The Nigerian stock market, yesterday, closed transactions on a positive note to halt the bearish sentiment of two consecutive trading days, as capitalisation gained N382 billion. Market analysts stated that, the upturn was buoyed by buy-interest on blue-chip stocks of the industrial, consumer goods, and banking sectors. The All Share Index (ASI) increased by 733.30 […]
The Nigerian Exchange Limited has imposed a total penalty of N719.7m on 14 companies listed on the stock market for late filing of their audited and interim financial statements. The NGX disclosed this under the ‘2021 default filings’ section of a report obtained by our correspondent on Tuesday. The companies that filed their financial statements […]
Nigerian Stocks were fired up at the last trading session of the week cumulatively. The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively. Investors gained N1.33 trillion. A total turnover of 1.893 billion shares worth N17.647 billion in 20,660 deals was traded this week by […]
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have an impact on the firms themselves or shareholders. Examples of corporate actions include the payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Here is a review of corporate actions that took […]
NSE Daily Market Summary Losses on the Nigerian Stock Exchange slowed in today’s trading after yesterday’s plunge . TheAll-Sharee Index closed at 32,022.23 basis points, down 0.84%. Year to date, the exchange is down 16.27% and is the worst performing in Africa. Top Gainers and Losers Skye Bank was the best performing stock in today’s […]
Greif Nigeria Plc Greif Nigeria Plc has announced the retirement of its Managing Director, Mr. Olukunle A. Obadina with effect from 31st October 2018. The company disclosed this in a notice sent to the Nigerian Stock Exchange (NSE). He will, however, be appointed as a non-executive member of the Board of Directors effective 1st November […]
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