After losing N236 billion in a major contraction on Wednesday, Nigerian equities recovered on Thursday amidst increased bargain-hunting for consumer goods manufacturers and banking stocks. Benchmark...
Milost Global Inc, an American private equity firm, is bidding to acquire an overwhelming majority equity stake in ailing Nigerian mortgage firm, Resort Savings & Loans...
Nigerian equities lost N236 billion on Wednesday as profit-taking transactions on large-cap stocks overwhelmed the underlying positive sentiment at the market. While there were more advancers...
Nigerian equities remained on the uptrend on Tuesday as large-cap stocks rallied the market to a net capital gain of N35 billion. While there were more...
Nigerian equities market continued on the upward trend as bargain-hunting for dividend-paying stocks spurred a market-wide rally that left investors with net capital gain of N229...
African equities were the major contrarian stocks in global downtrend that dominated trading in the immediate past week with Nigerian equities riding above negative hangover to...
After a topsy-turvy in the first two trading sessions of the week, Nigerian equities broke into a major rally on Wednesday with a gain of N370...
Nigerian equities opened this week with a tight market situation as investors weighed valuations against prospective dividend payouts to determine the direction and degree of their...
Nigerian equities ended the week with a marginal net capital loss of N25 billion as a first-day upset on Monday overwhelmed subsequent four-day consecutive recovery. Nigeria’s...
For the third consecutive trading session, Nigerian equities continued on the upswing on Thursday as investors stepped up bargain-hunting for value stocks. The overall market situation...
Investors with shares in the banking sector on the Nigerian Stock Exchange, NSE have lost over N100.8 billion in two trading days of the week following...
Nigerian equities rallied net capital gain of N155 billion on Thursday as investors continued bargain-hunting for quoted shares ahead of the main earnings season for the...
After losing about N1.05 trillion in seven days of consecutive depreciation, Nigerian equities regain their rally on Wednesday with a net capital gain of N166 billion...
Nigerian equities recorded their highest loss in five months on Tuesday as continuing selloff pulled the market to a net capital loss of N369 billion. Benchmark...
Investors struck N3.84 billion deals for the transfer of about 6.06 per cent equity stake in Sterling Bank Plc Thursday, raising speculations that some major shareholders...
After it took a dip on Wednesday, high-cap stocks rallied the Nigerian stock market back to the uptrend on Thursday with a modest average gain of...
After losing N462 billion last week in the first week-on-week decline in 2018, Nigerian equities reopened on Monday with a strong rally with more than three...
For the fourth consecutive day, Nigerian equities continued on the downtrend as profit-taking transactions by investors seeking to monetise capital gains persisted, despite the underlying bargain-hunting...
Nigerian Breweries Plc on Wednesday listed 67.8 million ordinary shares of 50 kobo each. The supplementary shares were due to the scrip dividend scheme offered by...
Investors in May & Baker Nigeria Plc received a major boost on Wednesday with the inauguration of the board of the group’s domestic vaccine-producing company– Biovaccines...
Most transactions at the Nigerian stock market were closed on Wednesday at a discount as a scramble for exit by profit-takers continued to pressure the market...
The profit-taking trend that started the Nigerian equities market on Monday worsened on Tuesday as investors increasingly sought to monetise recent capital gains. Benchmark indices at...
After three weeks of consecutive capital appreciation, Nigerian equities reopened on Monday to a tinge of profit-taking as investors sought to monetise capital gains. With a...
After three successive bullish trading sessions that saw equities net N712 billion in capital gains, investors in Nigerian equities turned around on Thursday to monetise the...
The Nigerian Stock Exchange (NSE) expects the strong rally that left the equities market with average gain of 42.3 per cent in 2017 to continue in...
Nigerian equities rallied net capital gain of N336 billion on Tuesday to push the year-to-date gain for the 11 trading sessions so far in 2018 to...
Authorities at the Nigerian Stock Exchange (NSE) have started a process that will lead to voluntary delisting of the only soft-drink company quoted on the Exchange-Seven-Up...
Former President Olusegun Obasanjo on Saturday said that he hopes that Nigeria may soon begin to see the change the Federal Government promised in the power...
Investors in Nigerian equities have so far this year earned N755 billion as net capital gains as impressive performance in 2017 and expectations on impending corporate...
Nigerian equities rallied net capital gain of N242 billion in the first trading week of 2018, setting a positive course that built on the significant recovery...
Investors appeared to have turned to low-priced stocks, otherwise known as penny stocks, as bargain-hunters seek to build strong lead in low-priced value stocks with potential...
Nigerian equities remained under sell pressure on Tuesday, continuing a downtrend that pared the average year-to-date return to 40.59 per cent. With nearly two decliners to...
Nigerian equities traded on Monday on a tight balance of bargain-hunting and profit-taking but a considerable decline in the share price of Dangote Cement Plc weighed...
Nigerian equities suffered a major contraction during the immediate past week as investors turned round to take profits on steep rallies witnessed in the previous week....
There were more than three decliners for every advancer at the Nigerian Stock Exchange (NSE) on Thursday as increased sell pressure continued to depress the share...
Investors staked N23.12 billion on 94.7 million shares of Dangote Cement Plc on Tuesday at the Nigerian Stock Exchange (NSE), as the most capitalised quoted company...
The Federal Government Sunday announced the appointment of Abdul Zubair as Acting Director-General, Securities and Exchange Commission (SEC), following the suspension of Munir Gwarzo, the commission’s...
The rally at the Nigerian equities market gathered momentum on Wednesday with four advancers for every decliner in a bullish market that nudged the average year-to-date...
Nigerian equities reopened this week with a tinge of profit-taking as investors sought to rebalance their portfolios as the month draws to an end. Benchmark indices...
Nigerian equities staged a considerable recovery on Monday as the National Bureau of Statistics (NBS) released its latest economic report showing that the national economy doubled...
Nigerian equities recorded its worst decline in seven weeks on Tuesday as low demand combined with considerable profit-taking transactions to shave off N125 billion from market...
Nigerian equities opened with a tinge of bearishness on Monday as losses by a handful of highly capitalised stocks dragged the market to a negative close....
Nigerian equities sustained a largely bullish performance during the immediate past week, leaving investors with net capital gains of N165 billion at the weekend. Benchmark indices...
For the third consecutive trading session, Nigerian equities on Wednesday continued on the upswing as investors sought to take positions in bargain-stocks in early trades for...
Nigerian equities traded on a tight balance of bargain-hunting and profit-taking during the immediate past week as third quarter earnings of most active quoted companies showed...
Oando Plc has secured a court order restraining Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), from going ahead with its announced forensic audit...
It was almost a tit-for-tat at the Nigerian stock market on Thursday as investors appeared to pause momentarily to determine the next major directional change. With...
Following Oando Plc’s suspension from the Nigerian Stock Exchange (NSE), the Johannesburg Stock Exchange (JSE) has also suspended trading in shares belonging to Oando Plc. According...
The raising of the initial capital for the proposed Lagos Commodities & Futures Exchange (LCFE) kicked off on Tuesday in Lagos. Stockbrokers, investment bankers and other...
Low-priced stocks, otherwise known as penny stocks, were the toast of investors on Tuesday at the Nigerian Stock Exchange (NSE) as they appeared to be increasingly...
