The downtrend at the Nigerian stock market worsened considerably on Tuesday as investors lost N163 billion in a massive price depreciation that brought many equities to...
After losing N91 billion last week, Nigerian equities reopened on Monday on the downside as emerging third-quarter earnings failed to stir substantial investors’ appetite needed to...
Zenith Bank Plc has just released its unaudited results for the nine-month period ended September 30, 2016 with profit before tax rising by 16.6 per cent...
Emerging third quarter earnings failed to stimulate investors’ appetite as Nigerian equities suffered a net capital loss of N91 billion last week, a week that saw most...
Nigerian equities halted a three-day downtrend on Thursday as investors upped demand for Guaranty Trust Bank (GTBank) Plc, which announced impressive growths in earnings in the...
Total turnover at the Nigerian Stock Exchange (NSE) nosed down to 81.91 million shares valued at N592.52 million in 2,520 deals, a significant decline in a...
The American oil giant, ExxonMobil Oil Corporation has reached firm agreement to sell its majority equity stake of 60 per cent in Mobil Oil Nigeria Plc...
For the second consecutive trading session, Nigerian equities remained on the downtrend as emerging third quarter earnings failed to quicken investors’ appetite for quoted shares. After...
Investors increased stakes on Nigerian equities and the Nigerian stock market rose against the downtrend that started this month to a modest gain in the second...
The selling pressure and momentum of activities intensified on Thursday at the Nigerian stock market as investors remained unexcited by emerging corporate earnings for the third...
Profit-taking transactions tipped the modest rally that started this week to the negative side by the mid week as investors extended the underlying selling pressure to...
United Bank for Africa (UBA) recorded modest growths in top-line earnings and profit as the bank grew its profit before tax to N61.6 billion in the...
The overall market position at the Nigerian stock market again closed on the positive on Tuesday as large-cap stocks overshadowed underlying widespread selling sentiments. For the...
Nigerian equities set out for the last quarter of this year with strong selling pressure as profit-taking transactions on the September rally shaved off N172 billion...
Investors in the Nigerian equities market ended the week with additional net capital gain of N30 billion as continued bargain-hunting sustained the recovery at the stock...
Nigerian equities broke away from their negative tight market situation to record their first net capital gain in three trading session on Thursday as the MSCI...
Nigerian equities reopened on Monday with a tinge of profit-taking trend that saw mot equities closing lower, but gains by some large-cap stocks buoyed the overall...
Nigerian equities rode against the generally negative trend that stretched through most major African equities market last week to post net capital gain of N133 billion...
Losses recorded by high-cap stocks in the industrial goods, banking and breweries sectors on Thursday halted the modest rally at the Nigerian stock market. Aggregate market...
Nigerian equities sustained a modest rally on Wednesday as improved investors’ appetite for oil and gas stocks spurred the market to a second consecutive positive session....
The liquidity of the Nigerian banking system declined and activities at the fixed income and foreign exchange markets slowed down considerably as the financial system continues...
For the fifth consecutive trading session, Nigerian equities defied the cash demand for the Eid ul Mubarak, Muslims’ main festival celebrated by more than half of...
Nigerian equities reopened Wednesday after a two-day public holiday with considerable buying sentiments as market value of all quoted companies rose by N22 billion in five...
The modest recovery that started on Wednesday at the Nigerian stock market widened on Thursday as the release of audited report by oil major, Conoil, enlivened...
After three successive negative trading sessions, bargain-hunting transactions for large-cap stocks helped the overall market position at the Nigerian Stock Exchange (NSE) to its first positive...
Nigerian equities sustained the third consecutive uptrend on Thursday as increased investors’ appetite pushed the market to its best performance in more than two months. ...
Nigerian equities continued on the upswing on Wednesday as investors appeared to ignore negative national economic data to continue their bargain-hunting. The twin benchmark indices at...
Nigerian equities regained the uptrend on Tuesday, riding on the back of gains by large-cap stocks to reverse the losses that started the week. Key...
Activities at the Nigerian stock market were slowed down considerably on Monday as initial technical hitch delayed trading at the Nigerian Stock Exchange (NSE). Turnover at...
Nigerian equities lost N68 billion amidst a global selloff in equities that saw most emerging markets and key advanced economies with comparatively higher losses. In a...
The suspension of nine commercial banks from participating in Nigerian foreign exchange market has resulted in investors selling off their shares in panic at reduced values...
Equities regained the uptrend on Wednesday as highly capitalised stocks broke a tight market to return the overall market position to the upside with a gain...
Nigerian equities continued on the upswing with a gain of N56 billion on Monday, sustaining a rally that had seen quoted equities gaining N138 billion last...
After two consecutive weeks of losses, Nigerian equities rallied on the back of bargain-hunting for highly capitalised stocks to record net capital gain of N138 billion...
After three consecutive positive trading sessions, Nigerian equities simmered on Thursday as investors sought to take profits on several stocks. The main indices at the Nigerian...
For the third consecutive trading session, Nigerian equities sustained modest rally as positive sentiments widened across many sectors of the economy. The benchmark index for the...
After two consecutive negative trading sessions, Nigerian equities were pulled off the losing streak on Monday as the market reopened to a rally within the market’s...
The Nigerian Stock Exchange (NSE) has reviewed downward the listing and trading fees for securities listed and traded on the debt segment of its market. The...
After a breather from running price depreciation on Wednesday, Nigerian equities relapsed on Thursday into the negative as increased sell-offs shaved off N48 billion from market...
After sustained depreciation in recent trading sessions, highly capitalised stocks broke the losing streak at the Nigerian stock market on Wednesday, rallying the market to a...
The downtrend at the Nigerian stock market worsened considerably on Tuesday as increased sell orders overwhelmed the low demand at the market, leaving more than five...
Nigerian equities recorded net capital loss of N10 billion on Monday as increased bargain-hunting and caution highlighted anxieties over expected worsening inflation rate and weak corporate earnings...
Highly capitalised stocks in the equally influential oil and gas, consumer goods and industrial goods sectors on Thursday rallied the Nigerian stock market away from a...
The sell-off at the Nigerian stock market worsened on Wednesday as average day-on-day decline grew from 0.04 per cent on Tuesday to 0.52 per cent on...
Nigerian equities braced against the four-day consecutive depression at the stock market but the gains by many highly capitalised stocks failed to lift the market from...
Nigerian equities continued on the downtrend on Monday as the stock market reopened to mixed-feeling on corporate performance in the first half and the outlook for...
After a two-day breather, Nigerian equities again came under sell pressure on Thursday as investors sought to either take profit or readjust their portfolios in line...
MTN Nigeria will displace Dangote Cement Plc as Nigeria’s largest quoted company as the board of the telecommunication company on Thursday appointed the advisory team and...
Quoted equities sustained their recovery on Wednesday as investors sought to take advantage of the recent price depreciation to consolidate their portfolios. While the overall market...
Nigerian equities halted a six-day downtrend on Tuesday as bargain-hunters increased buy orders for several equities that had been substantially undervalued by recent depreciation. Equities rallied...