WorldStage Newsonline– The Nigerian Stock Exchange (NSE) market capitalisation crossed N14 trillion mark on the last trading day of September due to sustained confidence. Speficially, the market capitalisation on Wednesday rose by N118 billion or 0.84 per cent to close at N14.025 trillion against N13.907 trillion achieved on Tuesday. The increase in the market capitalisation […]
Tag: XNSA_WEMABANK
Nigeria: 14 Banks Gross N1.2 Trillion Revenue in 6 Months
Lagos — Fourteen Deposit Money Banks (DMBs) listed on the Nigerian Stock Exchange have recorded N1.187 trillion gross revenue for the first six months of 2020. They had earned N1.114tn in the corresponding period of 2019. Despite the effects of the coronavirus, that trimmed physical banking activities for nearly three months, the banks still grew […]
Zenith Bank, UBA, 9 Others Paid More Taxes In 2018
Zenith Bank, United Bank for Africa and 9 other deposit money banks in the country paid more to the government in taxes in 2018 compared to what they paid in 2017 as their profits soared at the end of the last financial year. According to LEADERSHIP investigation, the 2018 financial results of the banks showed […]
Equities Trading Closes Green After N2bn Gain
By Dipo Olowookere The first gain on the Nigerian Stock Exchange (NSE) this week was achieved on Thursday after the market closed slightly higher by 0.01 percent. The market capitalisation increased yesterday by N2 billion to close at N11.594 trillion, while the All-Share Index (ASI) increased by 4.05 points to settle at 30,833.50 points. Despite […]
6 Banks Dominate Losers’ Chart on NSE
Chika Amanze-Nwachuku Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and […]
Equities Market Continues Downward Streak With N114bn Loss
The Nigerian equities market extended its losses to the second trading session of the week and month of April on the back of sustained losses in high capitalised stocks. As a result, the All Share Index (ASI) shed 300.73 absolute points, representing a dip of 0.99 per cent to close at 30,226.77 points. Similarly, the […]
Stock Indices Close 1.66% Lower Amid N150bn Loss
By Dipo Olowookere Transactions on the Nigerian Stock Exchange (NSE) closed 1.66 percent lower on Monday after investors embarked on profit taking. The loss took out the gains posted by the local bourse last Friday. The All-Share Index (ASI), which closed at 31,041.42 points last Friday, decreased yesterday by 509.73 points to finish at 30,531.69 […]
NSE confirms ABC Transport, Mcnichols, Dangote Flour best performing stocks in Q1
WorldStage NewsOnline—-The Nigerian Stock Exchange (NSE) has listed ABC Transport, Mcnichols and Dangote Flour as best performing stocks in the first quarter of 2019. Data obtained indicates that ABC Transport led eight other companies to emerge the best performing stocks in percentage terms during the period under review. A breakdown of the data shows that […]
JUST IN: ABC Transport, Mcnichols, Dangote Flour Emerge Best Performing Stocks In Q1
ABC Transport For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks […]
Equities Market Records Marginal Decline, Down 0.01%
Nigerian Stock Exchange (NSE) Lagos – Nigerian Stock Exchange – All Share Index (NSE-ASI) recorded a marginal decline to close the second trading session of the week yesterday. The All Share Index (ASI) shed 3.46 absolute points, representing a dip of 0.01 per cent to close at 31,038.86 points. Meanwhile, the market capitalisation gained N95 […]