Stock market reopens upbeat as index rise by N4 billion
Trading on the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most blue-chip companies, as market capitalisation appreciated by N4 billion.
Shareholders urge bank to review sectoral allocation to agriculture
Amid predictions that the ongoing COVID-19 pandemic may trigger food shortages in Nigeria, Shareholders of FBN Holdings Plc have urged the bank to review its sectoral allocation to agriculture.
Bellwethers push market capitalisation by N10b
Price gains recorded by many highly capitalised stocks, aided the bulls to upstage the bears at the end of yesterday’s transactions, causing market capitalisation to appreciate by N10 billion.
Investors open week with N276 billion loss in bears’ run
he Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, with a loss of N276 billion following continued weak sentiments that dominated the market
Bulls sustain dominance at NSE as indices rises further by N46 billion
The bulls maintained dominance at the end of transactions yesterday, on the equities sector of the Nigerian Stock Exchange (NSE), as market capitalisation appreciated further by N46 billion.
Folake Ani-Mumuney Honoured again
Folake Ani-Mumuney, Chairperson, FBN Insurance Brokers; Group Head, Marketing and Corporate Communications, First Bank of Nigeria Plc and Vice President, World Federation of Advertisers, recently clinched the Lifetime Achievement honour at the Marketing World 2019 awards in Ghana. A fine corporate player, Folake has crisscrossed the heart of corporate platforms, holding several key and sensitive…
Persistent sell-off drags stock market indices further by N43b
The Nigerian Stock Exchange (NSE) extended losing streak to four successive trading sessions, occasioned by sustained sell-off in most blue chip stocks, resulting to a further slide in market capitalisation by N43 billion. Specifically, at the close of trading yesterday, the All Share Index (ASI) shed 115.61 absolute points, representing a dip of 0.39…
Wema Bank, Presco, others lead stock market’s N95 billion loss
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close…
‘Why artificial intelligence, data remain critical to banking’
Globally, the banking industry is witnessing growing demands from customers who are being empowered by ongoing digital transformation.