The Nigerian stock market maintained a downward trend on Tuesday May 15, 2018 as 25 stocks lost their value against just 12 gainers.
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Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained sliding profile yesterday, even as more highly capitalised stocks recorded price depreciation, causing investors’ wealth to depreciate by …
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Nigeria Stock Exchange, Lagos Transactions on the equities sector of the Nigerian Stock Exchange (NSE) peaked at N106 billion last month (April), as investors exchanged a total of 8.4 billion shares in 92,807 deals. A breakdown of the activities for the …
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Diamond Bank Plc has again announced the postponement of its 2017 financial statements and Q1 2018 financial results.
In a request letter sent to the Nigerian Stock Exchange and signed by the bank’s secretary and legal adviser, Uzoma Uja, noted that its 2017 Audited Financial Statements [AFS]...
Oando has once again boosted shareholders confidence by publishing a N19.8bn profit after tax in its FYE 2017 financial results.
Five quarters in a row. The company has sustained its trend of posting positive results. Many would have thought that the Securities and Exchange Commission’s …...
The Nigerian Stock Exchange on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to the Bank’s strong adherence to international best practices on corporate governance.
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Two companies – Afrik Pharmaceuticals Plc and African Paints Nigeria Plc – have been delisted by the Nigerian Stock Exchange (NSE) from trading on the secondary market. The delisting happened over the weekend following the approval of the National Council of the Nigerian Stock Exchange...
The Nigerian stocks market yesterday rebounded with a gain of 0.17 per cent on Consumer Goods and Industrial Goods stocks. In summary, the All Share Index (ASI) gained 69.86 absolute points, representing a growth of 0.17 per cent to close at 40,499.04 points. Similarly, the market capitalisation...
Julius Berger Nigeria Plc has posted a profit before tax (PBT) of N3.7 billion for the year ended December 31, 2017. The company’s result released to the investing public on the Nigerian Stock Exchange (NSE) said its profit before tax stood at N3.7 billion in 2017 compared to an N1.4 billion...
Retail shareholders expecting bumper dividends from some banks in the country, may be disappointed as the Central Bank of Nigeria (CBN) has issued a circular updating its rules regarding dividend payments by banks and discount houses.
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The Nigerian Stock Exchange (NSE), today broke a bearish trend with a 1.11% gain. The index lost 3.4% last week, and 3.3% this week, before today’s gain. Year to date gains have however narrowed to 10.27%. Why the drop? The bearish trend was due to several factors.
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The Securities and Exchange Commission (SEC) on Monday said it was yet to be notified by the MTN Group on plans to raise about 500 million dollars from the Nigeria’s capital market. A source who pleaded anonymity told newsmen in Lagos that the commission was yet to receive
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The bears strengthened its hold on the trading floor of the Nigerian Stock Exchange (NSE), to close negative for the third consecutive session, causing market capitalisation to plunge further by N122billion. Specifically, at the close of trading yesterday,
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The Nigerian stock market on Wednesday halted its bullish run to close negative as equities investors lost N54bn. A total of 651.901 million shares valued at N7.764bn exchanged hands in 7,091 deals. Lasaco Assurance Plc declined by 8.7 per cent to emerge as the worst performing stocks for the...
Dangote Cement factory Following price gains recorded by major highly capitalised stocks especially Dangote Cement, and StanbicIBTC yesterday pushed market capitalisation by N191billion. Specifically, at the close of trading yesterday, the index rose by 572.72 points or 1.31 per cent to close at...
Stock The Nigerian Stock Exchange (NSE) recorded a feat on Tuesday, with the All-Share Index crossing over 44,000 mark for the first time. The index rose to 44,054.72 from 43,119.00 achieved on Monday, representing an increase of 935.72 points or 2.17 per cent. Similarly, the market...
The Nigerian Stock Exchange, services the largest economy in Africa, and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more.
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Equities market on the Nigerian Stock Exchange closed Wednesday on a negative note, second day running as NSE ASI depreciated by 0.58 per cent to close at 25,183.10 basis points, as against 0.17% depreciation recorded on Tuesday.
DEALS: 2,958.00
VOLUME: 228,023,780.00
VALUE: 2,390,880,435.86...
Trading on the floor of the Nigerian Stock Exchange (NSE) on Monday closed bullish.
With the overall performance indicators, NSE ASI appreciated by 0.49 per cent to close at 25,373.42 basis points, as against 0.62% depreciation recorded previously.
Volume: 254,747,127.00
value...
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Paint manufacturerer Meyer Plc has announced the appointment of Mr Bamidele Akinola as Managing Director on October 1 2016.
This is according to a statement released by the Nigerian Stock Exchange (NSE) on Thursday,
Meyer also appointed Mrs Ifetola Fadeyibi as Company Secretary on November 8...
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