Major blue chips drop price on the Nigerian Stock Exchange
Some major blue chips on the Nigerian Stock Exchange (NSE) on Friday, recorded price depreciation as a result of profit taking by investors. Blue chips generally sell high-quality, widely accepted products…
Nigerian Stock Exchange market capitalisation dips by N19billion
Equity transactions on the Nigerian Stock Exchange (NSE) on Wednesday reversed to the negative trend after appreciating for one day as market capitalisation depreciated by N19 billion. The News Agency…
Buhari reassures business community of secured business environment
President Muhammadu Buhari on Tuesday reassured the business community that his administration would create more secured business environment. Buhari gave the assurance at the inauguration of the 250 million dollars…
Investors on Nigerian bourse lose N2.49 trillion in 7 months
Investors on the Nigerian Stock Exchange (NSE) lost N2.49 trillion or 15.64 per cent between January and July, a development experts attribute to the political uncertainty in the country. The…
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…
SEC tasks MTN Group on filing of IPO application for NSE listing
The Securities and Exchange Commission (SEC), on Friday tasked MTN Group on official filing of Initial Public Offering (IPO) which gathered media momentum in the last couple of months. Speaking…
Stocks on Nigerian Stock Exchange extend losing streak by 0.19%
Stocks on Nigerian Stock Exchange (NSE) extended their losing streak on Thursday following mixed second quarter earnings of companies and anxiety over 2019 general elections. The NSE All-Share Index shed…
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…
Dust settles as trading in Oando shares resumes Thursday – NSE
The dust has finally settle with the Nigerian Stock Exchange saying trading in the stock of Nigeria’s biggest energy company, Oando, will resume on Thursday, without any further impediment. The…
Mobil, Dangote Cement edge up NSE indices by 0.86%, capitalization up by N126bn
Some highly capitalised stocks on Wednesday posted price appreciation on the Nigerian Stock Exchange (NSE) with the market capitalisation improving by N126 billion. The News Agency of Nigeria (NAN) reports…