By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded on Thursday by 0.17 per cent following the rush for Access Bank Plc stocks by investors, especially the dividend hunters. After the close of trading activities on Wednesday, the lender released its much-anticipated earnings for the period ended June 2021 and it proposed the payment of […]
By Dipo Olowookere The volume of transactions witnessed at the local stock exchange last week increased by 312 million units or 30.41 per cent to 1.338 billion units from 1.026 billion units. Business Post reports that these trades were valued at N8.7 billion executed in 19,830 deals compared with the preceding week’s N8.2 billion carried […]
Nigerian Exchange Group (NGX) The Nigerian equities market reversed losses to close in an upward note yesterday, as the All-Share Index appreciated by 0.2 per cent. Specifically, the All-Share Index (ASI) grew by 68.01 absolute points, representing a rise of 0.2 per cent, to close at 39,252.19 points. Similarly, the overall market capitalisation value gained […]
The Nigerian Equities Market halted its three days negative outing to close on a positive note, owing to bargain buying in Dangote Cement and Access Bank shares. On Thursday, the All Share Index of the Nigerian Exchange Limited (NGX) inched up by 0.17 per cent to bring the bourse at 39,252.19 basis points. This outing […]
Nigerian Exchange Group (NGX) Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, causing market capitalisation to dip further by N17 billion. Yesterday, the All-Share Index (ASI) shed 32.57 absolute points, representing a decrease of 0.08 per cent to close at 38,873.85 […]
Nigerian Exchange Group (NGX) Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion. Specifically, at the close of trading yesterday, the All-Share Index (ASI) depreciated by 57.03 absolute points, representing a […]
Banks fund 273,435 businesses with N1.8tr loan –CBN Amid growing anxiety over the fate of retail customers in the aftermath of the Central Bank of Nigeria (CBN) ban on sale of foreign currencies to Bureau de Change operators, managing directors of Deposit Money banks (DMBs) yesterday, said they are now set to fill the void […]
…Deploy infrastructure for immediate forex sale By Babajide Komolafe & Elizabeth Adegbesa n Banks Chief Executives have warned against presentation of fake documents for foreign exchange purchase, even as they expressed readiness to sell foreign exchange to members of the public as directed by the Central Bank of Nigeria (CBN). This follows the decision of […]
The Nigerian equities market yesterday closed transaction on a negative note by shedding N25 billion to halt the five consecutive days gaining streak, as the Central Bank of Nigeria (CBN) held all policy parameters unchanged. The downturn was due to investors’ sell-off sentiment in some bellwether stocks, as the market awaits the release of more […]
download (3) As elusive as the quest by Nigerian women to achieve gender parity in all spheres of life may seem many women are holding their own in their chosen fields of endeavour. In this report, ENE OSHABA celebrates six Nigerian women leading in the banking industry even as more strive to break the proverbial […]
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