Nigerian stocks retreated by 1.37 per cent on Friday, obliterating the feeble gain recorded at the session before as a number of big-cap stocks like MTN, Dangote Cement and BUA Cement took a hit from profit-taking efforts. The industrial goods index was the worst hit of the five sectorial indices, dipping by 4.40 per cent […]
Proshare Nigeria Pvt. Ltd. At the close of trading today, a total volume of 1.00bn units of shares of Unity Bank Plc valued at N700.69mln were traded. This represents 68.17% of the total market volumes of 1.47bn while the value of UNITYBNK shares traded represents 11.97% of the total market value traded which was put […]
The Nigerian shed N67.178 billion or 0.33 per cent Thursday, following investors’ efforts to recoup gain yielded by bank shares in a rout that worsened the current bear run in the market. The pressure to sell weighed more on GTB, Zenith and Stanbic IBTC than other stocks on the bourse, dragging the banking index down […]
Nigerian sto stocks cks rose for the third straight day Friday, appreciating 0.17 per cent in the longest gaining streak last seen in more than a month as bank stocks again drove advance. The climb rested on buy pressure on the shares of Africa’s biggest wireless service provider MTNN and lenders GTB and Zenith. But […]
The stock market opened the week on positive note yesterday, raising hopes of recovery after two weeks of decline. The market had depreciated last week by 3.04 per cent following profit-taking and return of investors to fixed income market. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.33 per cent to close […]
The stock market opened the week on positive note yesterday, raising hopes of recovery after two weeks of decline. The market had depreciated last week by 3.04 per cent following profit-taking and return of investors to fixed income market. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.33 per cent to close […]
Justice Nicholas Oweibo of the Federal High Court, Lagos, has ordered the interim attachment of all monies belonging to Forte Oil Plc and Veritas Registrars Limited in 21 banks in Nigeria over alleged N464 million debt. The court also ordered the banks to jointly or severally appear before it to show cause why they shall […]
Nine years after the Central Bank of Nigeria (CBN) rolled out the cashless banking scheme, many people have come to realise its gains, writes COLLINS NWEZE . As the coronavirus (COVID-19) pandemic rages, bank customers are also thinking of their health safety while carrying out their transactions. That is where cashless banking comes to mind. […]
Goddy Egene The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose further by 1.10 per cent to close at 34,225.22 as the market sustained its positive momentum yesterday. The market capitalisation gained N199.5 billion to close at N18.4 trillion. The bulls had returned to the market on Monday with a gain of 1.73 per cent […]
Following bargain hunting in most blue-chip stocks, the Nigerian equities market extended its gain yesterday, with capitalisation gaining N200 billion. The All-Share Index (ASI) gained 381.78 absolute points, representing a gain of 1.10 per cent to close at 35,225.22 points. Similarly, the overall market capitalisation value also appreciated by N200 billion to close at N18.411 […]
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