The Naira, yesterday, depreciated to N364.33 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded dropped by 78 percent.....
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A total of 173.55 million shares valued at N3.71 billion were traded in 3,082 deals on the Nigerian Stock Exchange (NSE) on Thursday.
These were against the 246.91 million shares worth N6.930 billion traded in 3,912 deals on Wednesday, representing 29.711 per cent decrease in volume. The …...
The stocks of Nigerian Breweries Plc, GTBank Plc, Dangote Sugar Refinery Plc, Forte Oil Plc, and UAC of Nigeria Plc witnessed remarkable sell-off which thereafter impacted their prices after Tuesday’s trading on the Nigerian Bourse.
Only 14 stocks advanced in price as against 29 …
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Trading on the Nigerian Stock Exchange closed on a positive note on Tuesday, with OkomuOil leading the gainers’ table for the day....
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Guinness Nigeria Plc posted a profit before tax of ₦9.9 billion at the end of the 2018 financial year, the company’s results released by the Nigerian Stock Exchange have shown.
It was an almost 300 per cent increase year on year from the ₦2.6 billion …
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Nigerian equities market yesterday began the trading week on a decline, to reverse the previous trading days’ positive trend, as investors lost N42billion.
The Nigerian Stock Exchange -All Share Index (NSE-ASI) shed 114.81 absolute points, representing a decline of 0.32 per cent to close at...
The Nigerian Stock Exchange (NSE) has announced 14 listed firms yet to file in their audited financial results for the year ended December 31, 2017, 2016 and 2015.
This was contained in the X-compliance report of NSE for the period ended August 24, 2018...
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Some financial market experts and shareholders of quoted companies have expressed concerns over a foundation that was recently set up by the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema.
Specifically, they raised concerns of corporate governance and a …...
The financial markets ended last week with some optimism of revived demand for FGN bonds and treasury bills in the secondary market this week, anchored on expectation of …
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The equity market closed lower on Thursday as the bears continued to dominate market, with the Nigerian Stock Exchange, All Share Index, ASI shedding further...
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For dividend investors and those looking for high yield, high dividend yielding stocks provide good alternatives to bonds and bond funds.
The search for high dividend stocks gets more desperate as falling interest rates make fixed income securities less attractive....
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The volume of shares traded on the Nigerian Stock Exchange (NSE) dropped drastically on Wednesday by 54.03 per cent, amid political...
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Oando Plc, Nigeria’s leading indigenous energy group, on Thursday announced its unaudited results for the six months period ended June 30, 2018.
Oando, listed both on the Nigerian and Johannesburg Stock Exchange, made the significant progress in the first half of 2018 building on the momentum...
The Naira has depreciated against Dollar but stayed unchanged against Euro at parallel market.
Trading at the parallel market saw....
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The stock market extended its decline on Wednesday as 20 companies led by Seplat Petroleum Development Company Plc recorded losses at the close of trading on the Nigerian Stock Exchange.
The market capitalisation of equities listed on the NSE dropped to N13.984tn from N14.006tn on Tuesday, …...
The oil and gas industry plays a critical role in Nigeria’s economy.
For the government, it is a key source of revenue.....
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Nestle came second with a growth of N44.80 to close at N1,495, while Mobil Oil appreciated by N8.70 to close at N183.
Dangote Cement added N3.20k to close...
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We believe United Bank for Africa’s (UBA) solid fundamentals and financial position remain intact.
We upgrade our recommendation to....
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The board of Transnational Corporation Plc (Transcorp) has announced the appointment of Mr. Christopher Ezeafulukwe as a new executive ...
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