Equities market furthered its downward movement on Thursday as sell-side pressure continues on the Bourse. The market decreased by N118 billion or 0.21 percent at the close of trading. The market which saw pockets of demand in select names however…
…Laments $500m loss over petrochemical facility delay in Ogun state …As NNPC Ltd unable to pay for 20% stake President of the Dangote Group, Aliko Dangote has revealed plans to list the Dangote refinery and Fertilizer company on the stock…
For the second time this week, Nigeria’s equities market increased on Tuesday by 0.53 percent as investors bought shares of Dangote Sugar Refinery, Nascon, PZ Cussons and Transcorp. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation…
Nigeria’s equities market furthered its movement southwards as more investors took sell positions on Tuesday. The market decreased further by 0.24 percent or N132 billion at the close of trading on Tuesday as more investors exited long positions in some…
The stock market on the Nigerian Exchange Ltd. (NGX) on Wednesday closed flat as the capitalisation declined by N2 billion amid sell-offs in Dangote Sugar and 19 other stocks Notably, the market capitalisation which opened at N55.554 trillion, shed N2 billion…
The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian Breweries, and Nestle Nigeria, among others. Following a flip-flop trading session, the market capitalisation which opened at N55,520…
The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian Breweries, and Nestle Nigeria, among others. Following a flip-flop trading session, the market capitalisation which opened at N55,520 trillion,…
Investors in the Nigerian equities market lost N199 billion at the close of trading on Tuesday. Before Monday’s N70 billion gain, investors had endured over two weeks of consecutive bearish trading sessions. Yesterday’s loss followed the dip in the value…
The Nigerian stock market on Monday extended its losing streak by 0.53 percent due to losses in Tier-One banking stocks. Specifically, the market capitalisation, which opened at N57.864 trillion, shed N304 billion or 0.53 percent to close at N57.560 trillion.…
The Nigerian stock market witnessed a significant boost in performance on Friday, propelled by gains in tier-one banks such as Guaranty Trust Holding Company (GTCO), Access Corporation, Zenith Bank and FBN Holdings, among others. Investors gained a total of N147…
