing the All-share index to dip by 1.09 per cent. Yesterday, investors embarked on massive profit taking to recoup their investment, following the few days of capital appreciation […]
Enugu Govt Seals Banks, Others over Non-payment of N200m Tax
The Enugu State Board of Internal Revenue after obtaining court orders, yesterday carried out a distrainment exercise on four banks and two other private firms, located in Enugu metropolis and Nsukka, for non-payment of taxes due to the state government, totaling over N200 million. The affected companies, according to the board’s Director of Back Duty […]
The vigil continues for these tier one bank results
Stocks to Watch cks to watch comprise stocks that were the top gainers and losers in last week’s trading, those that released their results or made key announcements after the trading session, and those in the news. This is not a buy sell or hold recommendation. UBA Plc and Access Bank Plc Tier one lenders […]