The Wema Bank board has announced its proposal of N0.04 dividend per share translating to a total dividend of about N1.543 billion for Full Year 2019. In its notice to...
Access Bank Plc has reported a N218.790 million or 0.53% plunge in its First Quarter 2020 profit compared to the same period of 2019. The full account...
Profit-taking especially in blue chip equities led investors to dump large volumes of shares for sale Thursday as the market shed N161.302 billion. A negative market...
The Nigerian bourse rebounded on Wednesday after recording depreciation in the previous session. Gains posted by blue-chip equities led by WAPCO, Zenith Bank, BUA Cement, PZ...
The Nigerian equity market closed in the negative territory on Tuesday as profit-taking activities in blue-chip stocks triggered a loss of over N151.392 billion. A negative...
The Nigeria bourse recorded its first loss in nearly two weeks on Monday as profit-taking in a number of blue-chip equities caused market capitalisation to dip...
The market recorded gains in all its four sessions this week with no activity recorded on Monday being public holiday commemorating Easter. Nigerian Breweries, Conoil and...
The Nigerian equity market recorded its fourth gain in a row on Friday, meaning that all the sessions for this week closed on a positive note....
Bargain-hunting in bellwether stocks continued Thursday, causing the Nigerian bourse to record its third gain in a row this week. All the key market indicators ended...
The bull run entered its fifth day Wednesday in the Nigerian bourse, primarily driven by bargain hunters’ preference for blue-chip equities in the industrial, banking, and...
Resuming from a 2-day Easter holiday, the Nigerian stock market appreciated by N258.451 billion on Tuesday, marking the fourth daily gain in a row. Today’s positive...
Gains in large-cap equities led by Nestle and Seplat ushered the Nigerian bourse into its third day of bull run on Thursday. Bargain hunting has been...
The Nigerian bourse sustained the fairly positive performance it recorded Tuesday at the end of Wednesday trade with all the key performance indicators ending towards the...
The steep decline in activities that have dominated the market in the last couple of days reached a new low Tuesday with Trade Volume tumbling by...
The market posted one of its biggest single day losses this year on Monday, shedding about N221.615 billion as negative sentiment remained rife. Profit-taking in industrial...
Heavy sell-offs in the shares of the two most capitalised companies on the Nigerian Stock Exchange –Dangote Cement and MTNN –accounted primarily for the N13.851 billion...
In spite of the downtrend in market activities spurred by the need for investors to trade remotely in the wake of the coronavirus crisis, the Nigerian...
The bear run on the Nigerian bourse continued Wednesday as sell pressure in blue-chip stocks caused key performance indices to end in the red. A negative...
The Nigerian stock market recorded the second consecutive loss this week Tuesday as profit-taking led the market to close in the negative territory. So far this...
Negative sentiments dominated activities in the Nigerian bourse Monday as intense profit-taking cost the market N276.727 billion. All the key performance indicators closed in the negative...
For the second day running, the Nigerian bourse recorded modest appreciation driven by increasing positive sentiments among equity investors despite the general economic uncertainties. A positive...
The Nigerian equity market rebounded today after a loss at Wednesday trade largely by reason of aggregate gain recorded by a number of blue-chip bank stocks....
Dangote Cement Plc has, through its Board of Directors, announced a campaign to raise debt valued at N300 billion under its Shelf Registration Programme, the first...
The Nigerian Stock Exchange (NSE) said Monday it would temporarily close its trading floors and engage in remote trading over the coronavirus pandemic in the country....
Panic selling persisted in the market on Monday with heavy sell pressure on banking stocks dragging the Banking Index by 9% to 220.66 basis points, the...
Negative sentiments are still rife across the Nigerian bourse, reflected in how shares are being dumped for sales in enormous volumes week after week. The glut...
For the second time in three days, the Nigerian bourse rallied at the end of Friday’s trade, driven by bargain hunting activities in a couple of...
Access Bank Plc has concluded a cross-border listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE), making it the first Nigerian commercial...
Profit-taking efforts in bellwether stocks across the banking, industrial, telecoms and ICT sectors Thursday caused the market to record tremendous loss, easily reversing the modest gain...
Investors lost about N84.487 billion on the Nigerian equity market today, largely due to heavy sell pressure on industrial goods stocks, which outweighed the volume buyers...
Today’s trade ended on the Nigerian Stock Exchange (NSE) with the market reversing nearly all the gain it made last Friday and slipping back to the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Between 20th January and 13 March 2020, the Nigerian stock market shed N3.457 trillion, shedding an incredible 22.6% of its value in less than 8 weeks. Specifically,...
The Nigerian bourse rallied marginally today after successive days of heavy losses running into trillions of Naira. There has been massive trading in bank stocks in...
Panic selling on a large scale not only caused the market capitalisation of the Nigerian equity market to go slimmer today, setting in motion a total...
Massive profit-taking especially in blue chip equities led investors to dump large volumes of shares for sale today as the market shed N328 billion. A negative...
Bargain-hunting in high-cap stocks largely shaped the direction of the market this week as the Nigerian bourse closed in the positive this week, thanks to two intervening...
The bear returned to the Nigerian bourse on Friday as sell pressure in blue-chip bank stocks caused key performance indices to end in the red. However,...
Investors’ appetite for bank stocks drove activities in the market Wednesday as the Nigerian bourse recorded gain for the second consecutive day this week. A positive...
11 Plc, formerly Mobil Oil Nigeria PLC, is poised to delist from the daily official list of the Nigerian Stock Exchange (NSE). If the move materialises,...
Respite came the way of investors today as the Nigerian Stock Exchange (NSE) rallied with a N232 billion gain to end the reign of the bear...
Heavy sell off cost the market N610 billion this week. So far this year, investors have lost N1.646 trillion due to the negative sentiments that have...
The Nigerian Stock Exchange extended its losing streak on Friday as profit-taking efforts drove the market southward. Investors lost about N308 billion at the end of...
The crunch in the equity market bit harder today, causing the market capitalisation to shed N86 billion. A negative market breadth was posted: there were 19...
The bear tightened its stranglehold on the market further today as the index went down by 0.22%. A negative market breadth was posted with 16 losers...
Share registration service firm, Africa Prudential Registrars Limited, Tuesday announced a dividend payout of N0.70 per share for the 2019 Full Year. Altogether, the firm will pay the...
Increasing negative sentiments particularly in bank equities led investors to dump large volumes of shares for sale today as the market struggled to earn confidence. The...
It may take a longer time for the market to find resilience if the current momentum of loss increases. The market was nearly absolutely bearish driven...
The Nigerian recovered marginally today following a five-day bearish run. A positive market breadth was posted with the number of gainers standing at 19 and that...
Profit-taking in heavyweight bank stocks sustained the current downturn in the stock market today, causing as much as N13 billion depreciation in the total value of...
