After three days of persistent bearish mood, trading on the Nigerian Exchange Ltd (NGX) rebounded by N17 billion to close Christmas eve positive. Specifically, the market capitalisation rose by N17 billion or 0.08 per cent to close on Friday at…
Some shareholders on the Nigerian Exchange Ltd (NGX) said that new generation banks are setting the pace in the financial industry with Titan Trust Bank acquisition of Union Bank of Nigeria (UBN) Plc. They said this in an interview with…
Trading on the nation’s bourse remained bearish on Thursday with the market capitalisation dropping further by N7 billion on sustained profit taking. Specifically, the market capitalisation lost N7 billion or 0.03 per cent to close at N22.043 trillion from N22.050…
The domestic equities market sustained its bearish trend on Wednesday due to losses recorded by MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation inched lower by N75 billion or 0.34 per cent to close at N22.050 trillion…
By Seun Ibiyemi Nigerian Exchange Limited (NGX), has announced the listing of Ronchess Global Resources Plc and also facilitated the financing of over N5 trillion in capital raised by governments and corporates so far in 2021. The Chief Executive Officer,…
The Nigerian stock Market on Tuesday edged a negative performance with a loss of 0.01 per cent as investors’ sentiment remained negative. Specifically, the All-Share Index declined by 6.14 points or 0.01 per cent to close at 42,388.57 from 42,394.71…
Stock market operators have expressed optimism that trading on the nation’s bourse would close bullish ahead of Christmas holidays as investors position for dividend paying stocks for 2021 financial year. They said this in interviews with journalists in Lagos on…
Trading on the nation’s bourse closed green on Friday with the market capitalisation rebounding by N51 billion due to gains by some blue chips. Specifically, the market capitalisation which opened at N22.056 trillion improved by N51 billion to close at…
FBNH on Thursday recorded a decline in share price taking the tier-1 bank’s price to N12.00, slightly dropping by 0.83%. However, the bank traded highest in value of N955 million. The bank’s market value today depreciated by N3.59 billion at…
Positive sentiments returned to the Nigerian equities market on Wednesday following investors’ interest in Guaranty Trust Holding Company (GTCO) and 18 others. Specifically, the market capitalisation inched higher by N21 billion or 0.10 per cent to close at N22.102 trillion…
