Markets
Stock market index gains 1.90 per cent
Transactions on the Nigerian Stock Exchange (NSE) sustained its positive trend yesterday as more highly-capitalised stocks appreciated in prices, boosting...
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NSE capitalisation hits N17tr mark, as investors sustain appetite in dividend paying stocks
The market capitalisation of the Nigerian Stock Exchange (NSE) hit the N17 trillion mark yesterday, even as sustained bargain-hunting for...
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GTBank emerges the 2020 Best Digital Bank in Nigeria – Survey
A research and credit rating agency, Agusto & Co, on Monday disclosed that Guaranty Trust Bank ranked highest in user...
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Naira may depreciate to 475 against dollar, says Rewane
The naira will weaken in the parallel market as oil prices stay at $40-$42 per barrel and likely depreciate to...
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Investors’ appetite for high-cap stocks lifts market indices by N641b
Following investors’ continued interest in some high capital (high cap) stocks, especially Dangote Cement and MTN Nigeria Communications (MTNN), transactions...
Read moreImproved corporate performance pushes index further by 1.56 per cent
Despite prolonged economic downturn, improved corporate performance has continued to spur activities on the equity sector of the Nigerian Stock...
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Law Union and Rock Insurance Delists from NSE
The Nigerian Stock Exchange (NSE) has delisted the entire 4,296,330,500 outstanding ordinary shares of Law Union and Rock Insurance Plc...
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GTBank Gets CBN’s Approval-in-principle for HoldCo Structure
Guaranty Trust Bank Plc yesterday disclosed that it has obtained an approval-in-principle from the Central Bank of Nigeria (CBN) to...
Read moreBulls sustain dominance as index rises further by N4b
The bulls sustained their hold on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks appreciated...
Read moreProfit-taking halts gaining streak as market capitalisation sheds N27b
As anticipated, profit-taking by investors at the Nigerian equities sector halted six days of bullish run to commence trading on...
Read moreStock market gains N2.7tn in two months
Equity trading on the Nigerian Stock Exchange recorded a gain of N2.75tn in the last two months (September and October...
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Anticipated gains push NSE index further by 6.39 per cent
Anticipation of improved corporate performance triggered bargain-hunting on the equities sector of the Nigerian Stock Exchange (NSE) last week, as...
Read moreEquities rally N388b in three days
NIGERIAN equities has gained N388 billion so far this week as continuing bargain-hunting amid steady third quarter earnings pushed most...
Read moreEquity market gains N239bn on positive sentiment
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further...
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‘Sunu Assurances shares suspension in line with recapitalisation’
The trading on the shares of Sunu Assurances Nigeria Plc on the floor of the Nigerian Stock Exchange (NSE) has...
Read moreInvestors risk losing 2020 dividends
• As operators grapple with COVID-19 fallouts • Unilever, Cadbury, Meyer, others suffer loss amid weak spending • Stop trend...
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Lafarge Africa grosses N179.9b sales in nine months
Lafarge Africa Plc recorded double-digit growths in sales and profitability in the third quarter, with gross turnover rising by 10.3...
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CAP set to merge with Portland Paints
The Boards of Directors of Chemical and Allied Products Plc and Portland Paints and Products Nigeria Plc have taken a...
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Market extends winning streak, as index rises further by 0.28%
As investors continue to reposition ahead of the third-quarter earnings, the Nigerian Stock Exchange (NSE) extended its winning streak to...
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Stock Market Gains N20bn on Q3 Results’ Expectations
Equities investors ignored the violence and unrest in the country last week to increase their patronage of the market as...
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Access Bank Begins Disbursement of N50bn Interest-free Loan Today
Access Bank Plc will today commence the disbursement of the N50 billion interest-free loan and grant it set aside for...
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Fixed income, currency markets drop to N164.32tr in Q3
Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September...
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FEC: Buhari, ministers keep mum on Lekki killings
THE President, Major General Muhammadu Buhari (retd.), on Wednesday presided over the weekly meeting of the Federal Executive Council from...
Read moreOil & Gas Firms Raise N400bn from Capital Market, Says NSE CEO
Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock...
Read moreStock Market Loses N113bn as Investor Confidence Dampens
The stock market lost N113 billion yesterday as investors’ appetite, which has been high for days became dampened due to...
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