Markets
Unilever Nigeria records N8.3 billion loss
UNILEVER Nigeria Plc suffered a major contraction in the immediate past business year as a steep decline in sales left...
Read more
Despite poor services, telcos earn N2.78tr from airtime sales, others
In spite of the drop in quality of telephony services in 2019, telecommunication operators, especially Mobile Network Operators (MNOs) earned...
Read more
Subaru unveils ‘mysterious’ electric SUV
SUBARU has revealed an unnamed concept Sport Utility Vehicle (SUV), which could be based on the brand’s forthcoming all-electric underpinnings...
Read more
All-Share Index Year-to-date Growth Hits 10.4% as Bulls Remain in Control
The equities market recorded a marginal growth last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by...
Read more
Central Bank of Nigeria appoints directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors. A statement from the...
Read more
7.5% VAT: Business groups raise concern over unmoved stock, growth
Speaking exclusively to Daily Trust yesterday, the Vice President of the Abuja Chamber of Commerce and Industry (ACCI) in charge...
Read more
Dangote Cement Shareholders Approve Share Buy-Back Plans, Commends Board
Shareholders of Dangote Cement Plc yesterday unanimously approved the proposal of the company to buy back 10 per cent of...
Read more
Stock market sustains sliding profile, as indices plummet by N2b
The Nigerian equities market sustained prior day’s downtrend yesterday, as more bluechip stocks prices shed some weight, resulting to a...
Read more
Subsidy may rise as fuel marketers demand higher margins
The Federal Government may have to spend more on petrol subsidy as oil marketers in the country have called on...
Read more
Bank customers groan as glitches mar e-transactions
Many customers of the tier 1 bank, Guarantee Trust, yesterday lamented their inability to seamlessly make online transactions due to...
Read more
Investors Trade N3.7 Billion Shares as Market Pares Gains
Investors staked N3.713 billion on 272.839 million shares in 4,945 deals at the stock market yesterday, even as price losses...
Read more
Oil price hits $65 as Libyan oilfields shut down
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya...
Read more
Royal Exchange’s directors hold emergency meeting on accounts
DIRECTORS of Royal Exchange Plc are expected to meet today in an emergency meeting to consider the group’s financial statement...
Read more
Investors regain confidence as market gains N48bn
Investors in the equity market have regained confidence in the market following the extension of the gaining streak. The...
Read more
The Nigerian equities market recorded its first negative performance yesterday, halting its eight-day bullish streak. Having posted a growth of...
Read more
NSE Restates Commitment to Protect Investors, Recovers N1.44bn Shares
The Nigerian Stock Exchange (NSE) facilitated the restitutions and recoveries of shares worth N1.436 billion in 2019, the Chief Executive...
Read more
BUA listing adds N1.8tr to NSE capitalisation
The Nigerian Stock Exchange (NSE) yesterday listed the 33.864 billion ordinary shares of 50 kobo each BUA Cement Plc at...
Read more
NSE CEO to Review Market Performance, Unveil Plans for 2020
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema will on Monday lead other members of...
Read moreInvestors Stake N7.4 Billion on 693.2m Shares at Stock Market
Investors staked N7.444 billion on 693.188 million shares in 6,634 deals yesterday, as the market remained bullish. Although the volume...
Read moreEquities Investors Excited as Market Gains N471bn in Three Days
Equities market are having a good time as the market has gained N471 billion in three days following renewed demand...
Read moreStock investors gain N720bn in eight days
Equity investors have counted gains totalling N720bn as the stock market extended its gaining streak to the eighth consecutive day....
Read more
Nigerian Stock Exchange delists AG Leventis
The Nigerian Stock Exchange (NSE) Tuesday delisted AG Leventis (Nigeria) Plc, closing more than four decades of public listing at...
Read more
NSE grants delisting approval to Continental Reinsurance
The Nigerian Stock Exchange says it has granted Continental Reinsurance approval to delist. The NSE said in its Listings Report...
Read more
North America, Mexico suffer $44b loss to forex
At a time when the global economy is slowing and trade wars are raging, currency volatility is a critical way...
Read moreIran-U.S. tensions push oil price above $70/barrel
Some international relations experts yesterday said the biggest impact of Soleimani’s death so far, which is the surge in oil...
Read more
Powered by Agusto & Co.