As quoted companies prepare to release their third quarter results, investors appeared to be placing their higher stakes on banking and building materials stocks. A generally...
Authorities at the Nigerian Stock Exchange (NSE) have suspended trading on the shares of four companies over persistent failures by the companies to operate in line...
After recording net capital gain of N765 billion in the third quarter, Nigerian equities ended the first trading session in the fourth quarter on Tuesday with...
Investors in fast-moving consumer goods (FMCGs) companies and banking stocks recorded above average gains in the third quarter as Nigerian equities sustained its bullish streak with...
Guaranty Trust Bank (GTBank) on Monday launched a bid for early redemption of its $400 million 6.0 per cent notes, more than a year ahead of...
The Nigerian Stock Exchange (NSE) has elected Mr Abimbola Ogunbanjo as the new president of its national council. Ogunbanjo was elected at the Exchange’s national council...
After rallying net capital gain of N166 billion last week, Nigerian equities opened this week with a string of profit-taking as investors sought to monetise capital...
Nigerian equities suffered a relapse on Thursday as a sell-off on Nigeria’s most capitalised company, Dangote Cement, dragged the market to a marginal loss of N7...
Nigerian equities made a comeback on Wednesday, rallying a net capital gain of N125 billion as investors deepened bargain-hunting in the high-cap stocks group. After three...
Large-cap stocks in the banking and consumer goods sectors rallied the Nigerian equities market to a modest recovery on Wednesday, overriding continuing underlying sell pressure. While...
Nigerian equities depreciated further on Tuesday as investors continued their portfolio realignment and profit-taking in early adjustments for the third quarter corporate earnings. Benchmark indices at...
Nigerian equities opened this week with a loss of N100 billion as sell pressure continued to undermine market valuations of several large-cap stocks. Benchmark indices at...
Nigerian equities sustained a second day of consecutive rally on Thursday with a net capital gain of N175 billion as a scramble for large-cap stocks lifted...
Investors in Avon Crowncaps & Containers (Nigeria) Plc risk losing more than N807 million in current valuation of their shares following the suspension of the packaging...
Oil and gas stocks witnessed a major selloff in August, orchestrating a downtrend that saw Nigerian equities with net capital depreciation of N117 billion during the...
Prestige Assurance Plc plans to write off its accumulated loss of N776.5 million by cancelling about 1.55 billion ordinary shares of 50 kobo each from its...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have granted pre-merger approvals to the world’s largest brewer, Anheuser-Busch...
Nigerian equities reopened on Monday with a resurgent sell pressure shaving off N113 billion from market values of quoted companies. With more than three decliners to...
Nigerian equities traded in the immediate past week under a tight balance of profit-taking and bargain-hunting, but sell pressure from profit-takers tilted the market situation to...
After two days of consecutive rally, Nigerian equities stumbled on Thursday on the back of a resurgent profit-taking trend as investors sought to monetise capital gains...
Ecobank Transnational Incorporated (ETI) Plc, the parent company of Ecobank brands across Africa, recorded N389 billion in gross earnings in the first half of this year....
Nigerian equities were gripped by major sell pressure for the most part of the immediate past week as a scramble to monetise accrued capital gains and...
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...
Nigerian equities sustained their bullish run for the third consecutive trading session on Thursday as increased demand for quoted shares added N80 billion capital gains to...
Nigeria’s two largest breweries-Nigerian Breweries and Guinness Nigeria, led the bullish run to sustain the rally at the Nigerian stock market on Wednesday as investors remained...
Shareholders of Unilever Nigeria Plc can now trade their renounced shares for profit at the Nigerian Stock Exchange as the conglomerate launched its rights issue at...
Nigerian equities reopened on Monday to a strong profit-taking trend as investors turned to take profits on most equities that had seen significant appreciation in the...
Nigerian equities set a new year-to-date high on Monday as investors scrambled for blue chips ahead of this week release of most half-year earnings reports. Benchmark...
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 reopened on Monday to a tight balance of profit-taking and bargain-hunting as investors weighed the prospects of the incoming first-half results against capital gains...
Nigerian equities sustained an all-week rally to haul a net capital gain of N277 billion at the weekend as investors showed stronger appetite for equities across...
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...
The rally at the Nigerian Stock Exchange (NSE) entered its fifth consecutive session on Wednesday as investors continued to take positions in value stocks. With nearly...
Nigerian equities started the third quarter on a low note as a pronounced profit-taking trend compounded concerns over corporate earnings for first half to trigger strident...
The downtrend at the Nigerian stock market continued on Wednesday as quoted equities remained under intense sell pressure orchestrated by profit-taking transactions. With nearly three decliners...
Nigerian equities continued on the downtrend with a loss of N190 billion on Thursday, raising the losses within the two days of declines to N500 billion....
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 closed the first trading session for this week on Monday with a net capital gain of N112 billion as investors continued bargain-hunting across sectors...
Nigerian equities rallied against early profit-taking trends to sustain their positive position at the weekend, bucking a global downtrend that saw most advanced and emerging global...
Nigerian equities rebounded on Wednesday as investors stepped up the momentum of bargain-hunting at the Nigerian Stock Exchange (NSE). After two rounds of profit-taking on Monday...
The running profit-taking trend that started this week at the Nigerian stock market widened on Tuesday, depressing the overall market performance for the second consecutive trading...
World largest brewer, Anheuser-Busch InBev has initiated plans to merge its Nigerian businesses as it braces to challenge the dominance of Heineken’s Nigerian Breweries and Diageo’s...
After a successive rally in the past nine days, Nigerian equities suffered a reversal on Tuesday as investors turned to take profit on Dangote Cement Plc,...
Several leading stocks at the Nigerian stock market hit their highest prices in a year at the weekend as Nigerian quote posted a whooping gain of...
Nigerian equities posted a mouth-watering average gain of 3.38 per cent, equivalent to net capital gain of N329 billion last week, ranking as one of the...
Nigerian equities braced against alluring profit-taking tendency to sustain third consecutive positive trading session on Thursday as string demand for fast moving consumer goods companies (FMCGs)...
Nigerian equities continued on the uptrend on Wednesday as increased demand for large-cap stocks drove the market to second consecutive gain. Benchmark indices at the Nigerian...
Nigerian equities regained their uptrend on Tuesday as investors continued bargain-hunting for value stocks. After breaking a four-day consecutive rally with a loss of N12 billion...
Lafarge Africa Plc plans to raise N140 billion from existing shareholders to deleverage its balance sheet and provide additional working capital. The board of directors of...
Nigerian equities ran ahead and in most instances quadrupled gains by global equities as a flood of open market orders scrambled Nigerian shares to their highest...
