The Nigerian equity market contracted further on Friday as profit-taking especially in Dangote Cement, Okomu Oil and Guinness caused investors to lose N55.640 billion. A negative...
The Nigerian equity market closed on a negative note on Thursday as negative sentiment caused investors to lose N20.561 billion. The market posted a negative breadth...
The Nigerian bourse rebounded on Wednesday, appreciating by N21.88 billion gain on the back of gains posted by Nestle, Flour Mills and Cadbury. The Consumer Goods...
Negative sentiment persisted in the market on Tuesday as profit-taking in bellwethers such as Flour Mills, MTN and Ardova caused the market to shed value further....
The Nigerian equities market extended last week’s losses on Monday as profit-taking efforts caused investors to dump large volumes of stocks for sale. The market shed...
Africa’s leading cement producer, Dangote Cement Plc, Monday listed its N100 billion Series 1 Senior Unsecured Bonds on the Nigerian Stock Exchange (NSE). Issued by the...
The Nigerian bourse saw limited trading sessions this week as a result of the public holiday observed on Friday in commemoration of the 2020 Democracy Day....
The Nigerian bourse extended the previous session’s loss on Thursday, depreciating by N16.885 billion amidst negative sentiment triggered by heavy sell pressure. Thursday’s downward drift was...
Profit-taking in a number of blue-chip equities dragged the Nigerian bourse down on Wednesday by N62.621 billion. The Industrial Index posted the biggest loss across the...
The Nigerian bourse added N44.442 billion on Tuesday on the back of strong positive sentiment from investors. The Industrial Index posted the biggest gain across the...
The Nigerian bourse rebounded on Monday on the back of buy pressure on blue-chip stocks led by MTNN, BUA Cement, UACN and Nigerian Breweries. All the...
BUA Cement Plc has reported a N4.1 billion leap in earnings for the first quarter of 2020 on the back of improvement in turnover by 25.1%. The...
The market was largely bearish this week as several investors were intent on cashing out their investments, consequently putting up large volumes of stocks for sale....
The last trading session for this week closed on a negative note Friday as sell pressure on the stocks of two of the most capitalised companies...
The Nigerian equity market maintained its upbeat trend Tuesday even though a marginal increase was recorded, thanks largely to gains recorded by large-cap stocks including Dangote...
The equity market added N24.193 billion on Monday with heavy trading in the shares of FBN Holdings, GTB and Japaul accounting mostly for the volume of...
Fewer trading sessions were conducted this week than the last due to a two-day break on Monday and Tuesday, observed in commemoration of the Ramadan festival....
The Nigerian stock market returned to winning ways on Friday as the Industrial Index emerged the best performer across the sectorial indices with two of the...
Dangote Sugar Refinery Plc Friday reported it posted a slump in profit in the sum of N631.816 million between January and March this year relative to the...
Large volumes of heavyweight bank stocks –FBN Holdings, Access Bank, Zenith Bank, UBA and GTB –were dumped for sale at Thursday’s trade session of the Nigerian...
The total market value of Nigerian stocks at the close of business on Wednesday was just a leap over the figure posted at the last session...
The market maintained an upbeat trend throughout this week as buy pressure outweighed investors’ desire to sell off their stocks. Trade volume was at six-week high...
The Nigerian equity market closed on an upbeat note Friday, triggered by gains in blue-chip stocks. However, a positive market breadth was recorded as 29 losers...
Buy pressure in blue-chip stocks lifted the market higher Thursday as market capitalisation expanded by N159.553 billion The Insurance Index posted the biggest sectorial gain, going...
The Nigerian bourse further gained Wednesday as the prices of a couple of heavyweight bank and industrial stocks strengthened. Buy pressure on Dangote Cement, BUA Cement,...
BUA Cement Plc, which debuted on the Nigerian Stock Exchange (NSE) with common stocks numbering well over 33.864 billion in January, has reported a fall in after-tax profit...
The Nigerian bourse extended its gains on Tuesday by N136.087 billion, helped by a 2.08% lift in the Banking Index to 289.69 basis points on the...
The Nigeria bourse posted gain on Monday after closing flat on Friday, driven by appreciation in some big-cap and mid-cap stocks. While other sectorial indices depreciated,...
The size of trade during the week, which ended Friday, was worrisomely low, partly occasioned by the necessity to trade away from the Nigerian Stock Exchange...
Friday, the Nigerian equities market closed flat, the first time this year, following a balance of power in buy and sell strain after two days of...
Investors’ passion for bank stocks are showing no signs of waning as bank stocks led trade on Thursday with Zenith, GTB and FBN Holdings accounting for...
High demand for the shares of Mobil and Total was instrumental in the Nigerian bourse’s first gain in four days on Wednesday. The Oil and Gas...
Sell pressure on the stocks of three of Nigeria’s four biggest companies by market capitalisation —Dangote Cement, MTNN and BUA Cement —led the equity market to...
As witnessed at the last session, the determination of many investors to cash out of their stocks caused the market to close in the negative territory...
Food-processing giant, Nestlé Nigeria Plc, has reported a N1.651 billion fall in after-tax profit for First Quarter 2020 compared to the relative period of 2019. The comprehensive...
The Nigerian bourse recorded considerable gains Monday through Friday as investors’ appetite for big-cap and medium-cap equities continued to grow. However, the bull run in the...
Profit-taking in big-cap stocks led by MTNN, GTB and BUA Cement disrupted the nine-day bull trend on the Nigerian Stock Exchange Friday, causing the market to...
The market maintained the current uptrend on Thursday as bargain-hunting efforts lifted equities further. Gains in bellwethers such as Nestle, Dangote Cement and Nigerian Breweries largely...
Sterling Bank Plc has reported a N1.175 billion plunge in profit for first quarter 2020, compared to the corresponding period of 2019. The highlights of the tier...
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...
For the seventh day in a row, the Nigerian bourse recorded gain at Tuesday’s session as the market added up about N374.945 billion, the biggest single...
The bull run in the Nigerian equities market continued Monday as market capitalisation crossed the N12 trillion mark even though the volume of trade remained low...
The Nigerian equities market posted gains Monday through Thursday as bargain-hunting efforts sustained a positive trend all week long. Investors showed particular preference for blue-chip equities,...
The Nigerian bourse sustained its current bull run Thursday, recording its fourth straight gain as heavyweight stocks pushed market capitalisation close to the N12 trillion mark....
Sustained buy pressure in blue-chip equities lifted the Nigerian bourse higher on Wednesday as the key performance indicators ended in the positive territory. Bargain-hunting, particularly in...
The market sustained its bull run Tuesday, appreciating by N58.154 billion as investors’ interest in blue-chip equities rose further. Buy pressure in bellwethers such as Nestle,...
The Nigerian equity market recorded a modest gain on Monday amid a lower trade volume compared to last week’s session. Bargain-hunting in blue chip stocks including...
Lagos-based upstream exploration and production company, Seplat Petroleum Development Company Plc, Monday reported an 89.5% leap in profit for Full Year 2019 compared to the relative...
Both positive and negative sentiments defined investors’ attitude to the market this week as gains and losses were recorded in the five trade sessions. The bourse...
Trading on the Nigerian Stock Exchange ended on a positive note Friday as bargain-hunting efforts led the market to appreciate by N67.014 billion. Across the sector...
