FG begins clampdown on illegal gas plants, roadside LPG retailers – Official
The Federal Government has begun clampdown on illegal gas plants and roadside retailers of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, an official said. Mr Bassey Nkanga, DPR’s…
Equities market still bearish, loses N82bn; Total leads losers
The Nigerian equities market commenced trading for the week on Monday still on a bearish trend with the market indicators dropping by 0.74 per cent. The All-Share Index shed 219.35…
Otedola’s Forte Oil upstream, power firm buyout stirs mixed sentiments
Shareholders and Capital Market Operators on Thursday expressed mixed reactions to moves by Mr Femi Otedola, Forte Oil Plc Chairman to buy out the company’s upstream and power assets. They…
Nigeria Stock Exchange market capitalization inches N 236 billion
The Nigerian Stock Exchange (NSE) recorded the first gain for the week with the market capitalisation increasing by N236 billion on Friday. The News Agency of Nigeria (NAN) reports that…
Forte Oil reports N61.8 billion revenue in first half 2018
Forte Oil has announced a revenue of N61.8 billion for the half year ended June 30, 2018. Mr Akin Akinfemiwa, the company’s Chief Executive, said the revenue represented a growth…
NSE: Market indices drop by 0.52% on low 6 months earnings
The market indices of the Nigerian Stock Exchange (NSE) lost 0.52 per cent on Friday due to low earnings declared by some quoted companies for six months ended June 30…
Stock market stays bullish as capitalisation gains N76bn
The Nigerian Stock Exchange (NSE) closed on an upbeat note on Friday with key indicators appreciating by 0.58 per cent, while volume of transaction rose by 81.85 per cent. The…
Activities maintain negative trend on Nigeria Stock Exchange
May 21, 2018 Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday still on negative posture with the market indicators losing 0.12 per cent and value…
Nigerian Stock Exchange: Indicators down by 0.48%
May 3, 2018 Activities on the Nigerian Stock Exchange (NSE) ended negatively on Thursday with the indicators shedding 0.48 per cent. The News Agency of Nigeria (NAN) reports that…
NSE market capitalisation rises by N170billion amid Nestle gain
April 27, 2018 The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday rose by N170 billion following huge gain posted by Nestle. The News Agency of Nigeria (NAN)…