‘Expand market’s reach to gain from demutualisation’
For the much-awaited demutualisation of the exchange to attract huge investment needed to rejuvenate the stock market, experts have stressed the need for regulators...
Profit taking drags stock market indices by N57b
Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday's positive sentiment, as market capitalisation depreciated by N57billion.
Dangote Cement, GTB, others lead stock market’s N198b gain
Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.
Renewed sell pressure pulls stock market index by 1.09%
Renewed sell pressure on the trading floor of the Nigerian Stock Exchange (NSE), yesterday, reversed four-days bullish run, causing the All-share index to dip by 1.09 per cent.
FMDQ admits Dangote Cement’s N50 billion debt instrument
The largest Commercial Paper (CP) notes’ issuance by a non-financial institution, hit the debt segment of the capital market, as FMDQ OTC Securities Exchange (FMDQ), at the weekend...
Stanbic IBTC, Dangote Cement seal N50b commercial paper
Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes, the largest ever Commercial Paper (CP) issuance by a Nigerian company.
Dangote Cement, others lift NSE indices by N8billion
Transactions on the trading floor of the Nigerian Stock Exchange (NSE), reopened upbeat yesterday, following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Forte Oil (FO), as market capitalisation rose marginally by N8billion.
‘Dangote Cement’s African expansion drive strategic’
Group of Managing Director of Dangote Cement Plc, Engr. Joseph Makoju has said that the investments of the foremost cement company and its expansion drive across African...
Oil firms, others lift stock market index by 0.83%
Equity transactions on the floor of the Nigerian Stock Exchange sustained rising profile, following gains recorded by major highly capitalized stocks, especially Seplat and Mobil causing the All-share index to rise further by 0.83 per cent.
Dangote cement, NASCON others lift NSE index further by 1.58%
Price gains recorded by most blue chip stocks especially Dangote cement and National Salt Company of Nigeria (NASCON), yesterday buoyed transactions on the trading floor...
Ethiopia probes killing of Dangote Cement country manager
Ethiopian authorities are investigating the murder of the country manager of Dangote Cement Plc, the manufacturer owned by Africa’s richest man, and two other staff. Unidentified gunmen shot dead Deep Kamra, his secretary and his driver on Wednesday, Tariku Alemayehu, deputy manager for sales and marketing in Ethiopia, said by phone. The killings took place…