nigeria stock exchange news

  1. Nigeria Business News

    Business Academy Press hits 5 year low – Nairametrics

    Academy Press Plc yesterday hit a 5 year low on the Nigerian Stock Exchange. The stock opened at N0.50 and closed at N0.45, down N0.05. Year to date, the stock is down 10%. About the company Academy Press Plc was incorporated in Nigeria as a private limited liability company on … Read...
  2. Nigeria Business News

    Business MTN Nigeria to list on the Nigerian stock exchange this year – Nairametrics

    Two years after MTN Nigeria’s initial public offering (IPO) plan was extended due to ‘conditions that are not inconducive‘, the Chief Executive Officer of MTN Group, Rob Shuter disclosed that its local subsidiary will list on the Nigeria Stock Exchange (NSE) this year. Shuter told CNBC at the...
  3. Nigeria Business News

    Business Stocks Market Appreciates By N438bn W-o-W – Leadership Newspaper

    The Nigerian stocks market, last week, began and end on a high, posting gains in all the five trading session. This is the first of its kind since the week ended July 21, 2017 and was driven by aggressive bargain hunting for major blue-chips stocks led by Dangote … Read more via Leadership...
  4. Nigeria Business News

    Business Why Nigerian stocks are Africa’s cheapest – The Guardian Nigeria Newspaper

    An equity market report which showed that Nigerian stocks are at present regarded as the cheapest in Africa, in relation to other major economies on the continent such as South Africa, Egypt, Kenya and Ghana sounded incredible … Read more via The Guardian Nigeria Newspaper – Nigeria and World...
  5. Nigeria Business News

    Business Diamond Bank tops volume chart as NSE ends Friday positive – Nairametrics

    The Nigerian Stock Exchange ended today’s trading on a strongly positive note. The All Share Index closed at 31,005.17 basis points up 1.38%. Year to date, the index is down 1.35% The massive appreciation recorded today was largely due to the positive performance of Dangote Cement which gained...
  6. Nigeria Business News

    Business Stock market index rises further by 1.07% on sustained bulls’ run – The Guardian Nigeria Newspaper

    Nigerian Stock Exchange Continued exploitation of the lower share prices aided transactions on the equities sector of the Nigerian Stock Exchange (NSE) as the market sustained rising profile for the fifth consecutive session, yesterday causing the All -share index to appreciate … Read more...
  7. Nigeria Business News

    Business These are companies to watch out for on the NSE in H1 2019 – Nairametrics

    The first half of the year on the Nigerian Stock Exchange is usually dominated by the release of full-year results by companies. Though impending elections may cause a delay (or an early release in some cases), here are stocks investors should have on their radar in the first and … Read...
  8. Nigeria Business News

    Business Diamond Bank tops the volume chart as NSE stays green – Nairametrics

    The Nigerian Stock Exchange ended today’s trading session on a positive note. The All Share Index closed at 30,137.53 basis points, up 0.58%. year to date, the index is down 4.11%. Top Gainers and Losers Cement Company of Northern Nigeria was the best performing stock today..... Read more...
  9. Nigeria Business News

    Business Government borrows N1.16 trillion from equity market – The Guardian Nigeria Newspaper

    To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16 trillion from the equities market in 2018, including the maiden N100 billion Sukuk designed to fund critical road network across the country.... Read more via The...
  10. Nigeria Business News

    Business Diamond Bank tops gainers chart as NSE stays red – Nairametrics

    The Nigerian Stock Exchange continued its downward spiral in today’s trading session. The All Share Index closed at 30,400.28 basis points, down 0.78%. Year to date, the index is down 3.28% .... Read more via Nairametrics – Get more: Nigeria Business News
  11. Nigeria Business News

    Business Investors Count Gains in Spite of Volatile Stock Market – Thisdaylive

    Despite a decline of 17.8 per cent recorded by the Nigerian stock market in 2018, some investors in the market still recorded gains, THISDAY’s investigation has revealed. Apart from the Nigerian Stock Exchange (NSE) All-Share Index (ASI) that fell by 17.8 per cent, all other indices … Read...
  12. Nigeria Business News

    Business NSE loses N134bn on first trading day of 2019 – TheCable

    The Nigerian Stock Exchange (NSE) started the year 2019 on the red side, as the market shed N134 billion on Wednesday. As at the last trading day of 2018, the market capitalisation stood N11.7207 trillion, only to fall by N134 billion to N11.5863 trillion on the first trading day … Read...
  13. Nigeria Business News

    Business Stock market ends 2018 with N1.889trn loss – Newtelegraph

    Trading activities on the floor of Nigerian Stock Exchange (NSE) finished the 2018 financial year 2018 on the negative trajectory with a record of N1.889 trillion loss to close at N11.720 trillion in market capitalization as growing political … Read more via Newtelegraph –...
  14. Nigeria Business News

    Business Nigerian Stock Exchange moves 545.99 million shares worth N4.08 billion – TODAY.NG

    The volume of shares traded on the Nigerian Stock Exchange on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.... Read more via TODAY.NG – Get more: Nigeria Business News
  15. Nigeria Business News

    Business Access Bank Loses Big As Investors Offload Shares – Ladun Liadi’s Blog

    Access Bank Plc emerged the biggest loser at the end of trading on the Nigerian Stock Exchange on Tuesday as some investors sold off their shares, The Punch reports. The bank recorded a 5.52 per cent decline in its share price as it fell to … Read more via Welcome To Ladun Liadi’s Blog –...
  16. Nigeria Business News

    Business Capital Hotels just paid over half a billion to an ex client – Nairametrics

    In a notice to the Nigerian Stock Exchange (NSE) recently, Capital Hotels Plc stated that it had the sum of N560 million deducted from its account with Guaranty Trust Bank, on Friday December 8, 2018, following the execution of a garnashee order.... Read more via Nairametrics –...
  17. Nigeria Business News

    Business Stock investors’ apathy seen in declining volumes on NSE – BusinessDay

    Uncertainty surrounding the possible outcome of Nigeria’s forthcoming elections is reflecting on the volume of equities that are trading on the nation’s bourse. The remarkable disinterest for Nigerian stocks shown by both foreign and domestic investors became glaring in the recently released...
  18. Nigeria Business News

    Business Selloff In Banking, Industrial Stocks Leads Equities Index To 0.78% Loss – Leadership Newspaper

    The Nigerian equities market, yesterday, shed 0.78 per cent on account of sell offs in high capitalised stocks in Banking and Industrial Goods sector. As a result, the All Share Index (ASI) was down by 252.45 absolute points, representing a decrease of 0.78 per cent, to close at … Read more...
  19. Nigeria Business News

    Business These stocks hit a 5-year low last week – Nairametrics

    Diamond Bank Plc Diamond Bank, in addition to hitting a 5-year low, was the worst performing stock last week. The stock hit a 5-year low of N0.86, last week Thursday and eventually closed on Friday at N0.90, down N0.38 or 29.69%. Year to date, the stock is down 40%. … Read more via...
  20. Nigeria Business News

    Business May & Baker Nigeria Grows Q3 Net Profit By 241% – Leadership Newspaper

    May & Baker Nigeria Plc grew on improved cost management and increased margins to sustain impressive growth in profitability in the third quarter as total comprehensive profit grew by 240.65 per cent to N744.33 million. The nine-month report for the period ended September 30, 2018 submitted at...