Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
The Nigerian stock market continued its slow growth with the market capitalisation increasing from N20.28 trillion to N20.30 trillion at the close of business on Thursday....
The Nigerian stock market returned from the Easter holiday on a negative note following the dip in the market capitalization at the close of trading on...
As the Nigerian stock market continues to underperform and cost investors billions in share value, there are companies whose capital market activity and off-market decisions need...
The stock market closed for the week on Thursday due to the Easter break announced for Friday, April 2, 2021 and Monday, April 5, 2021. This...
The Nigerian stock market remained in bearish zone for the second consecutive day after the equity capitalization dipped further at the close of trading on Wednesday....
Nigerian stock market slipped back to bearish territory with the market’s equity capitalisation dropping from N20.66 trillion to N20.54 trillion at the close of trading on...
Against all odds, Bitcoin continues to trade high while the Nigerian Stock Exchange (NSE) struggles to keep investors. The capital market in Nigeria has mostly been...
Nigerian stock market closed with N20.24 trillion in equity capitalization at the end of trading on Thursday. This was N122.47 billion lower than the N20.36 trillion...
Investors at the Nigeria Stock Market (NSE) lost at least N82.4 billion during trade on Thursday. The market capitalisation plunged from N20.67 billion to N20.59 trillion...
The Nigerian stock market, in the week gone by was mostly in a bearish territory, but it managed to pull a total turnover of 1.930 billion...
The Nigerian stock market ended the last day of trading week on a bearish note, as the equity capitalisation plunged to N20.82 trillion on Friday, having...
The National Bureau of Statistics (NBS) announced earlier on Thursday that Nigeria’s economy has exited recession following the fourth quarter 2020 Gross Domestic Product (GDP) growth...
The first week of February wasn’t good for the Nigerian capital market as the Nigerian bourse lost N300 billion in market capitalisation having opened the week,...
The Nigerian bourse opened the week on a negative note as the benchmark- All Share Index (ASI) dropped by -0.23percent to close at 41,082.38 index points....
It was a Bullish Day again on Thursday as Investors Increase Risk Appetite pushed the market’s benchmark performance indicator –the NSE All Share Index (ASI) by...
The Nigerian stock market rose by 0.36% as the All share index moved from 40,150.78 to 40,295.95 largely driven by the advancements in the shares of...
The Nigerian stock market added N32.66 billion on Tuesday, with NEM, Wapic and Japaul leading gainers. The Insurance Index topped the sectorial indices, adding 1.62% to...
Equities on the Nigerian stock market rose for the eight consecutive session Wednesday amid investors’ relentless interest in blue-chip stocks. Buy pressure on large-cap and mid-cap...
The Market Capitalisation of the Nigerian stock market crossed the N15 trillion mark today as the listing of the 33.8 billion shares of BUA Cement Plc...
The Nigerian Stock market opened for four trading days this week with the exception of Wednesday being public holiday observed in celebration of New Year’s Day...
The Nigerian stock market was predominantly bearish last week despite the two bullish days recorded by the market on Monday and Wednesday. The two key market...
The Nigerian stock market recorded poor performances across its key market indices this week owing to series of profit-taking activities by investors. The bear was dominant in the...
Investors lost N41.5 billion as the Nigerian stock market ended the week bearish. They shed 0.32% on a week to date basis and 15.85% on a...
Gains in MTNN (+0.6%), DANGCEM (+0.3%) and CCNN (+3.5%) pushed the benchmark index up by 2bps to 27,607.02 points on Wednesday trading at the floor of...
Investors at the Nigerian Stock Exchange (NSE) gained N15.5bn on the first trading day of the week. All Share Index gained 8bps to settle at 27,950.36...
The Securities and Exchange Commission (SEC) on Monday confirmed telecommunications giant, MTN for listing on the Nigerian Stock Exchange (NSE). The telecoms company recently changed its...
The profit-taking at the Nigerian stock market continued on Tuesday for the second consecutive trading session as investors opened up more sell orders to attract bids...
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...
The downtrend that started the week at the Nigerian stock market worsened on Tuesday as continuing sell pressure overwhelmed the market and forced many transactions to...
The rally at the Nigerian stock market continued on Thursday with a net capital gain of N92 billion, bringing the total gains by equities in the...
Nigerian equities rallied further on Tuesday to push the average year-to-date return at the Nigerian stock market to 27.9 per cent. For the fourth consecutive trading...
Nigerian equities rode against a strong first-day profit-taking trend to close with a marginal decline last week as global equities showed a largely negative performance amidst...
The streak of downtrend at the Nigerian stock market continued on Tuesday as investors sought to readjust their portfolios and lock in profit. After losing N42...
The latest streak of downtrend at the Nigerian stock market extended to the third consecutive trading session on Tuesday, raising the negative average year-to-date return to...
For the fourth consecutive trading session, the Nigerian stock market remained upbeat on Thursday as last-minute transactions by institutional investors continued to enliven the equities market....
The underlying positive sentiments at the Nigerian stock market remained large on Wednesday but losses suffered by a handful of highly capitalised stocks overshadowed the overall...
Nigerian equities were among the worst-performing equities globally as continuing ambivalence over the foreign exchange (forex) management, weak corporate earnings and generally tight macroeconomic conditions combined...
In from Success Allantee . . . The Nigerian stock market showed a positive momentum yesterday with more gainers than losers, but losses by banking stocks...
Average year-to-date return at the Nigerian stock market worsened to -6.11 per cent last week as quoted equities continued their losing spree amidst macroeconomic concerns and...
In from Success Allantee …. The average share price at the Nigerian stock market dropped by 1.08 per cent in the immediate past week, further highlighting...