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...
Investors need to beware while seeking to buy or trade on shares of 49 quoted companies, a latest compliance assessment report by the Nigerian Stock Exchange...
Nigerian equities sustained their rally for the 11th consecutive trading session on Thursday as investors’ appetite for large-cap and bargain stocks left the overall market position...
Nigerian equities continued to ride high against the expectation of resurgent profit-taking as investors on Thursday shifted demand to low-priced financial services stocks in an exceedingly...
The disclosure by government that, baring any unforeseen circumstances, new investors will take over the management of Nigerian refineries, by September 2017, has started causing some...
The Nigerian Stock Exchange (NSE) has alerted the investing public on the inability of 11 quoted companies to submit their annual reports within the stipulated period....
Equities traded on a tie on Tuesday with investors matching up advancers with decliners in a dead heat that saw the market almost closing flat. The...
Following its sale to new investors, Keystone Bank Limited has appointed Hafiz Bakare as the new Acting Managing Director/Chief Executive Officer. Also appointed was Alhaji Umaru...
Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new investors have finally taken possession with...
Nigerian equities continued on the uptrend on Thursday, rallying N41 billion in net capital gains as investors showed increased appetite for several stocks across many sectors....
Despite claims by Nigerian officials that the country’s $1bn Eurobond sale was oversubscribed, investors are still insisting that permanent peace be found in the oil producing...
Investors at the Nigerian stock market reacted with a seemingly overwhelming rush to sell as Guinness Nigeria Plc on Thursday announced that it posted a net...
Investors netted N70 billion in capital gains on Wednesday as the Nigerian stock market reopened after the Christmas holidays to sustained bullish rally, in a clear...
The Nigerian stock market reopened on Monday with a strong rush to capitalise and lock in gains made in recent trading sessions. With a whooping gain...
The modest price recovery in the previous three trading sessions broke into a major rally on Tuesday as the stock market reopened to increased bargain-hunting transactions....
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...
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...
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...
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....
Despite the assurance by the CBN Governor, Godwin Emefiele, that Nigeria’s economic woes were getting over, a global rating agency, Standard and Poor (S&P.), at the weekend downgraded the country into what it termed “junk...
If well harnessed, Nigeria’s hotel business is expected to rake in $507 million into Nigeria’s economy in the next four years. But this will be subject...
The recent decision of the United Kingdom, UK to leave the European Union, EU, may have turned into a blessing in disguise for Africa, as reports...
The land swap policy introduced by the former administration of President Goodluck Jonathan may have hit a brick wall in the Federal Capital Territory (FCT) as...
The country’s troubled economy further bled last week as over 74 foreign investors in equities and Government (FGN) Bond markets left its shores. Published data on...
Director General of the Securities and Exchange Commission (SEC) Mounir Garzo has said that the commission has decided to extend the deadline for free e-dividend registration...
President Muhammadu Buhari, on Monday, appealed to investors to come to Nigeria, assuring that his government has overcome the Boko Haram terrorists. President Buhari stated this in...
For shareholders of Diamond Bank Plc, they should have less hopes of any impressive performance by their bank as the board of directors of the bank...
A massive sell off in the banking sector weighed down the performance of the Nigerian stock market on Wednesday as investors reacted sharply to profit warning...
By Ali Smart . . . The Minister of State for Petroleum Resources and Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu,...
Nigerian equities opened this week with a gain of N48 billion, sustaining the positive sentiments that upturned the long-drawn decline and added N107 billion in new...
Skye Bank Plc had discussed with key shareholders and strategic investors and has started the process to raise new additional capital by this quarter to bolster...
The Nigerian equities market took a turn for the worse in the immediate past week as investors lost N1.21 trillion. With the global crude oil price...
Alhaji Aliko Dangote’s Dangote Industries Limited (DIL) has entered into a definitive agreement to repurchase the former Dangote Flour Mills Plc, now re-branded Tiger Branded Consumer...
In from Success Allantee … The Investors’ Protection Fund (IPF) of the Nigerian Stock Exchange (NSE) currently has total net assets of N872 million but 379...
While political actors argue over the appropriateness or otherwise of the postponement of the elections earlier scheduled for February 14 and 28, the country’s economy has...
